Everest Re Group, Ltd. (NYSE:RE) announced today that Michael Mulray
will be joining the Company as Chief Underwriting Officer of Everest
National Insurance Company / U.S. Insurance Operations.
Mr. Mulray joins Everest from General Electric Company, where he spent
the last decade in a variety of risk and insurance leadership positions.
This included his role as Enterprise Risk leader within GE Upstream Oil
& Gas Division and as a member of the GE Insurance and Risk Management
practice, maintaining responsibility for Casualty Risk Management across
GE’s global portfolio. Mr. Mulray began his career with Aon Risk
Services, serving in a variety of roles in both the US and Bermuda
markets.
Mr. Jonathan M. Zaffino, President of Everest National Insurance
Company, commented “We are pleased to welcome Mike to the Everest
organization. He brings to us a formidable and unique skill set in the
areas of strategic planning, risk and portfolio management, operational
excellence, and an acute awareness of the tactical strategies that
distinguish leading underwriting organizations. I look forward to
working with Mike as we endeavor to build on the successes of Everest’s
insurance operation.”
Mr. John P. Doucette, Executive Vice President and Chief Underwriting
Officer, added, “As Everest continues to expand its insurance operation
through the introduction of new products and lines of business, along
with an expanded geographic reach, adding someone with Mike's skill set
represents an important milestone in this journey. Mike will allow us to
enhance our underwriting analytics and capabilities across the platform,
while ensuring a seamless execution of our Group underwriting strategy.”
Mr. Mulray will assume his new position with immediate effect and will
be based in the organization’s Liberty Corner, NJ offices.
Everest Re Group, Ltd. is a Bermuda holding company that operates
through the following subsidiaries: Everest Reinsurance Company provides
reinsurance to property and casualty insurers in both the U.S. and
international markets. Everest Reinsurance (Bermuda), Ltd., including
through its branch in the United Kingdom, provides reinsurance and
insurance to worldwide property and casualty markets and reinsurance to
life insurers. Everest Reinsurance Company (Ireland), Limited provides
reinsurance to non-life insurers in Europe. Mt. Logan Re, a segregated
cell company, capitalized by the Company and third party investors, is a
specialty reinsurer of catastrophe risks. Everest National Insurance
Company and Everest Security Insurance Company provide property and
casualty insurance to policyholders in the U.S. Everest Indemnity
Insurance Company offers excess and surplus lines insurance in the U.S.
Everest Insurance Company of Canada provides property and casualty
insurance to policyholders in Canada. Additional information on Everest
Re Group companies can be found at the Group’s web site at www.everestregroup.com.
Copyright Business Wire 2015