Everest Insurance reorganizes US retail business

Everest Insurance has reorganized its US retail business into four regions as it bids to become the preferred property and casualty global insurance leader. 

Everest, a subsidiary of Bermuda-based Everest Group, said internal appointments would lead two of the regions while it had hired executives from Chubb and Zurich to lead the other two. 

“Continuous growth demands deeper relationships that inspire confidence through engagement and accountability,” said Mike Mulray, president of Everest Insurance North America. “By establishing localised, collaborative teams that enhance client access to our best talent, expertise, and full range of risk management resources, Everest can scale its customer service excellence, delivering more for our clients, brokers, and colleagues alike.

“Bringing decades of industry expertise and region-specific experience, these accomplished leaders empower Everest to meet our customers where they are, positioning us to go deep in each market and drive continued growth,” continued Mulray. “This strategic realignment brings us closer to our customers while reinforcing our commitment to being the partner of choice to our clients and brokers.”

The regional executives are: 

Craig Hanrahan, regional executive, US Northeastern Region, who joins Everest from Chubb, where he was executive vice president, Major Accounts. Hanrahan has also worked for Marsh and AIG. 

Marissa Jennings, regional executive, US Southern Region joins the company from Zurich Insurance Group, where she most recently led the strategic growth strategy for the Southeast region. She previously held roles with The Hartford Insurance Group and Progressive. 

Marcus Cooper, regional executive, US Central Region was previously head of distribution for Everest Insurance North America. Before joining Everest in 2021, Cooper’s 20-year career included leadership roles at Liberty Mutual, AIG, and Zurich North America.

Michael Cellura, regional executive, US Western Region was previously head of international facultative reinsurance for Everest. Prior to joining Everest in 2022, Cellura spent more than 15 years with Chubb, where he held various executive positions including Northern California Executive, overseeing insurance underwriting and operations.

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