Re/insurance group Everest has appointed Allan Levine (pictured above) as an independent, non-executive member of its board of directors, expanding the company’s governance structure following recent additions Darryl Page and John Howard.
Levine currently serves as executive chairman of Global Atlantic, an insurance company and subsidiary of KKR & Co. Inc., where he is also a partner. He co-founded Global Atlantic after leading the Goldman Sachs Reinsurance Group, from which Global Atlantic was formed.
He spent 12 years as chairman and CEO of Global Atlantic, overseeing its growth strategy and the management of US$190 billion in assets across multiple markets. Prior to that, he held roles at Goldman Sachs for 16 years, including partner and co-head of firm-wide strategy.
In addition to his executive responsibilities, Levine serves on several boards, including the American Council of Life Insurers, the advisory board of the Tamer Center for Social Enterprise at Columbia Business School, and the Nantucket Boys & Girls Club. He holds a BS from Miami University in Ohio and an MBA from Columbia Business School.
John Graf, chairman of Everest’s board, said the company looks forward to applying Levine’s strategic experience and industry perspective to its ongoing business planning.
“Allan is an exceptional leader, bringing deep strategic acumen, industry knowledge and an entrepreneurial approach that have proven invaluable in guiding the growth and success of world-class financial institutions,” Graf said.
With Levine’s appointment, Everest’s board of directors now include:
Levine’s appointment also comes as Everest continues to adjust its leadership structure following recent executive changes. In January, the company named Jim Williamson as its new president and chief executive officer.
Williamson succeeded Juan C. Andrade and brought with him more than two decades of experience in the property and casualty insurance industry.
Earlier this year, Everest also reported a net income of US$210 million for the first quarter of 2025. This marked a decline from US$733 million in the prior-year period, a shift attributed in part to increased catastrophe losses.
Also this month, Everest Insurance International consolidated its specialty insurance operations into a single unit. The move was designed to streamline decision-making processes and enhance collaboration across underwriting disciplines.
What are your thoughts on this story? Please feel free to share your comments below.
