Everest’s chief risk officer passes away

Everest Re Group has announced the passing of Don Mango, the company’s chief risk officer and chief actuary.

“With Don’s passing, we lost a beloved colleague and friend. Don was a legend in our industry and had an immeasurable impact on Everest’s business and culture,” said Juan Andrade, Everest president and CEO. “He was deeply committed to supporting the next generation of risk management leaders.”

To honour his legacy, Everest is establishing the Don Mango Scholarship at the Greenberg School of Risk Management, Insurance and Actuarial Science at St. John’s University. Additionally, it is creating the Don Mango Award for Innovation to recognise Everest colleagues who demonstrate excellence within the company.

Ari Moskowitz, Everest Reinsurance chief operations officer and chief pricing actuary, has been appointed Everest Group chief risk officer. Reporting to Jim Williamson, group chief operating officer and head of Everest reinsurance, Moskowitz will be responsible for the company’s risk management strategy, enterprise risk management framework and related group processes, including capital performance management.

“I had the pleasure of working alongside both Ari and Don to evolve our disciplined enterprise risk framework, which is crucial to our company, core to our mission and embedded in everything we do,” said Jim Williamson, group COO and Everest head of reinsurance. “This, coupled with his deep actuarial expertise and reinsurance acumen makes Ari the ideal leader to advance our robust culture of rigorous risk management.”