Executives on the Move at BHSI, FM Global, Liberty Mutual GRS

April 29, 2022

Berkshire Hathaway Specialty Insurance (BHSI) has promoted Kathy Reid to head of Casualty, North America.

Reid has more than 25 years of insurance industry experience and has been senior vice president at BHSI since 2013.

Sanjay Godhwani, president, North America Region, BHSI, said in a statement that Reid “embodies the excellent capabilities and strong character that define our team around the globe, and I am pleased to have her in this leadership role where she can have an even greater impact as a leader to our teammates and a partner to our customers and brokers.”

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Jessica Waters

Commercial property insurer FM Global has appointed Jessica Waters as vice president, manager of climate and structural resilience.

Waters joined FM Global more than two decades ago and has served as engineering specialist, account engineer and operations chief engineer in the company’s Boston operations. Most recently she was senior engineering technical specialist, natural hazards and structures.

In her new role, Waters will lead a team of engineering experts focused on fortifying industrial and commercial properties against climate and structural risks and will be based at the company’s corporate offices in Johnston, R.I.

Waters succeeds Katherine Klosowski, who retired after 34 years with FM Global.

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Liberty Mutual Insurance Global Risk Solutions (GRS) has created two new global executive leadership positions, appointing Matthew Moore as president of Underwriting and Susanne Figueredo Cook as chief operating officer.

Moore, who will continue to be based in London, previously served as president of Liberty Specialty Markets (LSM) and has over 25 years of experience in the industry, working for Liberty Mutual in roles of increasing responsibility for the past two decades.

Figueredo Cook joins Liberty Mutual from Travelers Insurance, where she worked for more than 20 years in various leadership positions, including underwriting, claims and global operations.

Matthew Moore, Susanne Figueredo Cook and Phil Hobbs

Phil Hobbs was appointed president of LSM, succeeding Moore. Hobbs has over 20 years of experience in the industry and has served LSM for more than 15 years in a range of leadership roles. His previous position was deputy managing director, where he was responsible for developing and implementing underwriting strategy, and prior to this he was chief actuary for over a decade. Hobbs and Moore will continue to work together throughout the transition.

All positions will report to President Neeti Bhalla Johnson and are effective May 2.

“These new leadership roles, and the integrated operating model they represent, mark an inflection point in building a high-performance culture that brings global expertise to every client interaction and delivers consistent underwriting profitability,” said Bhalla Johnson in a statement.