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28 September 2018Insurance

Everest Insurance promotes specialty, risk management leaders in US

Everest Insurance has promoted Mike Karmilowicz and Dave Sandler to president for specialty and risk management business segments.

Karmilowicz leads Everest Specialty Underwriters (ESU), which currently comprises the executive solutions group (financial institutions, public & private D&O, & cyber), professional liability, alternative solutions (transactional liability & private equity), political risk & trade credit, and surety. Karmilowicz has also joined the board of the specialty insurance group (SIG), Everest’s sports & leisure specialist organisation based in Carmel, Indiana.

Sandler will lead the risk management group, that also includes monoline workers compensation, multinational casualty, commercial casualty, energy and transportation & logistics. Sandler has also joined the board of Everest Insurance Company of Canada.

Jonathan Zaffino, president and CEO of Everest Insurance, commented: “Today’s announcement recognizes both Mike and Dave’s significant leadership impact on Everest Insurance, their personal performance during their time here, and the growing scale and diversity of the business units they oversee.

"Mike and Dave are talented and seasoned industry leaders, each with more than 25 years of experience in the industry and will play in increasingly important role in our future. I look forward to partnering with both of these talented Executives as we continue to evolve Everest Insurance toward the World Class Specialty Insurer we envision.”

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