Markets/Coverages: Liberty Mutual Launches New Management Liability Package

Liberty Mutual recently announced ProShield, a packaged solution providing private companies and non-profits streamlined access to directors & officers, employment practices liability, fiduciary, and crime coverages

Brent Tan has been appointed to manage the product line as senior director, financial lines underwriting. He will focus on financial lines product development.

“ProShield provides private companies and non-profits – and the brokers who support them – faster access to a more robust set of coverages needed to effectively address the complex management liability risks they face,” said Liberty Mutual Global Risk Solutions President, Financial Lines, Paul Larson. “The new packaged solution eliminates the need for over 30 endorsements by blending coverages into a single policy form available to both wholesale and retail brokers.”

Related: Liberty Mutual Hires Larson From CNA

Tan was previously senior vice president of CNA Specialty’s products and underwriting service organization. Before joining CNA, Tan spent 15 years in Chubb Specialty’s financial lines organization in various underwriting roles.

Topics New Markets Liability