Everest Re Group has announced the promotion of Don Mango to Everest Group Chief Risk Officer and Chief Actuary effective March 30th.
Mango will report to Everest Re Group President and CEO Juan C. Andrade. He will be responsible for the development and implementation of Everest’s risk management strategy, enterprise risk management framework, and related processes across the Group. His appointment elevates the enterprise risk management (ERM) function to the Executive Management Committee.
Tom Passante, who has served as Everest’s Chief Risk Officer since 2014, will remain a key senior leader in the Global ERM function.
Mr. Mango joined Everest Insurance in September 2018 as the Global Head of Actuarial Pricing and Modeling. Prior to joining Everest, Don spent more than thirty years as an actuary and thought leader in insurance, reinsurance, Enterprise Risk Management, innovation and insurtech at companies including Guy Carpenter, GE Insurance Solutions and Munich Re. Don is an Adjunct Lecturer in Actuarial Science at the Columbia University School of Professional Studies. Previously, Don served two terms on the Casualty Actuarial Society (CAS) Board and four years as CAS Vice President of Research and Development.
Mr. Andrade commented, “Superior enterprise risk management capabilities are a competitive advantage and the backbone of a successful reinsurance and insurance organisation. Don is a thought leader in our industry, and he brings a wealth of deep risk management and actuarial expertise to this position.”
Succeeding Mr. Mango as Global Head of Actuarial Pricing and Modeling for the Insurance Division will be Cameron Vogt.
Commenting on Mr. Vogt’s promotion, Mike Mulray, Chief Underwriting Officer of Everest Insurance stated “While working closely with Don over the last two years, Cameron has been instrumental in the transformation of Everest’s actuarial pricing and cat modeling capabilities into a world class, modern era actuarial department. Cameron is a strong leader who truly exemplifies the Everest culture and will no doubt continue to be a critical enabler of our success into the future.”