Liberty seeks to grow ‘flourishing’ delegated authority business

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has created a new delegated authority insurance division intended to bring together its large coverholders, underwriting, governance and management into a single centre of excellence.

The company has promoted Lewis Edwards (pictured) to the newly created role of head of delegated authority practice (DAP). Edwards will report to Mike Gosselin, chief underwriting officer - specialty and Melanie O'Neill, chief underwriting officer – commercial. He will remain based in London.

The DAP is a new division created for LSM’s delegated authority insurance business written in London. It will provide additional service, oversight, and support to delegated authority business embedded in other classes.

In his new role, Edwards will be responsible for leading the development of LSM’s underwriting offering within several lines: specialty binders – property, casualty and EIL, legal indemnities, and large coverholders. The heads of these lines will report directly to Edwards.

At the same time, Edwards will remain responsible for LSM’s accident & health and contingency portfolios. He joined LSM in 2018 and has over 20 years of experience in the industry covering a wide range of roles. Prior to his promotion, he was head of the specialty binders within LSM.

Gosselin said: “I’m delighted that Lewis will lead this new practice. During his time with LSM, he has showed time and again how his experience, ability and skill within this growing line will help further develop our delegated authority business.”

O’Neill added: “Delegated authority business is a flourishing practice within LSM, and our partners will be well served by a leader of Lewis’ experience providing oversight and support.”

Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.