Liberty Specialty looks to build out private equity practice

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has tapped a longtime executive to build out its private equity practice managing the global relationships between LSM and its partners.

Rachael Lukehurst (pictured) has been appointed to the newly created role of head of private equity, based in London.

In her new role, Lukehurst will build out LSM’s private equity segment, working closely with clients and brokers to maintain and develop longstanding partnerships. She will be the key contact for private equity enquiries, providing partnering firms with fast access to Liberty Mutual’s broad range of insurance products worldwide. She will manage the private equity pipeline to provide rapid response times, tailored solutions, and portfolio partnership to protect and add value to private equity assets.

Prior to this, Lukehurst was head of revenue transformation for LSM, a senior underwriter and has been at the company since 2007. She joined as assistant underwriter and rotated through various lines of business on the graduate training scheme. She began her insurance career in 2006 working for Reynolds Porter Chamberlain as an assistant loss adjustor.

Lukehurst reports to Mark Stephenson, head of business development and market relationships, Liberty Specialty Markets and Amy Gross, global private equity and mergers & acquisitions leader, Liberty Mutual.

Stephenson said: “We are delighted to announce Rachael’s promotion. She has extensive and varied experience at LSM, working as an underwriter, in business development and with clients and brokers. This places her in prime position to lead the growth in this evolving area of our business.”

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