For Immediate Release
Everest Insurance Launches Cyber Protection Package for
Private Equity Firms & Portfolio Companies
New York, NY (May 2, 2017) – In conjunction with the launch of its new Elevation® Private Equity Insurance
Policy, Everest Insurance is pleased to announce they have collaborated with cybersecurity firm, Soteria, LLC
(www.soteria.io), and its elite group of former US government cyber security experts, to help Private Equity
policyholders build safer and more secure internal networks. Soteria will offer three solutions alongside the
Everest policyholder’s primary or excess General Partnership Liability policy. These solutions include a network
vulnerability scan, routine imposter domain monitoring, and an innovative phishing tool that helps mitigate
the risks associated with the most common cyber threats. This offering is also extended to Private Equity firms’
portfolio companies, and provides a unique way for Private Equity policyholders to ensure their portfolio
companies are better protected from cyberattacks.
Robert Clark, Head of the Everest Insurance Alternative Solutions Group commented, “We are excited to
work with Soteria’s talented team of experts to help our policyholders proactively address the risks of a
cyberattack. Extending this offering to our policyholders’ portfolio companies demonstrates our continued
commitment to being an innovative and best-in-class carrier for our Private Equity insureds.”
The Everest Insurance Alternative Solutions Group is a dedicated team of underwriters that provide a
coordinated approach to the insurance needs of Private Equity firms and portfolio companies. Such offerings
include reps and warranty products, management liability, professional liability, employment practices and
other ancillary insurance products for both the Private Equity sponsor and portfolio companies.
Everest Re Group, Ltd. is a Bermuda holding company that operates through the following subsidiaries: Everest
Reinsurance Company provides reinsurance to property and casualty insurers in both the U.S. and
international markets. Everest Reinsurance (Bermuda), Ltd., including through its branch in the United
Kingdom, provides reinsurance and insurance to worldwide property and casualty markets and reinsurance to
life insurers. Everest Reinsurance Company (Ireland), dac provides reinsurance to non-life insurers in Europe.
Everest Insurance® refers to the primary insurance operations of Everest Re Group, Ltd., and its affiliated
companies which offer property, casualty and specialty lines insurance on both an admitted and non-admitted
basis in the U.S. and internationally. The Company also operates within the Lloyd's insurance market through
Syndicate 2786. In addition, through Mt. Logan Re, Ltd., the Company manages segregated accounts,
capitalized by the Company and third party investors that provide reinsurance for property catastrophe risks.
Additional information on Everest Re Group companies can be found at the Group’s web site at
www.everestregroup.com.