Liberty Financial Risk Solutions announces senior promotions and expands team
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
