Everest Insurance® Announces New Brand Focused Exclusively on U.S. Wholesale Customers

Introduces Everest Evolution™ branding ahead of the WSIA Annual Marketplace in San Diego

WARREN, New Jersey - September 16, 2024 - Everest Insurance®, the insurance division of Everest Group, Ltd. (NYSE: EG), today introduced Everest Evolution™, its new brand for the Company's fast growing U.S. Wholesale business.

The establishment of Everest Evolution™ was driven by clear demand for access to Everest's offerings in the rapidly growing U.S. excess and surplus (E&S) lines market, which accounts for approximately 10% of the country's total direct insurance premium.

The brand launch builds on the Company's progress advancing its wholesale strategy, following the recent appointments of Stephen Buonpane, President, and Danielle Stewart, Chief Operating Officer of Everest Evolution™.

Commenting on the launch, Mr. Buonpane stated, "We built Everest Evolution™ from the ground up with branding that reflects Everest's twenty-year track record and deep commitment to serving the wholesale market. We believe that the new brand perfectly captures Everest's reputation as a nimble and trusted partner, constantly adapting to and evolving alongside our clients' needs in the rapidly shifting risk environment."

Alongside a new name, visual identity, and website at www.everestevolution.com, Everest Evolution™ will be formally introduced to the market at the upcoming Wholesale & Specialty Insurance Association's Annual Marketplace later this month.

"As the brand signifies, our wholesale customers and brokers deserve a partner like Everest that will never stand still," said Bill Hazelton, Executive Vice President of Everest Insurance® and President of North America Insurance. "We are deeply invested in growing with the dynamic wholesale market, and providing exclusive, 'one-stop-shop' access for all of our Excess & Surplus insurance products and services."

About Everest Evolution™

Everest Evolution™ provides specialized excess and surplus lines products through its U.S. based Everest affiliated insurers. The Everest Evolution™ products and services will be exclusive to the wholesale channel. To learn more visit www.everestevolution.com.

About Everest

Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers' most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide.

Everest common stock (NYSE: EG) is a component of the S&P 500 index.

Additional information about Everest, our people, and our products can be found on our website at www.everestglobal.com.