Everest taps former AIG exec to lead energy casualty

Everest Re Group Ltd., Hamilton, Bermuda, on Tuesday said it has named former American International Group Inc. executive Jeff Engelbrecht to the newly created role of vice president of energy casualty within its Everest Insurance unit.

Mr. Englebrecht will work on national account relationships and contribute energy underwriting expertise to the Everest Energy team, Everest Re said in the statement. He will be based in the company’s U.S. headquarters in Liberty Corner, New Jersey.

Mr. Englebrecht joins Everest “after a brief separation from AIG,” an Everest Re spokesman said. He was most recently executive vice president, excess casualty, energy and construction leader at the insurer, according to the statement.

“Jeff is an industry veteran with a proven track record of developing and motivating national teams to achieve goals, improve results, solidify broker relationships, while delivering high levels of customer satisfaction,” Tom Morelli, head of energy at Everest Insurance, said in the statement.