Everest taps former Guy Carp insurtech, innovation leader for global role
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has hired former Guy Carpenter head of innovation and product development Don Mango.
Mango joins Everest as global head of actuarial pricing and modelling for insurance, responsible for setting the framework and executing on all aspects of the pricing and portfolio management strategies to further drive underwriting profitability across the company. He will be based out of Everest Insurance’s Liberty Corner, New Jersey office.
Mango has over 30 years of experience in portfolio strategy, capital modelling, hedging and insurtech. He served as the head of innovation and product development at reinsurance broker Guy Carpenter until mid-2017. He joined Guy Carpenter's quantitative analysis and modelling unit Instrat in 2006. Prior to that, Mango was the director of research and development at GE Insurance Solutions. Previously, he was the chief risk officer for American Re Insurance.
“Don is a true thought leader in the actuarial field. Over the last several years Don has spent a significant amount of time on advanced technologies, data, and analytics," said Mike Mulray, Everest Insurance's chief underwriting officer. "Leveraging this knowledge base, utilizing emerging and expanding data sets, as well as various proprietary tools and models, Don will help propel our growth and profitability into the future. I look forward to collaborating with Don and the team on the continued refinement of our pricing and portfolio management strategies as we continue to work tirelessly to deliver value to our stakeholders. I am very excited to have Don join the Everest team.”
Jonathan Zaffino, President and CEO, Everest Insurance, added: “We are pleased to welcome Don to Everest Insurance. Attracting world class talent is a hallmark of the Everest Insurance strategy. Bringing someone of Don’s calibre and expertise to our team further accelerates our continued investment in data, analytics, and technology, which are critical to the strategy and success of a modern era specialty insurer like Everest.”
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