Sunday, July 3, 2022
HomeArtemis NewsEverest Reinsurance hires AXA XL’s Hoffman as Head of Claims and COO

Everest Reinsurance hires AXA XL’s Hoffman as Head of Claims and COO

Everest Re, the worldwide specialty insurance coverage and reinsurance group, has introduced the hiring of Brent Hoffman, previously of AXA XL, as Senior Vice President, Head of Claims and Chief Operations Officer for its Reinsurance division.

Hoffman will be part of Everest Reinsurance on the finish of July and is ready to report on to Jim Williamson, Everest Group Chief Working Officer and Head of Reinsurance.

He joins Everest Re with a protracted track-record for managing claims groups in reinsurance and the advanced threat insurance coverage sector.

Most just lately, Hoffman labored as Chief Claims Officer at AXA XL, the industrial insurance coverage and reinsurance arm of the AXA Group, the place he led its world claims technique and operations to assist claims excellence, targeted on a number of enterprise strains and geographies.

Earlier than his time at AXA XL, Hoffman labored in a spread of management positions at The Hartford Monetary Providers Group, Inc., the place managed groups with accountability for claims, litigation, and settlement methods.

At Everest Reinsurance, Hoffman will tackle accountability for overseeing areas of the companies operation and main the worldwide Reinsurance Claims operate.

He will probably be anticipated to drive operational efficiencies and greatest practices constantly throughout the reinsurance organisation.

“We’re delighted to welcome Brent to Everest. His various background is a novel mixture of authorized and enterprise acumen, which coupled along with his excellent management abilities, make him a super match for this function,” Williamson commented on his new direct report. “I stay up for partnering with him to advance our strategic targets.”

Everest just lately accomplished its newest disaster bond issuance, with a $300 million Kilimanjaro III Re 2022-1 transaction.

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