24 July 2020News

Everest Insurance reshuffles its senior management

Bermuda-based Everest Re Group has made a number of changes to its senior management team in its Everest Insurance division.

Michael Karmilowicz has been named president and CEO while with Michael Mulray has been made chief operating officer.

Karmilowicz joined Everest Insurance in July of 2015, and most recently served as executive vice president and president of North America P&C. He previously worked in increasingly responsible management and underwriting positions at carriers including Zurich and The Hartford.

Mulray joined Everest Insurance in May of 2015, as chief underwriting officer, a position he has held since that time. Prior to joining Everest, he worked at General Electric Company, where he spent a decade in a variety of risk and insurance leadership positions. He began his career in insurance over 20 years ago with Aon, serving in a variety of roles in both the US and Bermuda markets.

Juan Andrade, president and CEO of Everest Re Group, said: “Mike Karmilowicz, Mike Mulray, and the leadership team have done a tremendous job in the build out of the Everest Insurance Division, while elevating the Everest name in the insurance marketplace. Mike and Mike’s leadership capabilities, track record, knowledge of the market, and strategic vision make them ideal candidates for leading the Insurance Division going forward.

“Today’s announcement further demonstrates the strength of the talent within Everest. I look forward to continuing to work with Mike and Mike as they and their team advance our mission of delivering consistent, industry leading underwriting results.”