HAMILTON, Bermuda – May 24, 2016 -- Everest Re Group, Ltd. (NYSE: RE) announced that David Sandler has joined Everest Insurance as leader of a new business unit targeting the risk management client segment. Everest Risk Management enters the market with a deep product offering consisting of worker’s compensation, general and auto liability, foreign casualty, along with a full suite of casualty risk financing and servicing capabilities.
Dave assumes responsibility for the existing Everest underwriting teams dedicated to this segment, while also pursuing the select expansion of additional capabilities across the country. This group of talented professionals are well versed in the multitude of solutions and service requirements brokers and insureds have come to value and expect. Supporting these efforts will be the current Everest Insurance infrastructure with its deep claims, credit, and operational capabilities. This positions Everest Risk Management well to add immediate value to brokers and insureds in this important segment.
Dave joined Everest Insurance from AIG, where he accumulated over 22 years of experience in the primary casualty market. He held a variety of diverse and impactful positions within the overall Casualty structure of AIG, including various underwriting and leadership roles within AIG Risk Management (AIGRM) as President of the Commercial Risk division and Executive Vice President and Chief Operating Officer of U.S. Casualty. Most recently Dave served as Executive Vice President and Head of Corporate Accounts.
Jonathan Zaffino, President of Everest Insurance North America, commented, "Dave brings to us a very deep and formidable skill set in the primary casualty and foreign casualty markets. He is widely known within the broker community as an astute technician, a thoughtful underwriter, and a talented leader. We are pleased to welcome Dave to the Everest team as he will undoubtedly be a valued addition to Everest Insurance and our expansion efforts within the risk management segment."
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. 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. The Company also operates within the Lloyd's insurance market through Syndicate 2786. In addition, through Mt. Logan Re, Ltd., the Company manages segregated accounts, capitalized by the Company and third party investors that provide reinsurance for property catastrophe risks. Additional information on Everest Re Group companies can be found at the Group’s web site at www.everestregroup.com.