Juan C. Andrade, the President and Chief Executive Officer (CEO) of Bermuda-based reinsurer Everest Re Group, Ltd., has actually been selected to serve on the board of USAA’s Risk and Compliance and Member and Technology committees.
Andrade brings over 25 years of insurance and reinsurance market experience to the company, having actually served in executive management functions in underwriting, item advancement and development, claims, sales and circulation, and technique advancement.
Prior to signing up with re/insurer Everest Re, Andrade acted as Executive Vice President of Chubb Group and the President of Chubb Overseas General. Throughout his time with Chubb, he was accountable for the company’s basic insurance service in over 50 nations beyond North America.
Prior to ACE’s acquisition of Chubb in January 2016, he worked as EVP of ACE and the President of Global Personal and Business Insurance and the Chief Operating Officer for ACE Overseas General. Formerly, he has actually held functions with The Hartford and Progressive, having actually begun his profession in the market with AIG.
Prior to his insurance profession, Andrade operated in nationwide security and worldwide affairs within the U.S. Federal Government’s executive branch, consisting of the Drug Enforcement Administration, the Office of the Secretary of Defense, and the Executive Office of The President.
“Juan’s deep market know-how will assist hone how we serve military households and continue to contend in an advanced market,” stated USAA President and CEO, Wayne Peacock.
Andrade included: “I am honored to be signing up with the USAA household and to have a chance to serve our military neighborhood. USAA is an impressive company and I eagerly anticipate dealing with my fellow Directors and the executive management group in continuing to develop worth and establish monetary options for our members and their households.”
While USAA Board Chairman Adm. Thomas Fargo, USN (Ret.), stated: “Juan brings a special mix of insurance and governmental affairs experience. His varied views and insights, together with his know-how in handling threat, will assist to make sure USAA continues to innovate to satisfy the requirements of our members today and in the future.”
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