Liberty Mutual Insurance News

Liberty Mutual Appoints Perez to Chief Underwriting Officer of Global Risk Solutions

Liberty Mutual Insurance has appointed David Perez as chief underwriting officer for Global Risk Solutions (GRS). GRS is Liberty Mutual’s global commercial and specialty lines reinsurer that provides a full range of traditional insurance, specialty and reinsurance risk solutions to …

Liberty Mutual Re Appoints Burke as VP, Director of Assumed Reinsurance

Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance, has appointed Susan E. Burke as vice president and director of Assumed Reinsurance in its Casualty Treaty department. She will be based in LM Re’s office in Stamford, Conn. Reporting …

Liberty Mutual Completes Acquisition of 3 AmTrust European Businesses

Liberty Mutual Insurance announced it has completed the acquisition of three European subsidiaries of AmTrust Financial Services: Nationale Borg, Nationale Borg Reinsurance, and AmTrust Insurance Spain. “Completing the acquisition of Nationale Borg, Nationale Borg Reinsurance, and AmTrust Insurance Spain further …

Liberty Mutual Surety Taps Schrift to Develop Subcontractor Default Insurance Offering

Liberty Mutual Surety has appointed Douglas Schrift and charged him with developing the company’s Subcontractor Default Insurance (SDI) offering. SDI is a two-party catastrophic insurance coverage that protects general contractors from losses due to a subcontractor’s failure to perform during …

Liberty Mutual Names Proctor as Branch Executive in the Mid-Atlantic Region

Liberty Mutual has named Kelly B. Proctor as branch executive in the Mid-Atlantic region, serving Maryland, Washington, D.C., and Virginia. In this role, Proctor will partner with key brokers in her territory to provide a range of commercial and specialty …

Liberty Mutual Names Hovenagle Wholesale Distribution Executive West

Tara Houvenagle has been named wholesale distribution executive for the West at Liberty Mutual Insurance. She is based in St. Louis. The wholesale distribution team – in close collaboration with Liberty and Ironshore’s wholesale underwriting units – is focused on …

Liberty Mutual Names Ferguson as Wholesale Distribution Executive East

Liberty Mutual has named Jessica Ferguson as wholesale distribution executive in the East region within its Global Risk Solutions unit. She will join the leadership team led by Ben Johnson, wholesale distribution executive for North America, who is responsible for …

Insurers Agree to Help Cover Some Connecticut Crumbling Foundation Costs

Two insurance companies have agreed to provide a total of $10.5 million to help Connecticut homeowners cover the cost of repairing and replacing crumbling foundations, officials said Tuesday. The state has reached separate agreements with The Hartford and Liberty Mutual …

Liberty Mutual Restructures Distribution for Commercial & Specialty Products

Liberty Mutual has introduced a new distribution model for the U.S. in an effort to improve broker access to the insurer’s full suite of commercial and specialty insurance products. Shaun Kelly, president Global Risk Solutions Distribution, said in a statement …

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 …