Liberty Financial Risk Solutions announces senior promotions and expands team

LR-Sam-Wilde,-Huw-Owen,-Mia-Jureidini,-Liberty-Specialty-Markets

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has made two senior promotions in its Financial Risk Solutions (FRS) division and has expanded its Political Risk team.

Huw Owen, formerly FRS Head of Underwriting and London Markets, takes on the newly created role of FRS Chief Underwriting Officer. Sam Wilde, formerly Underwriting Manager – FRS, becomes FRS Head of London Markets, the role vacated by Owen.

Both take up their new roles with immediate effect. Owen will report directly to Peter Sprent, Global Head of FRS. Wilde will report to Owen.

Peter Sprent said: “The credit and political risk insurance market has grown significantly in both scale and complexity over the past 10 years, and we expect this trend to continue. We are investing in our teams to ensure that we can provide the highest level of service to our clients and broking partners.

“Huw has been instrumental in developing Liberty’s growing product capabilities. He’ll be responsible for ensuring that our global underwriting teams are positioned to provide market-leading innovative financial risks solutions in each of our market segments.

“Sam has expanded FRS’s non-payment offering and developed a number of our strategic initiatives, most notably project finance, asset-backed finance and capital markets. Our clients and brokers will benefit from his technical expertise and commercial acumen.” 

Both Owen and Wilde have significant experience of the Financial Services sector. Owen joined Liberty in 2012 as Global Financial Risks – Head of London Markets after ten years in insurance. Wilde joined Liberty in 2017 as a Senior Underwriter after 13 years in banking.

In addition, Mia Jureidini joins the FRS division as Political Risk Underwriter with immediate effect. She will be based in London, reporting to William Limb, LSM’s Political Risk Practice Leader. Mia was formerly Senior Broker with WTW.

William Limb said: “Socio-economic issues stoked by the pandemic, increasing foreign direct investment in relation to the energy transition, and the post-pandemic recovery, have increased demand for the political risk product. Mia’s knowledge, market experience and ability to forge strong working relationships make her a valuable addition to our team.”

Authored by Liberty Specialty Markets

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About Liberty

Liberty Specialty Markets offers specialty and commercial insurance and reinsurance products across key UK, European, Middle East, US and other international locations.

We provide brokers and insureds with a broad range of products through both the Company and Lloyd’s markets and have over 1,700 staff in approximately 65 offices. Liberty Specialty Markets was established in September 2013 bringing together Liberty’s company, syndicate and reinsurance operations into one combined operation, composed of three business units: Commercial, Specialty, and Reinsurance (Liberty Mutual Re). This integrated approach means brokers and clients can benefit from our global reach and operating efficiencies.

Liberty Specialty Markets is part of global insurer, Liberty Mutual Insurance Group, a diversified global insurer, formed in 1912 and headquartered in Boston, Massachusetts. Liberty Mutual is the 5th largest global insurer based on 2017 gross written premium, with over 50,000 employees in 30 countries and economies around the world. Our purpose is to help people embrace today and confidently pursue tomorrow. The promise we make to our customers throughout the world is to provide protection for the unexpected, delivered with care.  We achieve this by offering a full range of personal, commercial, and specialty Property & Casualty insurance coverages. Our customers’ trust has earned us the 68th spot on the Fortune 100 list of largest corporations in the U.S., based on 2017 revenue.

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