Liberty Mutual Insurance reaches “important chapter” with leadership shuffle

Liberty Mutual Insurance reaches “important chapter” with leadership shuffle | Insurance Business

Liberty Mutual Insurance reaches “important chapter” with leadership shuffle

Liberty Mutual Insurance has announced key executive appointments in a move marking “an important chapter for the company,” according to chairman and chief executive David Long.

“These new executive leadership appointments better position us now and in the future as a leading global insurer and will help us capitalize on opportunities across our businesses,” stated the CEO.

“I continue to be extremely proud of the commitment shown by our employees and leadership to accelerate innovation, prioritize digital-first and data-driven results, and harness our full resources to provide excellent service to our customers around the world.”

Below are the details of the leadership shake-up, which comes ahead of Dennis Langwell’s retirement at the end of 2021. The appointments are effective on July 01.

Name

Old position

New position

Tim Sweeney

President, Global Retail Markets

President, Liberty Mutual

Neeti Bhalla Johnson

President and chief investment officer, Liberty Mutual Investments

President, Global Risk Solutions

Jim MacPhee

President and chief operating officer, Global Retail Markets US

President, Global Retail Markets

Vlad Barbalat

Executive managing director and co-head of strategy & asset allocation, Liberty Mutual Investments

President and chief investment officer, Liberty Mutual Investments

Dennis Langwell

President, Global Risk Solutions

Vice chair, Liberty Mutual Insurance Operations

 

“I’d like to thank Dennis for the extraordinary contributions he’s made at the company and in the industry over his remarkable career,” added Long.

“Not only did Dennis lead tremendous growth for Liberty Mutual during numerous roles and across multiple functions, he’s also been instrumental in our diversity, equity, and inclusion efforts as a champion for our employee resource groups. I am personally grateful for his counsel and friendship and we wish him the very best.”

Langwell, meanwhile, said it’s “a true honor” to have been part of Liberty Mutual for more than two and a half decades.