Liberty Specialty Markets (LSM) has promoted Rachael Lukehurst (pictured) to the newly created role of head of private equity.
Based in London, Lukehurst will be responsible for managing the global relationships between LSM and its private equity partners. A release said that she will build out the private equity segment, and work closely with clients and brokers to maintain and develop longstanding partnerships. She will report to LSM head of business development and market relationships Mark Stephenson and Liberty Mutual global private equity and mergers & acquisitions leader Amy Gross.
Lukehurst most recently served as head of revenue transformation for LSM. She has also served as a senior underwriter, and has been with LSM since 2007, when she first joined the company as an assistant underwriter. Lukehurst began her insurance career in 2006 as an assistant loss adjustor with Reynolds Porter Chamberlain.
“We are delighted to announce Rachael’s promotion,” said Mark Stephenson. “She has extensive and varied experience at LSM, working as an underwriter, in business development and with clients and brokers. This places her in prime position to lead the growth in this evolving area of our business.”
LSM is a member of the Liberty Mutual Insurance Group.
Earlier this year, LSM named Huw Owen as its new global head of financial risk solutions. Owen succeeds Peter Sprent who is leaving the insurer this month after 11 years.