Liberty Specialty Markets fills key leadership positions in US & Latin America

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Manuel Moreno as chief underwriting officer (CUO) and Heath Merrill as chief operating officer (COO) for the US and Latin America operations.

Based in Miami, Moreno will be responsible for developing LSM’s position in Latin America while overseeing the regional portfolio. He fills the vacancy left following Ronald Bolaños’s promotion to president of Liberty Specialty Markets – US and Latin America last year.

Merrill will be based in Boston, responsible for delivering the operational strategy to meet the business’ strategic objectives and will manage operations, claims, IT, risk and compliance, marketing and communications. Merrill replaces Thais Kirchner who is retiring in April.

Moreno joins LSM from XS Global where he was CUO. He has over 20 years of experience in the industry, and has worked in the US, Mexico and Colombia.

Merrill was financial officer, international in the Global Risk Solutions Finance team prior to his promotion, a role he had held for around five years. He has over 20 years’ experience in the insurance industry.

Bolaños, president of LSM - US and Latin America, said: “I am delighted Manuel has joined the team. He brings extensive experience as a Broker, Insurer and Reinsurer, along with an in-depth knowledge of clients and their needs. Manuel is a market expert, who acts with integrity, is a team player and is a proactive partner who will engage with all people.”

He added: “Heath is a key addition to our team; he brings considerable knowledge and understanding of Liberty Mutual Group. He will be a great strategic enabler; facilitator; contributor and collaborator to our team. This business challenge will be a great new opportunity for him as we pursue our growth plans.”

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