Jill Beggs and Jiten Voralia have been promoted to key leadership positions in the Reinsurance division of Bermudian-based Everest Group Ltd.

Ms Beggs becomes Reinsurance EVP and chief operating officer of the division. Mr Voralia takes on the role of head of North America Treaty Reinsurance, where he will lead the division’s treaty reinsurance business across the United States, Bermuda and Canada, reporting to Ms Beggs.

In her new role, Everest said, Ms Beggs would manage the profitable growth of the division’s worldwide portfolio, including Global Treaty, Facultative and Specialty reinsurance businesses as well as Mt Logan Re.

She will continue to report to Jim Williamson, Everest Group COO and head of Reinsurance, who said: “Jill is a consummate leader whose deep experience and collaborative approach have consistently raised the bar for both the reinsurance market and Everest’s business.

“Along with our outstanding leadership team, I look forward to working with Jill in her expanded role as we further strengthen our preferred lead market position and continue to deliver on our strategic objectives.”

The company said Mr Voralia would continue leading the division’s North America Treaty Casualty business until a successor was named.

“Jill and Jiten embody the collaborative, high-performing culture that distinguishes Everest in the market and makes us home to the industry’s best talent,” said Juan C Andrade, Everest president and chief executive.

“Their well-deserved promotions are a testament to the strength of Everest’s leadership team and success of our reinsurance business, which continues to deliver vital protection and exceptional value to our stakeholders.”

Since rejoining Everest in 2021, where she spent the first decade of her underwriting career, Ms Beggs most recently served as head of North America Treaty and Global Specialty Reinsurance, where she drove the portfolio’s profitable expansion and key global growth initiatives, the company said.

Ms Beggs joined Everest from Munich Re, where she spent more than two decades leading US treaty and facultative programmes across multiple lines of business, while spearheading various firm-wide innovation initiatives.

Everest said she was the recipient of numerous industry honours and awards; most recently she was named on the Business Insurance 2023 “Women to Watch” list.

The company said Mr Voralia had joined Everest in 2022 as Reinsurance Head of Treaty Casualty & Surety, bringing more than two decades of diverse reinsurance experience to his role.