This is, of course, just an opinion but I sincerely doubt the cause of the issues you had was related to the LED. The LED chip itself is used by almost all manufacturers now, many with extremely high reliability. It is most likely that your issues are a result of something else, including the driver circuit or any number of electrical connections that are involved in the construction of the light.
It is possible that Dereelight implemented the LED poorly, either driving it too hard, not providing a sufficient thermal pathway (resulting in a build up of heat that could damage the LED), or a number of other things.
If you are looking for a higher reliability solution and you have had multiple failures with the Dereelight, I suggest looking at other manufacturers.
You're not going to get similar performance from any other LED that Dereelight uses and if they have manufactured a product that has a design/implementation flaw, they don't deserve your allegiance.
If you're talking about P60 drop ins, there a many, many out there that will suit your needs although I'm not sure about compatibility with the Deree host.