Press Releases

Everest Reinsurance Division Establishes Unified Global Specialties Business to Meet Increasing Market Demand


U.S. HEADQUARTERS
100 Everest Way
Warren NJ 07059, US

CONTACT
Dawn Lauer
Senior Vice President, Chief Communications Officer
(908) 300-7670

Phil Taylor Appointed Head of Global Specialties, Everest Reinsurance to lead Company’s aviation, marine, cyber, engineering and parametric offerings

WARREN, New Jersey – January 9, 2024 – Everest Reinsurance, the reinsurance division of Everest Group, Ltd. (NYSE: EG), has established a dedicated Global Specialties business, bringing its deep expertise and offerings across Aviation, Marine, Cyber, Engineering, and Parametric Solutions under the leadership of Phil Taylor, who has been appointed Head of Global Specialties. Mr. Taylor will report to Jill Beggs, Head of North America and Global Specialty Reinsurance.

“We have combined our best-in-class talent, expertise and a focused global approach to provide the market with protection to thrive in the face of rapidly emerging risks from cyber threats to climate-driven weather disasters,” said Jim Williamson, Group Chief Operating Officer and Head of Reinsurance. “Everest’s Global Specialties Business is an investment in the needs of the specialty market that deepens our capabilities and further diversifies our global portfolio.”

Mr. Taylor is a seasoned industry leader with more than 25 years’ experience across specialty business lines. Prior to his position as Global Head of Aerospace for Everest Reinsurance, he managed sizable Aviation portfolios, most recently at Liberty Specialty Markets. Mr. Taylor also served in various roles including Deputy Unit Head at AXIS Re and spent more than a decade at Aon most recently as a Specialty Lines Broker.

“Since joining Everest, Phil has transformed our aviation portfolio into the market-leading practice it is today. I’m confident his strong leadership skills and global specialty expertise will elevate our position across all specialty lines,” said Jill Beggs. “Phil is the definition of a high performing leader and I look forward to working with him and the team as we continue evolving our business to align with clients’ and brokers’ needs and deliver the exceptional service and value they deserve.”

About Everest

Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide.

Everest common stock (NYSE: EG) is a component of the S&P 500 index.

Additional information about Everest, our people, and our products can be found on our website at www.everestglobal.com.