Everest Re has announced changes to its leadership team with the appointments of Mark Kociancic as executive vice president (EVP) and group chief financial officer (CFO) and
Both Kociancic and Williamson will serve on the Everest Executive Leadership Committee and report to Juan C. Andrade, president and CEO.
Everest Re state these leadership appointments support the company’s strategy of profitably growing a balanced and diversified (re)insurance portfolio, underpinned by the relentless execution of our strategies, to maximize shareholder returns and deliver earnings and book value per share growth over time.
Kociancic joins the business from SCOR, where he served as group chief financial officer since 2013. Prior to that, he served in several senior executive positions with SCOR’s U.S. operations starting in 2006, prior to being named group deputy chief financial officer in 2012 and then CFO.
He succeeds Craig Howie, who will stay with the company through December 31, 2020, to ensure a smooth transition. Kociancic’s appointment at Everest Re is effective October 12th, 2020.
Williamson will be primarily responsible for advancing underwriting excellence, digital transformation, innovation, and efficiency across the Group. His appointment is effective 5 October 2020.
Williamson joins Everest Re from Chubb, where he most recently served as division president, small business. Prior to that, he served in a number of senior executive roles with Chubb’s North America and International business, as well as at The Hartford. His expertise includes underwriting, operations, distribution, and the application of technology across these disciplines.
Andrade commented: “Mark and Jim are exceptionally talented executives who bring a wealth of experience, operational acumen, and global industry knowledge to Everest. Mark is a seasoned CFO with deep global expertise across the entire finance function and with strong capital markets and investments experience. Jim is a strategic leader with extensive Property & Casualty industry experience and an excellent track record of building, growing, and running profitable businesses. I am very excited to partner with them, and the rest of our executive management team, to build upon our strong foundation and deliver our strategic objectives in the next chapter of Everest’s journey.”
Adding: “On behalf of the executive management team, I want to thank Craig Howie for his dedication to this organization over the past eight years. He has been an instrumental leader and an important contributor to Everest’s evolution, and we wish him the best in his next endeavour.”
Kociancic said: “I am delighted to be joining Everest and I am excited about its bright future. I look forward to working with Juan, the executive leadership team, and the finance organization to further enhance our capabilities and build upon Everest’s strong franchise.”
Williamson shared: “I am excited to join the high performing team at Everest. This team has built best in class capabilities in reinsurance and insurance, and the Company has incredible potential to continue its track record of profitable growth. I look forward to working with Juan and the rest of the team to lead Everest to greater heights.”