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BOSTON—Liberty Mutual Group is consolidating its specialty construction underwriting practice, naming James E. Conroy senior vp and chief underwriter to head the division.
The division will underwrite all middle-market and large account construction-related risks submitted to the Liberty Mutual Commercial Markets strategic business unit, the company said in a statement.
Prior to his new position, Mr. Conroy was responsible for underwriting large construction risks—those with annual insurance programs valued at more than $1.5 million—for Liberty Mutual Commercial Markets. Before joining the Boston-based insurer in 2003, Mr. Conroy held a variety of senior construction risk underwriting, surety and loss control positions.
“The newly consolidated construction underwriting operation lets agents and brokers access our specialized knowledge of construction risk and local decision making throughout Commercial Markets’ account-size spectrum,” Mr. Conroy said in the statement. “It will also build our construction specialty presence in field offices, better aligning us with our agents and brokers.”
BOSTON—Liberty International Underwriters, the global specialty lines division of Liberty Mutual Group Inc., has opened an excess and surplus property operation office in Los Angeles to better serve West Coast wholesale brokers, the Boston-based company said Tuesday.