Liberty unveils new president of US & Latin America

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Ronald Bolaños to president, US & Latin America, which encompasses specialty insurance and facultative reinsurance.

He replaces Alex Montoya who has become chief operating officer for Liberty’s Global Risk Solutions North America division.

Based in Miami, Florida, Bolaños will be responsible for growing LSM’s footprint across the region by leading his team to develop specialised solutions that meet customer needs.

Bolaños was previously chief underwriting officer for LSM Latin America. He has over 20 years’ experience in the re/insurance industry. He joined Liberty in 2012, having previously worked at Validus and AIG.

Bolaños has worked in São Paulo, Santiago and Miami in a variety of senior roles in risk and underwriting in the energy sector and has a proven track record of delivering incremental revenue and building market share in the Latin American markets.

Matthew Moore, president of LSM, said: “I am delighted that this key role has gone to such a talented internal candidate. He brings professionalism and energy to everything he does. Ronald has great knowledge of our markets and clients, a global mindset and a technical understanding of this business.”