Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Ronald Bolaños to the role of Chief Underwriting Officer (CUO), and Manuel Moreno as President, LSM, US and Latin America.
Bolaños and Moreno are to remain based in Miami and the appointments are effective immediately.
In his new position Bolaños will report to both Matthew Moore, President of Underwriting, Global Risk Solutions (GRS) and Phil Hobbs, President and Managing Director, LSM.
He will be responsible for driving high performance underwriting across all LSM products. His focus is on leveraging global expertise and resources to meet the complex risk needs of LSM’s clients and broking partners.
Moreno will report to both Bolaños and Hobbs, and will keep his existing role of CUO, LSM US and Latin America.
The executive will lead the continued high-performance of LSM in the US and Latin America. He will be responsible for building on existing and developing new partnerships in the region.
Commenting on the appointments, Hobbs said:“Many congratulations to Ronald and Manuel on their promotions. Both combine great leadership skills and in-depth technical ability. Ronald has led LSM’s US and Latin America business since 2020 and has built a strong, market-leading team.
“His underwriting expertise and significant business and market knowledge make him the ideal candidate for LSM CUO.”
He continued: “As CUO Manuel has delivered excellent underwriting results and an in-depth understanding of the diverse market in the region. He is perfectly placed to continue LSM’s growth and development in the US and Latin America. Both appointments demonstrate LSM’s commitment to delivering for our partners.”
