Everest
Everest is a public insurance company founded in 1973, specializing in marine, aviation, property, and various liability insurance products. With a global presence in over 100 countries and a team of nearly 4,000 employees, it is recognized for its disciplined underwriting and strong financial ratings.
Company Overview
Everest is a public company in the insurance industry, founded in 1973. With a team size of 3,962, it is classified as a very large enterprise. The company operates in over 100 countries across six continents, providing tailored insurance solutions for various industries, including energy, chemical, construction, and marine. Everest is listed on the New York Stock Exchange under the ticker symbol EG and is a component of the S&P 500 index.
Specialties and Services
Everest specializes in a wide range of insurance products, including property, casualty, energy, construction, marine, and accident and health. The company also offers reinsurance solutions such as treaty property, treaty casualty, facultative property, facultative casualty, structured solutions, surety and credit, and marine and aviation. Its specialties include workers' compensation, management liability, financial institutions, professional liability, environmental, energy, programs, sports, entertainment & leisure, trade credit & political risk, surety, multinational, structured solutions, and claims.
Global Presence
Everest has a significant global presence with offices located in North America, Latin America and the Caribbean, Europe, Asia Pacific, and the Middle East and Africa. Key locations include Warren, New Jersey; Hamilton, Bermuda; Atlanta, Georgia; and various cities across Europe and Asia. The company serves customers in more than 115 countries, demonstrating its extensive reach and capability to provide client-centric services.
Financial Strength and Ratings
Everest holds strong financial strength ratings, including A+ by A.M. Best, A+ by S&P, and A1 by Moody's. These ratings reflect the company's disciplined underwriting practices, capital management, and risk management strategies. With a 50-year track record, Everest is recognized for its stability and reliability in the insurance market.
Corporate Social Responsibility
Everest engages in corporate social responsibility through initiatives such as Everest Charitable Outreach and Everest Cares. The company is committed to environmental consciousness and actively participates in affiliations like the Reinsurance Association of America and the United Nations’ Principles for Responsible Investment. Everest also emphasizes diversity, equity, and inclusion through initiatives like a DEI Council and Colleague Resource Groups.