21 February 2018News

Everest Insurance expands private company unit

Everest Re Group is continuing to expand the Everest Insurance Financial Lines division of Everest Specialty Underwriters with the formation of a new private company/not-for-profit unit.

The private company team is led by Salvatore Collura, who joined Everest Insurance in November of 2017. The team has now been further bolstered with new appointments.

Michael Truehart has been appointed vice president and head of the east region for the team and reports to Collura. He joins Everest from Transatlantic Reinsurance Company where he was an assistant vice president responsible for facultative underwriting across professional lines.

Nicholas Isler is now responsible for the private company/not-for-profit product suite. He joined Everest in October of 2015 as a director, bringing with him 12 years of extensive experience underwriting financial lines. Prior to joining Everest, Isler was responsible for managing multiple regions across the country with both Arch Insurance Group and The Hartford.

Micah Maravankin has been named New York regional manager, responsible for overseeing the NY underwriting team and underwriting large complex accounts. He will be reporting to Truehart. He joined Everest in September 2016 from Chubb, where he managed broker relationships on both US coasts and the Mid-Atlantic region for their private company/not-for-profit team.

Justine Garvey has been appointed executive underwriter with responsibility for underwriting various types of insureds and working with brokers in New York and San Francisco, reporting to Maravankin. Previously she spent 5 years at Chubb as a senior underwriter in the private company/not-for-profit financial lines division servicing the east coast.

Finally Jonathan Tam will be responsible for underwriting various types of insureds and working with east coast brokers, also reporting to Maravankin. He joined Everest in July 2015 as an underwriting assistant in property and casualty lines.

“Everest is committed to growing its presence in financial lines, specifically in the private company/not-for-profit space. The deep technical knowledge of our team members, together with their collaborative work style and focus on service, sets us apart from our competitors,” said Collura. “We are committed to providing creative and innovative product solutions and exceptional service to our customers and trading partners.”




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More on this story

News
8 January 2018   Everest Re Group has appointed Jonathan Zaffino to the position of president and chief executive officer of the Everest Insurance division.
News
15 March 2018   Everest Re Group has unveiled its elevation investment management insurance policy (Elevation IMI), which provides management and professional liability coverage to investment advisers, mutual funds and hedge funds.
News
28 March 2018   Everest Re Group has created a new Everest Insurance Cyber ElevationSM Insurance Policy (Cyber Elevation).