Everspan Group Announces Executive Leadership Changes to Drive Growth

Everspan Group, a prominent division within the specialty property and casualty insurance sector under Octave Specialty Group, Inc. (NYSE: OSG), has announced strategic executive leadership transitions to support its growth strategies. Darwin Lucas has been appointed as President, succeeding Steve Dresner, while Nicole Crowley has risen to the position of General Counsel from Assistant General Counsel. These changes aim to drive Everspan's evolution in response to dynamic market and regulatory conditions.

Leadership Strengthening and Strategic Growth

Lucas will continue serving as Chief Underwriting and Reinsurance Officer, a role he has handled since 2023, alongside his new responsibilities as President. His expertise in insurance and reinsurance portfolio management is pivotal to Everspan’s continued advancement and competitive standing. Under his leadership, Everspan is poised to enhance its risk management techniques and capitalize on growth opportunities.

Octave Specialty Group's President and CEO, Claude LeBlanc, expressed confidence in Lucas's strategic vision, emphasizing his industry acumen as vital to Everspan's future. Dresner endorsed this transition, commending past achievements and supporting the company's forward trajectory. Meanwhile, Crowley's role as General Counsel, supported by over a decade of insurance law experience, will fortify Everspan's legal framework and compliance strategies.

Market Presence and Contact Information

Everspan Group provides specialized property and casualty insurance services across the United States, functioning on both admitted and non-admitted bases, as part of Octave Specialty Group's global insurance portfolio. For further details and to stay updated with recent developments, visit Everspan Group's official site or explore their latest press releases.

Contact Information:

Investors:
Karen Beyer, Managing Director of Investor Relations
Email: kbeyer@octavegroup.com

Media:
Kate Smith, Director of Corporate Communications
Email: ksmith@octavegroup.com

For the full announcement, access the press release here.