Liberty Specialty Markets (LSM), a segment of Liberty Mutual Insurance Group, has appointed new divisional directors to oversee three newly formed divisions in the UK and the Middle East and North Africa (MENA) region.
The divisions are Marine & Aviation, Specialty and Property, reflecting the company’s response to evolving market conditions.
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Meghan Walker has been appointed to lead the Marine & Aviation division, which encompasses Aviation, Marine Cargo and Ports & Terminals.
Walker brings 13 years of experience at Liberty, having headed the Aviation team since 2020, and has a background in broking with companies like Aon and Lockton.
Mike Burle will take charge of the Speciality division, which consists of Fine Art & Specie, War & Terrorism and Accident & Health.
With 16 years at Liberty, Burle has held multiple roles including Head of Marine, and will continue as deputy active underwriter of Liberty’s Syndicate 4472.
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By GlobalDataThe company further noted that its international property and UK commercial property segments will merge, with the recruitment process ongoing for a new divisional director.
Dermot Walsh, head of Commercial Property, will transition to the role of director of UK Retail, leveraging his 40 years of market experience to enhance the company’s leadership in the UK retail space.
Lewis Edwards will maintain his leadership of the Delegated Authority Practice (DAP), which oversees non-specialty binders across various sectors.
A new Auto-follow business unit will also be set up within the DAP to capitalise on market bifurcation and advancements in algorithmic and digital underwriting.
Edwards joined Liberty in 2018 to develop the UK and International coverholder business and played a key role in launching the DAP in 2022.
LSM UK & MENA region president Luis Prato said: “These changes are designed to help us deliver our strategic objectives and empower our teams to make better and faster decisions.
“By providing greater alignment with our brokers and clients we will be able to do business more effectively and increase our speed to market.”
