Assurant made some new executive appointments as part of some organizational changes. Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, named a new head of Casualty in Germany. A veteran industry executive was made head of a new division of Guy Carpenter & Co.
Specialty insurer Assurant, Inc. made some organizational changes, leading to new executive appointments.
Francesca Luthi, executive vice president, chief communications and marketing officer, has been named to the newly created role of chief administrative officer. She will oversee Human Resources, Real Estate, Facilities and Procurement while retaining leadership for Assurant’s global Marketing and Insights, Communications, Investor Relations and Corporate Social Responsibility functions. In addition, Jay Rosenblum, senior vice president, Government Relations & Regulatory Affairs, has been appointed to the role of chief legal officer, having served in that capacity on an interim basis since February 2020.
Luthi is credited during her time at Assurant with building critical capabilities across marketing and insights, investor relations, communication and most recently customer experience functions to support the company’s ongoing transformation and establish the brand as a market leader in the ‘connected lifestyle.’ Luthi will continue to report to Colberg and serve on the Management Committee.
In parallel, Robyn Price Stonehill, executive vice president, chief human resources officer, will be leaving Assurant. After 21 years with the company, she will be spending time focused on her family and her extensive philanthropic commitments. She will remain with Assurant through the end of this year to support an orderly transition.
As Assurant’s newly appointed chief legal officer, Rosenblum will lead Assurant’s global legal department, including compliance, government relations, regulatory affairs and other legal matters affecting the company. Additionally, he will serve as a key advisor to the Assurant Board of Directors and oversee corporate governance matters. He will continue to serve on the company’s Management Committee and report to Colberg.
Previously, Rosenblum served as interim chief legal officer since February 2020 and supported the company’s pandemic response, bringing his depth of expertise to quickly advance Assurant’s global government relations and regulatory affairs strategy. He has also worked in close partnership with Assurant’s business leaders, establishing engagement priorities, building relationships with external stakeholders and advocating for the company’s policy and regulatory positions.
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, promoted Rainer Rieger as head of Casualty Germany.
Rieger, who has worked with the company since 2015, is replacing Detlef Offenhau who recently retired from the role.
Ronan Gerety, general manager of LSM Germany, said that Rieger’s experience with the German casualty market “makes him an ideal candidate to lead our German casualty team and achieve LSM’s ambitious growth plans for Germany.”
Liberty Specialty Markets offers specialty and commercial insurance and reinsurance products across key UK, European, Middle East, U.S., Bermuda, Asia Pacific & Latin America markets.
Laurence Upton has been appointed managing director of Guy Carpenter & Co.’s new Hybrid Solutions UK division (part of Guy Carpenter Fac).
He joins from Willis Towers Watson where he was head of London Market Fac. He will be responsible for growing the new division, enhancing existing relationships and developing innovative facultative solutions. Based in London, he will report to Dominic Samengo-Turner, global head of Facultative, Guy Carpenter.
The senior team will also include Jason Higgins, who has been appointed as deputy head, and Alex Groves as senior vice president. Higgins joins from Thompson Heath and Bond, and Groves from Willis Towers Watson.
The Hybrid Solutions UK team will focus on developing hybrid facultative products that bridge the gap between traditional facultative transactions and treaty programs, enabling GC Fac to provide greater customization to its clients.
Sources: Assurant, Liberty Mutual and Guy Carpenter