Everen Limited (formerly Oil Insurance Limited) reveals its brand identity | Business Insurance

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HAMILTON, Bermuda–(COMMERCIAL WIRE)–Following a rebranding announcement, Everen reveals its new visual identity. The new logo and brand elements have been designed to reflect the company’s heritage and future commitment to the ever-evolving energy sector. The name Everen, which was announced in June, was constructed by combining the words “forever” and “energy.”

The Everen logo was created to reflect a heightened sense of timeless energy, and the design highlights the two fused words that create the name. The high dash symbolizes long-term continuity and the eternal priority of providing lasting capacity, and the underscore draws attention to the evolutionary approach and commitment to both traditional and new energy assets.

The colors were carefully selected to communicate a sense of association and momentum with reliability and experience. The mark also includes an abbreviated symbol, which can be seen when space is limited, and is recognized by the above hyphen and underscore.

Bertil Olsson, President and CEO says: β€œIt is a great pleasure to present Everen’s new identity because it represents not only the company’s commitment to the future of energy, but also our membership, what it is now and what it will be in the future.

While we are very proud of OIL’s legacy, we are equally proud of our ability to adapt to the evolving industry and provide the best solutions for our members. The energy industry is rapidly transitioning to new energy solutions alongside traditional oil and gas-focused sectors. Our shareholders are investing heavily in renewable energy, such as wind and solar, as well as future sources and technologies, such as hydrogen, renewable fuels, biofuels, biochemicals, and carbon capture and sequestration..”

The new branding is currently being rolled out and will include a newly designed website to be launched later in the year. the improved site Everen.bm will provide an enhanced online experience for all stakeholders.

Headquartered in Bermuda, Everen Limited is the insurer of choice for the world’s leading energy companies, insuring nearly $4 trillion in global energy assets. The company was incorporated in 1972 as a mutual insurance company, an innovative structure in which its policyholders are also its shareholders and coverage is provided at cost. Everen offers shareholders ownership limits per occurrence of up to $450 million across a wide range of energy industry assets, from traditional oil and gas to alternative industry segments such as renewable energy. The mutual’s shareholders consist of medium and large energy companies in the public and private sectors with a minimum of $1 billion per shareholder in physically owned assets and a rating of investment grade or equivalent. Everen is rated A by S&P and A2 by Moody’s.

For more information about the company, visit Everen.bm

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