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Everest Appoints Giacomo Mariani as Head of Insurance Business in Italy
Reinsurer Everest has announced the appointment of Giacomo Mariani as the head of its insurance business in Italy. Mariani, who brings extensive expertise in the Italian market, will report to José Ramón Morales, head of Everest’s southern Europe operations, in this new role.
Mariani has held several senior leadership and broker management positions at global insurance organizations. Most recently, he served as Aon’s deputy head of strategic teams, leading broking for prominent Italian corporate and public entity clients. Additionally, he was a board member for Global Safe Insurance Broker and previously held the role of head of large brokers and direct clients at Zurich, where he managed the company’s global broker relationships.
José Ramón Morales commented on the appointment, stating, “Giacomo’s proven leadership, strong relationships, and deep understanding of the Italian market will be instrumental in 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.”
This appointment follows Everest’s entry into the Italian insurance sector in November 2024, which was marked by the opening of its Milan office. Véronique Brionne, head of Europe at Everest Insurance International, noted, “The Italy insurance business is the latest milestone in Everest’s ongoing European expansion.”
Financial Performance Highlights
In the fourth quarter of 2024, Everest Group reported a net loss of $593 million, compared to a net income of $804 million in the same period the previous year. For the full year of 2024, the company posted a net income of $1.4 billion, down from $2.5 billion in 2023.
Earlier this year, Everest Group named Jim Williamson as its new president and CEO.
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