Since launching Everest Evolution™ a year ago, it has been very well-received in the market. We have continued to invest heavily in the business, particularly in our specialty lines.Stephen Buonpane
President, Everest Evolution™
Insurance Insider US reporter Meg Green caught up with Everest Evolution™ President Stephen Buonpane at the recent WSIA conference in San Diego to discuss the state of excess and surplus (E&S) lines, as well as Everest’s strategy for meeting the moment and delivering the risk management solutions partners demand.
Calling the current E&S market “as dynamic as it’s ever been,” Stephen predicts another year of double-digit growth, with momentum carrying over into 2026.
Marking one year since Everest established Evolution™ as a dedicated business unit serving wholesale clients exclusively, he notes the business has experienced considerable growth and traction in that time and is now trading wholesale exclusivity across seven different P&Ls.
“We’ve brought in or promoted new leadership in the E&S space, and just a fantastic team,” Stephen says, noting “we’ve got our largest team ever here at WSIA with over 50 people joining us.”
Speaking to the brand’s favorable reception in the market, Stephen notes continued investment in industry specialties, including the announcement of new exclusivity to the wholesale channel in Everest’s energy and environmental products, where he anticipates sustained traction.
“As we look at how the E&S market has evolved over the past few years, you’re starting to see business that traditionally has gone in the more standard admitted markets now make its way into the E&S channel,” Stephen adds, noting an example in the lower middle market space, where an increasingly complex business environment has driven demand for creative solutions.
“We can provide those creative solutions here in the E&S market—and thus at Evolution™.”
This video originally appeared on Insurance Insider US and has been reproduced here with their permission.