September 25, 2014
Liberty Mutual Insurance today announced the appointment of Carlos Ricci as CEO of Liberty Compania de Seguros Generales S.A. (“Liberty Seguros Chile”). Mr. Ricci will oversee the company’s operations in its 16 branch locations throughout Chile.
“The insurance market in Chile continues to provide a wealth of opportunity to expand market share,” said Victor Meintjes, Executive Vice President, Liberty International and Chief Operating Officer - Latin America. “I am confident that the extensive industry and organizational experience Carlos brings to our operations in Chile will help us continue expanding Liberty Seguros’s presence in the market.”
Mr. Ricci has been with Liberty Mutual Insurance for over two decades, joining the company’s operation in Venezuela - Seguros Caracas de Liberty Mutual C.A. - in 1992 where he held multiple positions in the Underwriting, Commercial, Actuarial, and Audit departments. Promoted to Chief Underwriting Officer – Personal Lines for the Latin America region in 2008, Mr. Ricci has also participated in multiple projects for Liberty International in Latin America, Europe, and Asia and recently served as the coordinator in the merger and integration of Liberty International’s Ecuadorian operations. He holds an actuary degree from the Universidad Central de Venezuela and is a graduate of the Instituto de Estudios Superiores de Administracion (IESA) Management Advanced Program.
“In my role as Chief Underwriting Officer I have had the opportunity to work closely with the local team here in Chile and have consistently been impressed with their professionalism,” said Mr. Ricci. “Their dedication to our customers and to providing the highest level of customer service has positioned Liberty Seguros as one of the strongest insurers in the country.”
Since Liberty Mutual Insurance’s entry into the Chilean insurance market in 2004, Liberty Seguros Chile has become the fourth largest insurer in both Auto and Non-Life. Liberty Seguros Chile provides auto and property insurance for individuals and small- to mid-sized businesses.
About Liberty International
Liberty International’s local country operations offer insurance to individuals and businesses in Brazil, Chile, China (including Hong Kong), Colombia, Ecuador, India, Ireland, Malaysia, Poland, Portugal, Russia, Singapore, Spain, Thailand, Turkey, United Kingdom, Venezuela, and Vietnam. Private passenger automobile insurance is the single largest line of business for the Liberty International strategic business unit, which insures more than 6.4 million autos worldwide.
About Liberty Mutual Insurance
Liberty Mutual Insurance helps preserve and protect the things people earn and own and build and cherish. Keeping this promise means we are there when our policyholders throughout the world need us most.
In business since 1912, and headquartered in Boston, Mass., today Liberty Mutual Insurance, together with its subsidiaries, is a diversified insurer with operations in 30 countries around the world. The company is the third largest property and casualty insurer in the U.S. based on 2013 direct premium written as reported by the National Association of Insurance Commissioners.
Liberty Mutual Insurance is ranked 76th on the Fortune 100 list of largest corporations in the U.S. based on 2013 revenue. As of December 31, 2013, Liberty Mutual Insurance had $121.2 billion in consolidated assets, $102.2 billion in consolidated liabilities, and $38.5 billion in annual consolidated revenue.
Liberty Mutual Insurance employs more than 50,000 people in approximately 900 offices throughout the world, and we offer a wide range of insurance products and services, including personal automobile, homeowners, accident & health, commercial automobile, general liability, property, surety, workers compensation, group disability, group life, specialty lines, reinsurance, individual life and annuity products.
You can learn more by visiting www.libertymutualinsurance.com.
Contact:
Adrianne Kaufmann
617-574-5983
Adrianne.kaufmann@libertymutual.com
