Liberty Mutual Name Foley, Ughetta to New Posts
Liberty Mutual Insurance announced that Melanie Foley has been named executive vice president and chief administration officer, effective July 2022.
Foley previously served as executive vice president and chief talent and enterprise services officer, leading the talent; procurement; brand and communications; diversity, equity and inclusion; sustainability; real estate; and workplace services functions. In this expanded role, she will maintain her current responsibilities in addition to overseeing the company’s corporate administration departments and community and philanthropic investments beginning January 2023.
Foley, who has been part of the insurer’s executive leadership team since 2011, will report to Tim Sweeney, who was appointed CEO of Liberty Mutual beginning in January 2023.
Foley has been at Liberty Mutual for 25 years and has held positions in sales, marketing and as distribution. She also is actively involved in the community with a focus on philanthropy, education and well-being.
Jen Ughetta will become chief people officer of Liberty Mutual Insurance, effective July 2022. Ughetta, who will continue to report to Foley, has been at the company since 2018. In her new position, she will have responsibility for all talent-focused teams, including talent acquisition, total rewards, employee relations, leadership learning and talent, and the business-embedded talent advisor communities, among other areas of focus.
Previously, Ughetta was executive vice president and chief talent officer of global retail markets. Prior to joining Liberty Mutual, she spent 20 years at Munich Reinsurance in human resources.
Former Regulator Joins Lemonade
Lemonade has appointed former New York insurance regulator Scott Fischer as its first head of government relations. He will provide strategic counsel regarding laws and regulations and guide strategy around relationships throughout the insurance regulatory community. Fischer will also serve as co-general counsel alongside Bill Latza, who plans to retire at the end of the year.
“Scott played a make-or-break role in Lemonade’s early days, as the regulator who scrutinized our business, gave us a hard time and ultimately gave us our license,” said Daniel Schreiber, Lemonade CEO and co-founder. “He was a thoughtful, fair minded and exacting regulator, and his deep familiarity with insurance regulation on the one hand, and Lemonade on the other, make him the ideal leader of our government relations efforts.”
Most recently, Fischer was a partner at global law firm DLA Piper, where he represented international, national and local insurers and producers in their regulatory and compliance activities. He also spent 10 years at the New York State Department of Financial Services, ultimately serving as the executive deputy superintendent for insurance.
“I spent years regulating an industry that’s been operating the same way because, simply put, that’s the way it’s always been done. Not with Lemonade,” said Fischer. “They’ve been challenging this orthodoxy since day one when I granted their license to operate in New York. Now things have come full circle, and I get to be part of the fun, helping Lemonade grow and reimagine the industry in a tech-first world.”
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