14 June 2017Insurance

Everest Insurance hires from AIG to boost energy unit

Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has appointed Jeff Engelbrecht as a senior executive within the energy team.

Engelbrecht joins Everest from AIG, where he had worked in various leadership roles since 1995, most recently as executive vice president, excess casualty, energy and construction leader.

In his new role, Engelbrecht will be principally responsible for working with the many evolving national account relationships, while providing in-house expertise across the entirety Everest Energy underwriting team.

"We are thrilled to add a professional of Jeff’s calibre to the Energy team," said Tom Morelli, head of energy at Everest Insurance. "Jeff is an industry veteran with a proven track record of developing and motivating national teams to achieve goals, improve results, solidify broker relationships, while delivering high levels of customer satisfaction. His expertise and experience will be invaluable to us not only in the Energy space but within the entire Everest organisation."

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More on this story

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11 July 2017   Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has hired Andreas Graham to join its excess casualty team and lead the expansion of energy portfolio and capabilities.
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18 May 2017   Bermuda-based Everest Re Group has appointed Keith Lavigne as the new leader of management and professional liability within Everest Specialty Underwriters, the management and professional liability unit of its US insurance operations.
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13 April 2017   Bermuda-based Everest Re is likely to get involved in mergers and acquisitions as reinsurers operating in the US are under significant pressure to grow, according to CreditSights analysts.