Everest Re Group has appointed Srini Maddineni (pictured above) as group chief info officer, efficient January 16.
At the moment Everest’s SVP and world CIO for insurance coverage and reinsurance techniques, Maddineni has thirty years of expertise within the monetary providers and insurance coverage sectors. Previous to becoming a member of Everest, he was CIO, business, North America at Chubb, the place he led expertise for business insurance coverage and oversaw a workforce of over 650 professionals throughout the globe. He additionally held expertise, purposes, and shopper expertise roles at S&P World, Financial institution of New York Mellon, and State Avenue Company.
This appointment will see Maddineni succeed Terry Walker, who is ready to retire by the tip of the primary quarter of 2023.
As group CIO, Maddineni will likely be reporting to Jim Williamson, Everest group chief working officer.
“Srini is an achieved govt with important expertise delivering transformative expertise capabilities on a world scale,” mentioned Williamson. “He has made a significant influence as world CIO of reinsurance and insurance coverage, having led all features of techniques improvement throughout our world companies. I sit up for collaborating with Srini and his gifted workforce to drive our expertise technique ahead.”
Everest additionally introduced the promotion of two IT executives to deputy CIO roles who will each report back to Maddineni:
- Hemal Patel, deputy CIO – company purposes & providers, will head Everest’s company techniques, shared providers and portfolio administration
- Arron Lamp, deputy CIO – structure, information, and analytics will head IT innovation and digital transformation
“In the present day’s more and more advanced threat setting calls for cutting-edge expertise to assist our shoppers navigate their most urgent challenges,” mentioned Juan C. Andrade, Everest president and CEO. “Terry has constructed an distinctive expertise perform and we’re grateful for his excellent contributions over the previous a number of years. I’m assured that Srini, alongside along with his best-in-class workforce, is completely suited to advance our world IT capabilities and imaginative and prescient for the longer term.”
