Everen Specialty Limited has announced that Jerry Rivers (pictured above), senior vice president and chief operating officer, will retire on March 31, 2025.
Robert Foskey, president and chief executive officer, noted Rivers’ role in leading the company through various strategic initiatives since joining the organization in 2005.
Foskey highlighted Rivers’ contributions during his tenure, which spanned market fluctuations, and acknowledged his leadership in positioning the company for continued growth.
Foskey also announced that Jane Peterson will join Everen Specialty in the coming months as an external consultant and chief underwriting officer. "I look forward to collaborating with Jane and the leadership team on our future plans," Foskey said.
John Talarico, chair of Everen Specialty, expressed appreciation for Rivers’ nearly two decades of service.
“On behalf of the board of directors, the management team, and all of Everen Specialty’s employees, I want to thank Jerry for his dedicated service over the past 19 years," Talarico said.
Rivers expressed his appreciation to the board, stating, "It has been a pleasure to work with an amazing team at Everen Specialty as well as valued clients and industry partners over the past 19 years."
Everen Specialty, a commercial re/insurer, offers property and casualty insurance and reinsurance for both members and non-members. The company also operates a subsidiary, OCIL Specialty Ltd, which writes US surplus lines business through OSL Insurance Services, a managing general agent based in Houston, Texas.
Earlier this year, the company announced the exit of Bertil Olsson, who was succeeded by Foskey. Olsson is also set to retire in March 2025.
“While my retirement is still a year away, I would like to express what an honor and privilege it has been to lead this amazing organization over the past 8.5 years,” said Olsson at the time. “It has truly been the highlight of my career. I am looking forward to the continued work over the coming year with our very talented team and board of directors and to transition the business to the next leader upon completion of the succession recruitment process.”
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