Liberty Mutual said it is establishing a new distribution model for its U.S. commercial and specialty insurance products, with a goal of improving broker access to the offerings.
To accomplish this, the insurer has divided the United States into six geographic regions, each of which will be managed by a regional executive and staffed with a support team, Shaun Kelley, Liberty Mutual’s president, Global Risk Solutions Distribution, said in prepared remarks.
“Each region will have a number of branch executives who will oversee broker relationships on a local level,” Kelley said. “This structure provides distribution partners access to the full capability of Liberty and Ironshore more easily and will create new opportunities for us to work together in a multiline, collaborative way.”
The new regional executives are:
In addition to the regional executives, Liberty Mutual has appointed Ben Johnson as Wholesale Distribution Executive. Johnson will focus on optimizing relationships with wholesale distribution partners across North America.
Liberty Mutual is the fifth-largest global property/casualty insurer based on 2017 gross written premium, with nearly 50,000 employees in 30 countries and economies around the world.
Source: Liberty Mutual