Everest Insurance establishes Private Equity practice
Everest Insurance, the insurance division of Everest Global Inc , has established a dedicated Private Equity practice, which will expand the Company’s offerings across P&C lines to serve the needs of private equity sponsors and their portfolio companies in North America. Dan Reinert has been appointed Private Equity Vertical Leader, reporting to Rob Clark, Head of Everest Specialty Underwriters.
“Building on Everest’s strong private equity foundation, we are scaling our offering with a holistic approach, specialized products, and exceptional service to meet customers’ needs. Everest’s expanded offering aligns to our trading partners’ preferred way of doing business – with dedicated expertise through a single point of contact focused on providing the best possible experience.” – Mike Mulray, President of Everest Insurance North America.
Mr. Reinert brings extensive industry and private equity experience to lead the Company’s dedicated offering, which now includes property and casualty product capabilities in addition to existing financial lines and transactional liability offerings. Most recently, Mr. Reinert oversaw Private Equity within Everest Specialty Underwriters, where he scaled Everest’s core product offering, General Partnership Liability. Prior to Everest, Mr. Reinert served in various underwriting and leadership roles at leading global insurance carriers where he focused exclusively on financial lines and fund liability. He holds a Bachelor of Business Administration degree in Risk Management and Insurance from Temple University.
The Company also announced the appointment of Matt Murray to Head of Private Equity Distribution, where he will oversee the vertical’s sales and distribution efforts. Mr. Murray will serve as the single point of contact for clients and brokers, providing them access to the complete suite of customizable private equity offerings while enabling increased speed to market. Mr. Murray joined Everest in 2016 as Northeast Region Distribution Leader for North America, where he established deep relationships with key trading partners. With nearly 25 years of experience with a large global broker, he was most recently a Risk Management Client Executive responsible for a diverse book of business across the industry. He holds a Bachelor of Arts in International Relations and Political Science from the University of Denver.
“Dan and Matt are exceptionally strong leaders who have a deep understanding of the private equity sector and how to best service the insurance needs of sponsors and portfolio companies. I look forward to working closely with both Dan and Matt as we scale our private equity offering and deliver even greater speed, service, and value to our customers.” – Rob Clark.