Insurance

Everen Group Announces New President and CEO

Everen Group Announces New President and CEO

Reinsurance

Written by Jonalyn Cueto



Everen Group, an alliance of energy insurers, has announced the appointment of Robert Foske as its new chairman and chief executive. According to a report from The Royal Gazette, Foske succeeds Bertil Olsson, who served as CEO for nine years.

“I am honored and pleased to assume the role of Group CEO,” said Foskey. “It has been a pleasure to be part of the Everen Group and to lead Everen Limited as Chief Operating Officer. I would like to thank the Board of Directors for their confidence in me as I take on this role.”

Foskey, who has been with Everin Group for 17 years, has a proven track record of success within the organization. According to the company’s statement, Foskey served as the group’s chief actuary for 15 years before becoming the chief operating officer of Everin Limited. During his tenure, Foskey oversaw major operational improvements and drove significant growth.

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“I look forward to working with our talented leadership team and employees as we continue to innovate, deliver consistent value to our shareholders and customers, and strengthen the Group’s position as leaders in the global insurance industry,” said Foskey. “I am committed to delivering on our mission and values ​​and enhancing our culture through teamwork, collaboration and transparency.”

long term leader

The Everen Group praised Foskey’s extensive experience and leadership skills. “Mr. Foskey has demonstrated exceptional leadership and strategic vision. (He has) a deep understanding of the group’s mission and values, making him the ideal choice for the position of CEO,” the group said in a statement.

John Wisner, Chairman of Everin Limited, expressed his confidence in Foskey’s leadership. “We are very pleased to have appointed Rob as Group CEO,” he said. “His contributions as CEO and COO have been invaluable, and the Board is confident that he will continue to drive Everin Group forward with the same dedication and inspiration.”

John Talarico, Chairman of Everin Specialty LLC, expressed the same sentiment. “The Board unanimously agrees that Rob is the ideal leader for Everin Group. His deep knowledge of our operations and commitment to our organization will ensure a smooth transition and continued success,” he said.

The Everen Group consists of two complementary companies: Everen and Everen Specialty. Everen, the world’s largest mutual energy insurer, has been in operation for more than 50 years, fully backed by its own balance sheet with no third-party capital, and provides up to $450 million per event. Everen Specialty provides property and casualty insurance and reinsurance to both members and non-members. Its subsidiary, OSL Specialty LLC, writes U.S. surplus lines business through OSL Insurance Services, a managing general agent based in Houston, Texas.

Do you have anything to say about this new appointment? Let us know in the comments below.

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