Everest Re unveils new CIO

Everest Re Group has said that Srini Maddineni, Everest’s SVP and global chief information officer (CIO) for Insurance and Reinsurance Systems, will succeed Terry Walker as CIO, reporting to Jim Williamson, Everest Group’s chief operating officer. Walker will retire at the end of the first quarter of 2023.

Maddineni joined Everest after a 30-year career in the financial services and insurance industries. Prior to joining Everest, Maddineni was CIO of Commercial North America at Chubb, where he led technology for Commercial Insurance.

Prior to that, Maddineni held senior technology, applications, and client experience roles at global organizations including S&P Global, Bank of New York Mellon, and State Street Corporation.

The Company also promoted two IT executives to deputy CIO roles. Hemal Patel, deputy CIO – Corporate Applications & Services will lead Everest’s Corporate Systems, Shared Services and Portfolio Management. Arron Lamp, deputy CIO – Architecture, Data, and Analytics will lead IT Innovation and Digital Transformation. Both will report to Maddineni.

“Srini is an accomplished executive with significant experience delivering transformative technology capabilities on a global scale,” said Williamson. “He has made a meaningful impact as Global CIO of Reinsurance and Insurance, having led all aspects of systems development across our global businesses. I look forward to collaborating with Srini and his talented team to drive our technology strategy forward.”