Liberty International Underwriters (LIU) News

Liberty International Underwriters & Ironshore Canada Renamed Liberty Mutual Canada

Liberty Mutual Insurance announces that Liberty International Underwriters (LIU Canada) and Ironshore Canada will be rebranded as Liberty Mutual Canada. “The rebranding of our joint operation as Liberty Mutual Canada is an important milestone in our journey to come together …

Allianz Acquires Liberty International’s U.S. Product Recall Business Renewals

Allianz Global Corporate & Specialty (AGCS) is acquiring the renewal portfolio of Liberty Mutual Insurance’s U.S. product recall and special contingency business. The effective date is Jan.30, 2018. The business being acquired was written through Liberty International Underwriters (LIU) U.S., …

Liberty Mutual to Acquire Ironshore from China’s Fosun for $3 Billion

Liberty Mutual Insurance has agreed to acquire specialty lines insurer Ironshore Inc. from China’s Fosun International Limited. Liberty Mutual will acquire a 100 percent ownership interest in Ironshore. According to the announcement, the purchase price will equate to 1.45x Ironshore’s …

LIU Launches War and Terrorism Coverage for U.S. Businesses

Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has launched stand-alone war and terrorism coverage to protect U.S. businesses at home and their assets abroad. In 2014, the cost of global terrorism rose to levels not seen since 9/11 …

LIU, Huntersure to Offer Transactional Liability Insurance

Liberty International Underwriters (LIU) and program administrator Huntersure LLC have partnered to offer transactional liability insurance. This program will offer coverages for representations and warranties, tax liability (including tax opinion and tax credit), and contingent liability. Underwritten by Huntersure and …

LIU Designs New Policy for Architects & Engineers With Data Breach Coverage

Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has launched LIU Design and Data Insure, a new architects & engineers policy. The enhanced policy offers insurance and risk management services to help protect design firms from wrongful acts incurred …

Hartley to Lead U.S. General Liability for Liberty International Underwriters

Liberty International Underwriters (LIU) has named Casey Hartley as U.S. General Liability product line leader. Based in Atlanta, Miss., Hartley will have responsibility for the technical underwriting, portfolio performance and overall product strategy for the primary general liability portfolio. LIU’s …

Liberty International Names Capicchioni to Head U.S. Railroad Line

Liberty International Underwriters, part of Liberty Mutual Insurance, has appointed Robert Capicchioni to vice president of its U.S. Railroad product line. Previously, Capicchioni was underwriting manager in LIU’s Casualty group. In his new role, Capicchioni will be responsible for underwriting, …

LIU Adds Cyber Extortion Endorsement to Product Recall Policies

Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has launched a cyber extortion endorsement to its Product Recall and Contamination insurance policy for food and beverage companies. This endorsement offers coverage to food and beverage policyholders for cyber extortion …

Liberty International Underwriters Names C&F’s Cossetti as Head of U.S. Casualty

Liberty International Underwriters (LIU) has named Diana Cossetti as senior vice president of LIU’s U.S. Casualty operation, newly-created underwriting leadership role overseeing Primary Casualty, Excess Casualty, Environmental, Railroad and Crisis Management. S Cossetti will be based in New York and …