Liberty Mutual Insurance Co. on Thursday promoted Matthew Moore to president of underwriting at its Global Risk Solutions division and named former Travelers Cos. Inc. executive Susanne Figueredo Cook as chief operating officer of the unit.
The newly created positions are effective May 2, and both executives will report to Neeti Bhalla Johnson, who last year was named president of Global Risk Solutions, which includes the insurer’s mid-sized to large commercial business.
Previously, London-based Mr. Moore was president of Liberty Specialty Markets. He will be succeeded by Phil Hobbs, deputy managing director of the specialty unit. Ms. Figueredo Cook was senior vice president and global head of operations at Travelers.
In a statement, Ms. Bhalla Johnson said: “We’ve made progress in working collaboratively across our business yet acknowledge more work needs to be done.”
The new appointments are part of the unit’s integrated operating model designed to make it easier for brokers and policyholders to access the insurer’s offerings and expertise, she said.
David Perez, chief underwriting officer at Global Risk Solutions, will remain in his position until he retires at the end of June.