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19 July 2022Insurance

Liberty Mutual swoops for TransRe leader to accelerate transformation

Liberty Mutual Insurance has brought in a senior leader from TransRe for the new position of president of insurance solutions with a focus on building and scaling its capabilities in the emerging and complex risks space, and accelerating the transformation of the business.

Elizabeth Geary (pictured) will join the company's Global Risk Solutions (GRS) business in late August, reporting to GRS president of underwriting Matthew Moore.

Geary joins  Liberty Mutual from TransRe, where she served in a dual role as president, global portfolio management, and chief underwriting officer, North America, balancing both transactional and portfolio experience. Prior to that, she was the company’s global head of cyber.

Geary has a vast experience in portfolio optimisation, cycle and volatility management, data and analytics, and managing underwriting teams in complex lines. In her new role, she will be responsible for building teams specialising in addressing customers’ emerging risks, including cyber and energy transition, in a rapidly changing environment. She will work closely with global brokers and GRS underwriting leaders to understand and stay ahead of global risk trends, while looking for opportunities to build and scale new capabilities to deliver solutions to customers in a timely, consistent manner.

“Our vision is to provide holistic solutions to our customers through a purposeful portfolio of product and risk expertise while delivering consistent underwriting profitability through the cycle,” said Moore. “We are thrilled to have Elizabeth join our team, as she brings the rare mix of skills and experience necessary to deliver enhanced global capabilities to our customers and underwriters as they adapt to dynamic and emerging risk environments.”

GRS president Neeti Bhalla Johnson added: “A high-performing team and culture is critical to ensure successful execution of our operating model that seeks to bring global expertise, coordination and differentiated value to every client interaction. Elizabeth’s proven leadership, market reputation and technical expertise will undoubtedly accelerate our transformation. We are excited to have her onboard.”

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