Liberty Specialty Markets (LSM), has announced the promotion of Rachael Lukehurst to the newly created role of Head of Private Equity, effective immediately.
In the role, she will be based in London, and will report to Mark Stephenson, Head of Business Development and market relationships, LSM, and Amy Gross, global private equity and M&A Leader, Liberty Mutual.
As head of private equity, Lukehurst will hold responsibility for managing the global relationships between LSM and its private equity partners. The role will allow her to build out the private equity segment, while closely working with clients and brokers to maintain and develop longstanding partnerships.
Additionally, the role will see her manage the private equity pipeline to provide rapid response times, as well as tailored solutions, and portfolio partnership to protect and add value to private equity assets.
Prior to taking on this new role, Lukehurst was head of revenue transformation for LSM, a senior underwriter and has been at the company since 2007.
She joined the firm as an assistant underwriter and worked her way up by working through various lines of business on the graduate training scheme. She began her career in the industry in 2006 working for Reynolds Porter Chamberlain as an assistant loss adjustor.
“We are delighted to announce Rachael’s promotion. She has extensive and varied experience at LSM, working as an underwriter, in business development and with clients and brokers. This places her in prime position to lead the growth in this evolving area of our business,” said Stephenson.