14 June 2017Insurance

Everest Insurance hires from AIG to boost energy unit

Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has appointed Jeff Engelbrecht as a senior executive within the energy team.

Engelbrecht joins Everest from AIG, where he had worked in various leadership roles since 1995, most recently as executive vice president, excess casualty, energy and construction leader.

In his new role, Engelbrecht will be principally responsible for working with the many evolving national account relationships, while providing in-house expertise across the entirety Everest Energy underwriting team.

"We are thrilled to add a professional of Jeff’s calibre to the Energy team," said Tom Morelli, head of energy at Everest Insurance. "Jeff is an industry veteran with a proven track record of developing and motivating national teams to achieve goals, improve results, solidify broker relationships, while delivering high levels of customer satisfaction. His expertise and experience will be invaluable to us not only in the Energy space but within the entire Everest organisation."

Today’s stories

Lloyd’s may face conflict with members in emerging market embrace

Anbang Insurance Group chairman steps aside, purportedly detained

Willis Towers Watson restructures corporate risk and broking unit

Neon acquires Guernsey MGA Sapphire Underwriters

JLT Re poaches Guy Carpenter SVP for North America practice

JLT unit closes $65.1m cat bond

SRA re-elects Validus Re APAC CEO Haushofer as chairman

The Hanover enters Pennsylvania personal lines market

Fidelis Group hires Starr exec to expand marine portfolio

CopperPoint appoints former PwC exec to CFO role

Target Group hires new chief financial officer

Did you enjoy reading this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
18 May 2017   Bermuda-based Everest Re Group has appointed Keith Lavigne as the new leader of management and professional liability within Everest Specialty Underwriters, the management and professional liability unit of its US insurance operations.
Insurance
13 April 2017   Bermuda-based Everest Re is likely to get involved in mergers and acquisitions as reinsurers operating in the US are under significant pressure to grow, according to CreditSights analysts.
Insurance
11 July 2017   Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has hired Andreas Graham to join its excess casualty team and lead the expansion of energy portfolio and capabilities.