Liberty Mutual
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Liberty Mutual expects $550mn in Helene losses versus Milton’s $250mn-$350mn. -
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She replaces interim COO Kirk Maddern, who retires at the end of the year.
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Sources said LSM head of third party in Miami Humberto Pozo will serve as interim head of distribution.
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The LSM London COO and London reinsurance COO are due to depart.
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The executive has spent 35 years in the London market.
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Staff movement in energy has been more active than any other class of business this year.
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Julie Haase currently serves as COO of Liberty Mutual Investments.
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The executive said that more sophisticated use of data could optimise a portfolio.
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The flurry of London market PVT hiring continues.
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Daniel Fulco has spent nearly 12 years at LSM.
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Recent contingency losses reflect a willingness of the market to go looking for premiums.
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