July 17, 2013
Liberty Mutual Insurance’s Commercial Insurance strategic business unit has appointed Douglas Cauti as senior vice president and chief underwriting officer of its Construction Practice.
Mr. Cauti will lead a unit that provides a full range of insurance products and services to large general contractors, sub-contractors and construction project owners. The Construction Practice has almost $500 million in construction premium.
“A specialized construction practice is critical to adding value to agents and brokers, and their construction clients,” notes Mark Butler, president, Commercial Insurance’s National Insurance operation. “It allows the dedicated underwriting, claims and loss prevention services needed to help agents and brokers better identify, mitigate and manage construction risk.”
Mr. Cauti can be reached at douglas.cauti@libertymutual.com.
About Liberty Mutual Insurance
"Helping people live safer, more secure lives" since 1912, Boston‐based Liberty Mutual Insurance is a diversified global insurer and the third largest property and casualty insurer in the U.S. based on 2012 direct premiums written as reported by the National Association of Insurance Commissioners.
Liberty Mutual Insurance also ranks 81st on the Fortune 100 list of largest corporations in the U.S. based on 2012 revenue. As of December 31, 2012, Liberty Mutual Insurance had $120.1 billion in consolidated assets, $101.5 billion in consolidated liabilities, and $36.9 billion in annual consolidated revenue.
Liberty Mutual Insurance offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety. Liberty Mutual Insurance (www.libertymutualinsurance.com) employs over 50,000 people in more than 900 offices throughout the world.
