Liberty Mutual

Dellwood hires Arrowhead’s Sellers and Markel’s Turk for primary casualty launch

Dellwood Insurance Group has hired Britt Sellers from Arrowhead as head of brokerage casualty and Tyler Turk from Markel as director for primary casualty, as the E&S start-up continues its rapid build-out after launching earlier this year, E&S Insurer can reveal.

Liberty swings to $678mn operating profit as CR improves 9.8 pts

Liberty Mutual has reported pre-tax operating profit before limited partnerships income of $678mn for the second quarter, more than reversing a $610mn loss in the prior-year period, as it registered a 9.8 points improvement in its reported combined ratio to 99.6 percent.

Liberty’s CUO for North America specialty lines Smith exiting for new role

Liberty Mutual’s chief underwriting officer for North America specialty lines Toby Smith has stepped down from his role after 15 years with the company and its predecessor firm and is expected to re-emerge at a private equity-backed carrier, The Insurer can reveal.

How management liability coverage helps the C-suite navigate the constantly changing risk environment

For many executives, legal liability is one of the things keeping them up at night. Business leaders today face a growing range of management liability exposures – including emerging risks affecting virtually every industry.

Liberty Mutual’s NA specialty division pulls out of builder’s risk

The North America specialty division of Liberty Mutual has withdrawn from writing builder’s risk insurance in a move that follows Ed O’Brien’s exit from its Ironshore unit to launch a new program in the business line at MGA CrossCover, E&S Insurer can reveal.

Ironshore’s Dolan: Expert, sophisticated wholesale capabilities are the right E&S access point

The increasingly complex and dynamic risk landscape means the shift of business to the E&S market is a structural rather than cyclical development, with the best access point to the sector through brokers with expert and sophisticated wholesale capabilities, according to Ironshore president Matt Dolan.

Early communication is key to cyber business interruption claims

Business interruption caused by cyber risks can escalate quickly. The faster a policyholder can contact their insurer and mobilise their assistance, the better the policyholder can help protect their organisation and reputation.

Ironshore gaining momentum and eyeing opportunities after wholesale refocus

Ironshore’s newly introduced wholesale-only focus strongly positions it to take advantage of the E&S market’s expected continued expansion at a time when the risk environment is becoming increasingly complex, especially in the healthcare, environmental, property and cyber lines.

A wholesale commitment

In September this year, Liberty Mutual became the latest carrier to draw a line between its retail and wholesale operations, with its Ironshore unit exclusively available to the wholesale distribution channel.