BOSTON, Nov. 20, 2019 /PRNewswire/ -- Liberty Mutual
Insurance has appointed Max Libman,
Esquire, Lead Underwriting Consultant, Sharing Economy &
New Mobility, National Insurance.
Libman joins Liberty Mutual's dedicated Sharing Economy &
New Mobility practice, which was launched earlier this year to
capitalize on the insurer's decade-long experience in this
market. The practice combines Liberty's vast commercial and
personal lines expertise to provide a full range of solutions that
help ride-hailing, vehicle-sharing, car subscription and autonomous
vehicle companies better manage the unique risks they face. Given
the structure, sophistication and growth of these companies, risk
solutions require innovative insurance products and services, and
typically involve companies sharing some portion of the
risk.
Libman will work with brokers and buyers to provide custom risk
management solutions, reporting to Liberty Mutual Sharing Economy
& New Mobility Senior Vice President and Chief Underwriting
Officer David Blessing.
Prior to joining Liberty Mutual, Libman was an Innovation
Underwriter at Munich Re Specialty Insurance. He also served
in key underwriting roles at AIG and Marsh. Libman received his
Juris Doctor from Temple
University.
"Max is a great addition to a team focused on transforming
insurance for sharing economy and new mobility companies from a
practical necessity to a competitive advantage," said Blessing. "We
started embracing this sector more than a decade ago, and today
work with some of the leading companies in the space, from Care by
Volvo to Turo, the largest peer-to-peer car sharing platform in the
U.S. Through our expertise and strength as a Fortune 100
multiline insurer, we build custom insurance solutions that provide
effective protection and help our clients attract consumers by
creating more robust, distinct and competitive products."
In addition to Libman - and other underwriting staff -
Blessing's team also includes Steve
Brown, Lead Underwriting Consultant. Brown has over 25
years of experience in underwriting casualty and global risks, and
recently received Liberty Mutual's top employee award for his
sharing economy product innovation.
Supporting Blessing's underwriting team are dedicated and highly
experienced claims, legal, product management, actuarial and risk
control resources.
To help sharing economy and new mobility companies, and the
brokers who support them, better manage the complex risks they
face, Blessing's team partners with them to develop custom
solutions involving:
- Insurance products that help differentiate the company by
making its offerings easier to consume and more desirable to
access
- Marketing and technology programs that enhance the customer
experience and help attract consumers
- Dedicated claims, legal and risk control professionals who
effectively address the unique risks and potential liabilities
inherent in sharing economy and new mobility companies
- The ability to quickly and easily scale risk management
programs as sharing economy and new mobility solutions grow and
evolve
- The latest jurisdictional and compliance requirements
About Liberty Mutual Insurance
Liberty Mutual's purpose is to help people embrace
today and confidently pursue tomorrow. The promise we make to our
customers throughout the world is to provide protection for the
unexpected, delivered with care.
In business since 1912, and headquartered in Boston, Mass., today we are the fifth largest
global property and casualty insurer based on 2018 gross written
premium. We also rank 75th on the Fortune 100 list of largest
corporations in the U.S. based on 2018 revenue. As of
December 31, 2018, we had
$41.6 billion in annual consolidated
revenue.
We employ nearly 50,000 people in 30 countries and economies
around the world. We offer a wide range of insurance products and
services, including personal automobile, homeowners, specialty
lines, reinsurance, commercial multiple-peril, workers
compensation, commercial automobile, general liability, surety, and
commercial property.
You can learn more about us by
visiting www.libertymutualinsurance.com.
Contact:
Richard Angevine
617-833-0926
Richard.angevine@libertymutual.com
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SOURCE Liberty Mutual Insurance