Executives on the Move at Verisk, Liberty Mutual GRS, Vesttoo

July 25, 2022

Verisk has named Elizabeth Mann as executive vice president and chief financial officer, effective Sept. 15, 2022. She will lead Verisk’s global finance organization, including accounting and controllership, financial planning and analysis, investor relations, strategic sourcing and procurement, tax and treasury.

Mann comes to Verisk from S&P Global, where she was chief financial officer for the Ratings and Mobility divisions, and prior to that senior vice president of capital management. She also held roles of increasing responsibility at Goldman Sachs, including managing director of the firmwide strategy group and the technology, media and telecom investment banking group.

The role of Verisk CFO was left vacant when Lee Shavel became CEO in May. David Grover, Verisk’s controller and chief accounting officer, has been serving as interim CFO.

“We’re incredibly thankful to David for his leadership and support during this transition period,” Shavel said.

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Liberty Mutual Insurance Global Risk Solutions (GRS) has appointed Elizabeth Geary as president, Insurance Solutions. Geary will report to GRS President of Underwriting Matthew Moore, effective late August.
Geary’s new role, which follows the recent appointment of Moore by GRS President Neeti Bhalla Johnson, sits within GRS’ new Office of Underwriting.

Geary joins Liberty Mutual from TransRe, where she served in a dual role as president, Global Portfolio Management, and chief underwriting officer, North America, balancing both transactional and portfolio experience. Prior to this, she was the company’s global head of Cyber.

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Vesttoo, a digital insurance risk transfer and investment platform, has hired Minas Kalachian as its new head of Structuring. In his new role, he will manage a team of product specialists to design and implement financial structure strategies for Vesttoo’s capital markets-based reinsurance solutions, as well as analyze the financials of individual projects.

Kalachian has 23 years of experience in the insurance and reinsurance sector, most recently as a managing director at Allianz Risk Transfer.

“I am thrilled to join Vesttoo’s team,” said Kalachian. “Vesttoo has been shaking up the industry by being on the forefront of the changing ILS landscape and enabling alternative sources of capital to play a key role in the transfer of insurance risk beyond nat cat, which is sorely needed in our industry. It is this creative spirit, along with strong analytics, use of technology and a talented team that has me excited to join their ranks and help transform the (re)insurance sector.”