Liberty Specialty Markets appoints new Chief Financial Officer
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Steve McMurray as Chief Financial Officer (CFO). He takes on the new role with immediate effect.
Commenting on the appointment, Matthew Moore, President and Managing Director of Liberty Specialty Markets said: “I am delighted that Steve is joining Liberty Specialty Markets. His experience will be used to drive our finance capability across the LSM group and he will make a significant contribution in ensuring LSM achieves its ambition to become a high-performing financial services organisation of the future.”
Prior to joining LSM, Steve was CFO for BGC Partners Inc, a leading global brokerage business. He brings a wealth of experience from across multiple industries including insurance, having spent nine years at MS Amlin.
Steve will report to Matthew Moore, President and Managing Director, Liberty Specialty Markets and Frank Robinson, Chief Financial Officer, Global Risk Solutions.
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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