The reinsurance division of Everest Re Group has promoted Harald Jacobsen and Mark Wallace to key leadership roles.
Reporting to UK branch head and chief underwriting officer Paul Tester, Wallace will serve as deputy CUO and vice president, head of longtail. The former senior casualty underwriter is in charge of further diversifying the division’s casualty and motor portfolios.
Meanwhile Jacobsen, who was head of Western Europe & property, will oversee the reinsurance business across Continental Europe in his new role as senior vice president, Continental Europe head. Additionally, pending regulatory approval, he will become the Zürich branch manager of Everest Reinsurance Company Ireland DAC.
“Harald and Mark have been instrumental in expanding our portfolio, capabilities, and offerings in the UK and Continental Europe,” noted Everest Group chief operating officer and head of reinsurance Jim Williamson.
“Both are seasoned leaders with deep local market expertise and relationships who will continue to bring the highest standards of service and support our partners’ unique and evolving needs in today’s global market.”
Artur Klinger, who is international reinsurance head, added that the promotions build on the group’s global leadership position.
“Their appointments reflect our investment in the ongoing growth of our extraordinary talent, and I look forward to continuing to work closely with both of them as we advance our global strategy,” commented Klinger, to whom Jacobsen reports.
