Liberty nabs RSA Luxembourg CEO for top underwriting role

Liberty Mutual Insurance has hired  RSA Luxembourg boss as new chief underwriting officer for  Liberty Specialty Markets (LSM), with effect from January 1, 2023.

LSM is the international commercial, specialty and reinsurance business of Liberty Mutual. Rachel Conran (Pictured) joins as CUO, responsible for underwriting performance across LSM. She will be based in Cologne, Germany, and report to Matthew Moore, president, GRS Office of Underwriting, and Phil Hobbs, president and managing director of LSM.

Liberty said Conran’s appointment completes a key milestone in the development of its Global Risk Solutions Office of Underwriting.

Conran joins from Intact Financial Corporation, where she most recently served as chief executive officer and board member of RSA Luxembourg. She has held senior management and chief underwriting roles at other global insurers, managing sizeable global portfolios of complex products and driving underwriting profitability, financial planning, and strategy.

“Rachel’s proven specialty underwriting and leadership skills, together with her track record of delivering impressive underwriting performance, made her the ideal candidate for the role,” said Hobbs. “Her expertise, passion and collaboration will add value to clients and brokers.”

Moore added: “Our ambition when we created the GRS Office of Underwriting was to build a team of talented leaders who can drive results through underwriting excellence, consistent global product strategies and a common view of risk. Rachel’s appointment completes the GRS team of chief underwriting officers. We will focus on bringing LSM’s expertise and offerings to help clients and brokers across GRS manage complex risks.”

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