July 10, 2014 - To support its strategy of becoming a lead market for large, complex global property risks, Liberty Mutual’s National Accounts Property unit has expanded its divisional structure and added five underwriters.
National Accounts Property provides ground-up, shared and layered, inland marine and equipment breakdown coverages. It offers large capacity, global capabilities – including the ability to issue local policies in more than 150 countries – and one of the most advanced property risk engineering teams in the industry.
“We grew from three to four underwriting divisions in order to bring our expertise and authority closer to agents and brokers, and their customers,” notes Mike Martin, executive vice president and general manager, National Accounts Property. “And we further strengthened that expertise by adding five underwriters.”
Those underwriters include:
- Ralph Botti, senior underwriter manager, Northeast Region. Ralph will underwrite ground-up and shared and layered accounts, and will help expand National Accounts Property’s presence in the Northeast. He has more than 38 years of experience with Liberty Mutual.
- Rick Friedl, division underwriting manager, Northeast Region. Rick is responsible for National Accounts Property’s growth in the Northeast. He has 35 years of experience in commercial insurance underwriting, risk engineering, account management, and marketing, and as a broker – most recently with Howden Broking Group.
- Alice Hu, director, Northeast Region. Alice will help drive National Accounts Property’s growth in New York. She has five years of experience, most recently with Swiss Re, in underwriting shared and layered business as well as single carrier global fronted programs.
- Greg Huml, senior underwriting manager, Central Division. Greg will support complex global property risks in the central region. He has more than 30 years of experience underwriting large account property business. Prior to joining Liberty Mutual, he held various underwriting and engineering positions, most recently with XL Insurance.
- Todd Reed, managing director, Property Underwriting. Todd is responsible for distribution strategy for National Accounts Property. He will work with internal and external resources to develop the product set, support services and underwriting resources necessary for the operation to becoming a lead market for large, complex global property risks. Todd has more than 30 years of experience underwriting and managing property underwriters at Liberty Mutual.
More information on National Accounts Property can be found at http://www.libertymutualgroup.com/business-insurance/business-insurance-coverages/property-insurance
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 is a diversified global 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 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 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.
