Juan C. Andrade has been named chief operating officer of Everest Re Group, Ltd., effective September 1, 2019.
The company said in a statement that, effective January 1, 2020, Mr. Andrade will succeed Dominic J. Addesso as president and chief executive officer.
Mr. Andrade has more than 25 years of experience in the insurance industry. He has served in executive leadership roles in underwriting, product development and innovation, claims, sales and distribution, strategy development, and general management.
He joined Everest from Chubb, where he most recently held the position of executive vice president of the Chubb Group and president of overseas general insurance. At Chubb, Mr. Andrade was responsible for Chubb’s general insurance business in over 50 countries outside of North America, including commercial property and casualty, traditional and specialty personal lines, and accident and health insurance.
Prior to ACE’s acquisition of Chubb in January 2016, he was an executive vice president of ACE and the chief operating officer for ACE Overseas General, with responsibilities in both the United States and internationally.
Before commencing his insurance career, Mr. Andrade worked in national security and international affairs within the U.S. federal government’s executive branch and the executive office of the president.
Joe Taranto, Everest Re’s chair, stated that the board “is incredibly excited to have an executive with Juan’s strength, skillset, and experience to chart our plan for success into the future. We also want to thank Dom for his leadership in strategically diversifying and growing Everest. He has positioned us exceedingly well for continued success.”
Mr. Addesso, stated, “I very much look forward to working with Juan for the remainder of 2019 and supporting his leadership in 2020 and beyond. I also wish to thank the board for their support over the years and my Everest colleagues for their many achievements in our evolution.”
Learn more: www.everestre.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].