Liberty lures Everest leader who just moved from Allianz less than a year ago
Liberty Mutual Insurance is the latest to swoop for an experienced property leader who has switched between Everest Insurance and Allianz Global’s corporate insurance carrier in key positions in the last few years, following regional underwriting experiences gained at AIG, Starr and Progressive. The executive moved back to Everest earlier this year for a “once-in-a-career opportunity” after less than a year at AGCS.
Liberty Mutual Insurance Global Risk Solutions has hired Maria Grace (Pictured) for the newly created role of global product leader, property.
In her new role, Grace will be responsible for the profit and loss of property across the global commercial and specialty re/insurer. She will set global product strategy, monitor the overall performance of the portfolio and partner with the chief underwriting officer supporting each GRS business unit.
Before joining Liberty GRS, Grace served as global chief underwriting officer, property, and head of international property at the Everest Re Group - a role she took less than a year ago. She rejoined Everest in January 2022 from Allianz Group, where she served as global head of property, AGCS, for eight months. Prior to that, she was CUO of property, inland marine and construction in North America at Everest Insurance. Her former roles also include regional underwriting manager at AIG and Starr Companies.
Grace has more than 15 years of experience and expertise in the property space developing, defining and executing regional and global underwriting strategy to this role, where she’ll work to advance GRS’ global property strategy.
Liberty GRS office of underwriting was formed earlier this year to drive results through underwriting excellence, consistent global product strategies and a common view of risk.
“Maria’s appointment completes the Global Product Leader team within the Office of Underwriting, which also includes Global Product Leader, Casualty, Noel MacCarthy and Global Product Leader, Financial Lines, Tom Leahy,” said Moore. “This team joins with other dedicated underwriting professionals to add value to brokers, partners and clients by bringing our global expertise and resources to help better manage complex and emerging risks.”
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