Liberty Mutual
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Claims from events including Hurricane Laura and West Coast wildfires more than doubled total cat losses from a year earlier. -
The former Ironshore International CEO was most recently chief client officer of Liberty Mutual’s Global Risk Solutions.
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The rideshare company has also deepened its existing partnership with Progressive.
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Marc Orloff will take over from Shaun Kelly, who has left the company.
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Large deals between $500mn and $1bn, and those over $1bn, accounted for the lowest proportion of claims paid by the carrier.
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Kelly Killimett joins from the Bermudian carrier’s Colony Specialty Insurance business.
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Liberty GRS president Dennis Langwell disclosed the early estimate on a Q2 earnings call.
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The carrier’s CoR deteriorated by four points to 104% in the second quarter.
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Sara Steiner joins from RenaissanceRe, where she was most recently vice president of casualty treaty.
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Scott Mackie reports to property treaty SVP Richard Mairano.
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He will be replaced by North America CUO David Perez.
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The Judicial Panel on Multidistrict Litigation will determine whether federal BI lawsuits should be consolidated.
