Everest Insurance taps new US retail property head

Everest Insurance taps new US retail property head | Insurance Business America

Insurance News

Everest Insurance taps new US retail property head

Exec brings “deep technical property experience and strong leadership skills” to the role

Insurance News

By
Ryan Smith

Everest Insurance has announced the appointment of Patrick Hagerty (pictured above) as senior vice president and head of US retail property.

Hagerty will be based in New York and will report to Mike Mulray, president of Everest Insurance North America.

Hagerty joined Everest’s corporate underwriting team in 2021. He most recently served as the company’s chief underwriting officer for US property. In his new role, Hagerty will be responsible for Everest’s retail, middle market and builders’ risk businesses.

Prior to joining Everest, Hagerty spent nearly 20 years at AIG, where he served as deputy chief underwriting officer for retail property and was a member of the retail property leadership team.

“Everest continues to invest in best-in-class underwriting talent and service to meet the evolving needs of the US property market,” Mulray said. “Patrick has been instrumental in leading our team and growing our capabilities in this priority business, and we are fortunate to have him at the helm. With his deep technical property experience and strong leadership skills, I am confident that Patrick will continue to elevate our offering and drive the portfolio’s strong performance for the long term.”

Have something to say about this story? Let us know in the comments below.