Everest Insurance, the insurance division of Everest Group, Ltd., has appointed Patrick Hagerty as Senior Vice President and Head of US Retail Property.
Based in New York, Hagerty will report to Mike Mulray, President, Everest Insurance North America.
In his new role, Hagerty will have responsibility for all aspects of Everest’s Retail, Middle Market and Builder’s Risk businesses.
Hagerty joined Everest’s Corporate Underwriting team in 2021 and most recently served as Everest Insurance’s Chief Underwriting Officer for US Property.
Prior to joining Everest, Hagerty worked at AIG for nearly two decades, where he served as Deputy CUO for Retail Property and was also a member of the Retail Property Leadership Team.
Commenting on Hagerty’s appointment, Mulray said: “Everest continues to invest in best-in-class underwriting talent and services to meet the evolving needs of the US property market.
“Patrick has been instrumental in leading our team and developing 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 strong portfolio performance for the long term.
In September, Everest Insurance unveiled a new offer – Everest Business Travel Accident Insurance.
The offering enriches the company’s Accident and Health portfolio, providing a comprehensive solution that combines insurance protection with an array of essential travel assistance, medical, and security services.