Everest - About the company
Everest is an acquired company based in New York City (United States), founded in 1973. It operates as a Reinsurance and insurance company. The company has 7638 active competitors, including 26 funded and 373 that have exited. Its top competitors include companies like HUB International, Progressive Insurance and MetLife.
Company Details
Everest Re Group is a reinsurance and insurance company. Their products and services include property, casualty, financial lines, specialty, accident & health, and programs. The company has operations worldwide. In 2022, the company recorded annual revenues of $12.45B and a net profit of $0.65B.
- Website
- everestre.com
- Phone Number
- +1 **********
- Registered Address
- SEON PLACE, 4TH FLOOR,HAMILTON,HM 19
Key Metrics
Founded Year
1973
Location
New York City, United States
Stage
Acquired
Ranked
115th among 7638 active competitors
Annual Revenue
$1.52B as on Dec 31, 2024
Employee Count
1,276 as on Dec 31, 2017
Similar Companies
Exit Details
Acquired by Pacer Advisors (Jun 26, 2022)
Legal entities associated with Everest
Everest is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Everest Re Group Ltd CIN: 1095073 , United States, Active | $1.52B (As on Dec 31, 2024) | - | - | |
EVEREST GROUP, LTD CIN: 980365432 , United States, Active | $17.5B (As on Dec 31, 2025) | - | - |
Everest's acquisition details
Everest got acquired by Pacer Advisors on Jun 26, 2022.
Click here to take a look at Everest's acquisition in detail
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Everest's funding and investors
Everest has not raised any funding rounds yet.
Everest's founders and board of directors
Founder? Claim ProfileEverest's employee count trend
Everest has 1,276 employees as of Dec 17. Here is Everest's employee count trend over the years:
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Everest's Competitors and alternates
Top competitors of Everest include HUB International, Progressive Insurance and MetLife. Here is the list of Top 10 competitors of Everest, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HUB International 1998, Chicago (United States), Acquired | Provider of investment advisory, insurance distribution, and risk management services | $1.6B | 76/100 | |
2nd | Progressive Insurance 1937, Mayfield Heights (United States), Public | Internet first provider of life, health, auto, home, and business insurance services | - | 74/100 | |
3rd | MetLife 1868, New York City (United States), Public | Internet first provider of life, health, auto, home, and pet insurance services | - | 73/100 | |
4th | Prudential 1875, Newark (United States), Public | Provider of life, health, and other insurance services | - | 70/100 | |
5th | Allstate 1931, Chicago (United States), Public | Internet first provider of life, property, auto, and business insurance services | - | - | 70/100 |
6th | Guardian 1860, New York City (United States), Unfunded | Provides diversfied insurance such as life, disability, dental vision etc | - | - | 70/100 |
7th | Unum 1848, Chattanooga (United States), Public | Provider of insurance planning services | - | 69/100 | |
8th | AXIS Capital 2001, Bermuda, Public | Provider of diversified insurance services | $1.85B | 69/100 | |
9th | AIG 1919, New York City (United States), Public | Internet first provider of life, health, accident & travel insurance services | - | 68/100 | |
10th | Provider of life insurance and diversified asset management services | - | 67/100 | ||
115th | Everest 1973, New York City (United States), Acquired | Reinsurance and insurance company | - | - | 36/100 |
Looking for more details on Everest's competitors? Click here to see the top ones
Everest's Investments and acquisitions
Everest has made 2 investments in Anzen and ValueInsured and acquired Salus Systems.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 08, 2022 | Investments | 2020 | San Francisco (United States) | |
Sep 25, 2019 | Acquisition | 1993 | Victoria (Canada) | |
Oct 11, 2017 | Investments | 2009 | Dallas (United States) |
News related to Everest
•
•
Iovine joins Aspen as Vice President, Outwards Reinsurance Placement ManagerReinsurance News•May 18, 2023•Aspen, Everest
•
Everest Re Group, Ltd. Announces Public Offering of 3,000,000 Common SharesBusiness Wire•May 17, 2023•Everest, Citi, Goldman Sachs
•
Everest execs foresee rapid growth in 2023, expect strong mid-year renewalsReinsurance News•May 12, 2023•Everest
•
Everest Re sees only upsides, will lean into pending renewalsIntelligentinsurer•May 02, 2023•Everest
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Greenlight Re Announces Appointment of David E. Sigmon as General CounselGlobeNewswire•Apr 27, 2023•Greenlight Re, Everest
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Everest taps 25-year vet to helm insurance unit's largest portfolioIntelligentinsurer•Apr 18, 2023•Everest
•
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Everest Names Mike Mulray President of North America InsuranceBusiness Wire•Apr 18, 2023•Everest, General Electric, Aon
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