By Michael Loney

March 6 - (The Insurer) - Bermudian (re)insurer Everest Group has appointed John Howard as an independent, non-executive member of its board of directors.

Howard has more than three decades of diversified insurance and senior executive leadership experience.

Most recently he was CEO of Truist Insurance Holdings $(TIH.AU)$, serving in various leadership positions over the course of 20 years with the company and its affiliates.

He recently led the $16 billion leveraged buyout of TIH from Truist Financial Corporation.

At the start of this year, Howard stepped down as CEO and assumed the role of vice chair of TIH. He continues to serve on TIH’s board of managers.

Howard served in executive leadership positions at companies including Prudential Financial, GE and Conseco.

Everest president and CEO Jim Williamson highlighted that Howard “is highly regarded in the industry with a stellar career successfully building and transforming businesses, teams and insurance portfolios to deliver exceptional growth and value”.

Earlier this week, the TIH brand was replaced by CRC Group as the company’s corporate brand, under a transition that saw CRC announce a new structure under two divisions: Specialty + Benefits and Underwriting.

That move followed the spinoff of the broader TIH business from Truist Financial Corp and subsequent sale of former retail broking stablemate McGriff to Marsh last year.