Reinsurance News

Liberty Mutual Insurance expands leadership team

29th April 2022 - Author: Jack Willard

Liberty Mutual Insurance’s Global Risk Solutions (GRS) President, Neeti Bhalla Johnson recently announced the appointments of two newly created global executive leadership positions.

liberty-mutual-insurance-logoMatthew Moore has been appointed President of Underwriting, and Susanne Figueredo Cook has been appointed as Chief Operating Officer.

Phil Hobbs was also appointed as President of Liberty Specialty Markets (LSM), succeeding Moore.

All appointments are effective as of May, 2, and they will all report to Bhalla Johnson.

This announcement which comes just less than a year after Bhalla Johnson was appointed as President of GRS, builds on the organisations leadership team.

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Moore, who will continue to be based in London, previously served as President of LSM GRS’ global specialty operation, and has over 25 years of experience within the industry, serving for Liberty Mutual in roles of increasing responsibility for the past two decades.

Throughout Moore’s career in the London and international re/insurance markets, he has delivered underwriting profitability through clear strategy and strong employee engagement.

Within his new role, Moore will drive performance through a consistent global culture of underwriting discipline, portfolio management and product leadership.

In addition, Figueredo Cook joins Liberty Mutual from Travelers Insurance, where she served for more than 20 years in various leadership positions, including underwriting, claims and global operations.

As a proven leader, Figueredo Cook will optimize GRS’ global operations and integrated processes, aimed to increase efficiency and value for clients and broker partners.

Furthermore, within his new role, Hobbs brings over 20 years of experience within the industry, having served at LSM for more than 15 years in a range of leadership roles.

His most recent position was Deputy Managing Director, where he was responsible for developing and implementing underwriting strategy. Prior to this he served as Chief Actuary for over a decade.

Hobbs is an experienced executive who has been on both internal and external market boards.

Both Hobbs and Moore will continue to work together throughout the transition.

Addressing the new leadership appointments, Bhalla Johnson said, “We’re a leading global commercial and specialty carrier recognized for our values-driven brand, product and geographic breadth, and commitment to working with our clients to help solve their evolving risk needs.

“We’ve made progress in working collaboratively across our business yet acknowledge more work needs to be done to make it easier for our broker partners and clients to access the strength of our offerings. These new leadership roles, and the integrated operating model they represent, mark an inflection point in building a high-performance culture that brings global expertise to every client interaction and delivers consistent underwriting profitability.”

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