Liberty Mutual Insurance announced the retirement of the head of its Global Risk Solutions unit, and the creation of a new position overseeing Global Risk Solutions and other units.
Dennis Langwell, who served as President, Global Risk Solutions, is retiring after 26 years at the company. Langwell was formerly Liberty’s chief financial officer, and took the helm of Global Risk Solution in 2018 when the insurer reorganized its consumer and commercial insurance businesses into two P/C divisions: Global Risk Solutions and Global Retail Markets. became will continue to serve as Vice Chairman, Liberty Mutual Insurance Operations through the end of the year.
Filling his spot as President of Global Risk Solutions will be Neeti Bhalla Johnson.
She will report to Tim Sweeney, who will take on the role of President, Liberty Mutual, also overseeing Global Retail Markets and Liberty Mutual Investments.
Sweeney was previously President, Global Retail Markets.
That role is set to be filled by Jim MacPhee, who was previously President and Chief Operating Officer, Global Retail Markets – U.S.
Bhalla Johnson was previously President and Chief Investment Officer, Liberty Mutual Investments. Her shoes will be filled by Vlad Barbalat. Barbalat, who was previously Executive Managing Director and Co-Head of Strategy & Asset Allocation, Liberty Mutual Investments, will now be responsible for overseeing the company’s investments business unit.
Barbalat, Bhalla Johnson and MacPhee will all report to Sweeney. Sweeney himself will report to Liberty Mutual Insurance Chairman and Chief Executive Officer David Long.
(Photo Credit: Liberty Mutual. Pictured (L-R) are: Tim Sweeney, President, Liberty Mutual; Neeti Bhalla Johnson, President, Global Risk Solutions; Jim MacPhee, President, Global Retail Markets; and Vlad Barbalat, President and Chief Investment Officer, Liberty Mutual Investments.
Source: Liberty Mutual