Reinsurer Everest has named Giacomo Mariani as the head of its insurance business in Italy.
Mariani, who has Italian market expertise, will report to Everest southern Europe head José Ramón Morales in the new role.
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He has held several senior leadership and broker management positions at global insurance entities.
He latterly worked as Aon’s deputy head of strategic teams, heading broking for prominent Italian corporate and public entity clients.
Additionally, Mariani was a board member for Global Safe Insurance Broker and head of large brokers and direct clients at Zurich, responsible for managing the company’s global broker relationships.
Morales said: “Giacomo’s proven leadership, strong relationships and deep understanding of the Italian market will be instrumental to enhancing our insurance operations in Italy. Italy’s rapidly evolving market presents significant demand for innovative insurance solutions. With Giacomo at the helm, we are well-positioned to seize this opportunity and deliver the high-quality service the market deserves.”
Mariani’s appointment at Everest follows the company’s entry into the Italian insurance space in November 2024.
Everest Insurance International head of Europe Véronique Brionne said: “The Italy insurance business is the latest milestone in Everest’s ongoing European expansion.”
In the fourth quarter of 2024, Everest Group posted a net loss of $593m, compared with a net income of $804m in the same period of the previous year.
For the full year of 2024, it reported net income of $1.4bn, down from $2.5bn in 2023.
In January this year, the company named Jim Williamson as its new president and CEO.
