Reinsurance News

LSM announces two U.S. & LatAm leadership changes

11th March 2021 - Author: Katie Baker

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Manuel Moreno as Chief Underwriting Officer (CUO), US and Latin America, and Heath Merrill as Chief Operating Officer, US and Latin America.

liberty-specialty-marketsThe appointments are effective immediately and they both report to Ronald Bolaños, President for the region.

Moreno will be based in Miami and is responsible for developing LSM’s position in Latin America while overseeing the regional portfolio.

He succeeds Bolaños after his promotion to President, US and Latin America last year.

Moreno joins LSM from XS Global where he was CUO. He has over 20 years of experience in the industry, knows the region well and has great passion for the business with previous roles in the US, Mexico, and Colombia.


Merrill is based in Boston and is responsible for delivering the operational strategy to meet the business’ strategic objectives and will manage operations, claims, IT, risk and compliance, marketing and communications. Heath takes over the role from Thais Kirchner who is retiring in April.

Prior to his promotion, he was Financial Officer, International in the Global Risk Solutions Finance team for five years. He has more than 20 years’ experience in the insurance industry.

Ronald Bolaños, President, Liberty Specialty Markets – US and Latin America said: “I am delighted Manuel has joined the team.  He brings extensive experience as a Broker, Insurer and Reinsurer, along with an in-depth knowledge of clients and their needs.

“Manuel is a market expert, who acts with integrity, is a team player and is a proactive partner who will engage with all people. Heath is a key addition to our team; he brings considerable knowledge and understanding of Liberty Mutual Group.

“He will be a great strategic enabler; facilitator; contributor and collaborator to our team. This business challenge will be a great new opportunity for him as we pursue our growth plans.”

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