Liberty Specialty Markets promotes Huw Owen to Global Head of Financial Risk Solutions
Authored by Liberty
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announced the promotion of Huw Owen to the role of Global Head of Financial Risk Solutions (FRS), effective immediately. Owen reports to Rachel Conran, Chief Underwriting Officer, and is based in London.
Owen is responsible for the continued strategic development of the global FRS team. He will work closely with clients and brokers to deliver LSM’s leading, tailor-made underwriting solutions to global corporate and financial institutions. He takes over from Peter Sprent, who has served at LSM for 11 years and is leaving to pursue personal interests. Owen will work closely with Peter to ensure a smooth transition before his departure in late March.
“I am very pleased to be appointed Global Head of FRS. We will continue to prioritise providing tailored credit and political risk solutions to meet the varied risk distribution needs of our clients and brokers. And focus on a high-performance culture, underwriting expertise and data-driven decision making and portfolio management. I look forward to working across our global network to grow our business offering,” said Huw Owen.
“We’re thrilled to announce Huw’s promotion. He has been instrumental in developing LSM’s growing product capabilities over the past 11 years to the global player it is today.” said Rachel Conran. “Peter has our deep gratitude for his role in building the FRS business and we wish him the very best for his future.”
Owen joined LSM in 2012 as Head of London Markets for FRS and has since held a number of roles within the team, most recently as FRS Chief Underwriting Officer. Prior to joining LSM, Owen was Senior Underwriter at Zurich Financial Services. He brings more than 20 years of industry experience to the role.
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.