Everest

Everest

About Everest

Simplify's Rating
Why Everest is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consulting

Education

Consumer Goods

Company Size

501-1,000

Company Stage

IPO

Headquarters

null

Founded

1973

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • Everest's New York office expansion indicates potential business growth and workforce increase.
  • Successful $1.5 billion capital raise shows strong investor confidence and financial flexibility.
  • David Harris's appointment strengthens Everest's financial management and actuarial capabilities.

What critics are saying

  • New York insurance market competition may impact Everest's profitability during expansion.
  • Leadership changes could disrupt client relationships if strategic shifts aren't managed carefully.
  • Shareholder pressure from capital raise may influence Everest's risk-taking behaviors.

What makes Everest unique

  • Everest has a 50-year track record in disciplined underwriting and risk management.
  • Jim Williamson's leadership enhances Everest's global underwriting expertise and strategic focus.
  • Everest's leadership promotions emphasize operational efficiency and growth in reinsurance markets.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Flexible Work Hours

Tuition Reimbursement

Professional Development Budget

401(k) Retirement Plan

Company News

Intelligence360
May 8th, 2024
Everest Has Leased 66,444 Sq Ft Of Office Space In New York City.

Everest has leased 66,444 Sq Ft of office space in New York City. Everest has leased 66,444 Sq Ft of office space in New York City.New York, New York — According to state and local development sources, Everest plans to expand into 66,444 square feet of new space in New York. The company plans to occupy the new space at 1155 6th Ave in New York, on or about December 1, 2024. According to the company website 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

Business Wire
Mar 25th, 2024
Everest Expands Jim Williamson’S Role To Lead Company’S Global Underwriting Businesses

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced that Jim Williamson has been promoted to lead Everest’s reinsurance and insurance businesses. “Jim is an excellent executive, a multi-faceted operator, and consummate underwriter with a record of building best in class businesses,” said Juan C. Andrade, Everest President CEO. “Jim has been a valuable partner in driving Everest’s transformation to the world class company we are today. As we continue to expand, diversify and scale Everest’s global platform, Jim’s diverse Property Casualty experience spanning multiple lines of business, functions, and geographies is ideal to lead our global portfolio in Everest’s next chapter.”

Business Wire
Feb 22nd, 2024
Everest Announces Leadership Promotions In Reinsurance Division

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions has announced the promotion of two key leaders in the Reinsurance Division, both effective immediately. Jill Beggs has been promoted to Reinsurance EVP and Chief Operating Officer of the Division. In this role, Ms. Beggs will manage the profitable growth of the division’s worldwide portfolio, including Global Treaty, Facultative, and Specialty reinsurance businesses as well as Mt. Logan

The Royal Gazette
May 22nd, 2023
Everest Re raises nearly $1.5bn in fresh capital

Everest Re Group Ltd, the Bermudian-based re/insurer, has raised nearly $1.5 billion in a fully subscribed public offering of common shares of the company. The capital raise, which concluded on Friday...

FF News
May 25th, 2022
Everest Welcomes David Harris As Chief Reserving Actuary

Everest Re Group announced that David Harris has joined the Company as Senior Vice President, Chief Reserving Actuary, reporting

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