Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the appointment of Ronald Bolaños to the role of Chief Underwriting Officer (CUO). He will report to both Matthew Moore, President of Underwriting, Global Risk Solutions (GRS) and Phil Hobbs, President and Managing Director, LSM.
Manuel Moreno becomes President, LSM, US and Latin America, while maintaining his existing role of CUO, LSM US and Latin America. In his new position, Moreno reports to both Bolaños and Hobbs. Bolaños and Moreno will remain based in Miami and the appointments are effective immediately.
Bolaños will be responsible for driving high performance underwriting across all LSM products. His focus is on leveraging global expertise and resources to meet the complex risk needs of LSM’s clients and broking partners.
Moreno will lead the continued high-performance of LSM in the US and Latin America. He will be responsible for building on existing and developing new partnerships in the region.
Phil Hobbs said: “Many congratulations to Ronald and Manuel on their promotions. Both combine great leadership skills and in-depth technical ability. Ronald has led LSM’s US and Latin America business since 2020 and has built a strong, market-leading team. His underwriting expertise and significant business and market knowledge make him the ideal candidate for LSM CUO.
“As CUO Manuel has delivered excellent underwriting results and an in-depth understanding of the diverse market in the region. He is perfectly placed to continue LSM’s growth and development in the US and Latin America. Both appointments demonstrate LSM’s commitment to delivering for our partners.”