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Home Business

Everest makes key promotion and appoints chairman

Nicholas by Nicholas
April 28, 2022
in Business
0


Everest Re Group’s reinsurance division, Everest Reinsurance, has promoted Scott Paddington to chief agent and chief underwriting officer of Everest Reinsurance Canada. It additionally appointed Russ Lewis to chairman of Everest Reinsurance Canada.

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Each now report back to Jill Beggs, head of North America reinsurance.

Paddington will oversee Everest’s reinsurance enterprise operations in Canada. Lewis will characterize Everest out there, serve dealer companions and proceed offering strategic counsel to Everest’s reinsurance enterprise in Canada and globally.

“Everest’s management within the international reinsurance market may be credited to its distinctive crew of expertise. Scott’s various banking, dealer and monetary advising background, coupled together with his tenure at Everest uniquely positions him to drive the Everest reinsurance enterprise ahead,” mentioned Beggs. “We’re additionally trying ahead to working intently with Russ on this new strategic position. Russ has been an integral a part of our Canada operation growth.”

Since becoming a member of Everest in 2010, Paddington’s led progress and profitability initiatives for Everest’s portfolio. Beforehand, he was a monetary advisor at Nesbitt Burns, in insurance coverage at Empyrean and in reinsurance at Man Carpenter Canada. He’s additionally labored at varied Canadian banks, the place he developed experience in each capital markets and international threat administration.

Lewis has been with Everest for 30 years and led a crew that grew the Canadian operation. He beforehand labored at Prudential and Basic Reinsurance.

Everest Re Group gives reinsurance and insurance coverage by means of subsidiaries within the U.S., Europe, Singapore, Canada, Bermuda and different territories. It affords P&C and specialty merchandise by means of working associates in key markets globally.

 

Characteristic picture by iStock.com/gorodenkoff



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