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7 May 2024 Insurance

Everest reveals strategic US shake up, pulls in top talent from Chubb/Zurich

Everest Insurance, the insurance arm of Bermuda-based global re/insurer Everest, has restructured its US retail operations, enlisting seasoned executives from Chubb and Zurich Insurance Group to drive regional growth and deeper market penetration.

The strategic realignment into four distinct regions—Northeast, South, Central, and West—aims to enhance local market engagement.

Craig Hanrahan has been appointed as regional executive, US Northeastern region. He joins Everest from Chubb, where he was executive vice president, major accounts. He has over three decades of industry experience including tenures with Marsh and AIG.

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

Marcus Cooper was named regional executive, US Central region and Michael Cellura will be regional executive, US Western region.

Cooper 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.

Cellura 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, where he oversaw insurance underwriting and operations.

Mike Mulray, president of Everest Insurance North America, said: “Continuous growth demands deeper relationships that inspire confidence through engagement and accountability.

“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.”

Mulray added: “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.

“This strategic realignment brings us closer to our customers while reinforcing our commitment to being the partner of choice to our clients and brokers.”

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