Liberty Leaders Earn Prestigious Recognition in the Insurance Global 100 2024

Liberty Specialty Markets (LSM) and Asia Retail Markets (ARM), both part of Liberty Mutual Insurance Group, are delighted to announce Phil Hobbs and Mike Abdallah’s inclusion in the prestigious Insurance Global 100 2024, a comprehensive roundup that highlights the best in the industry.

As an impartial authority in the insurance sector, Insurance Business conducted an exhaustive research study to identify and showcase the industry's top performers. In this thorough assessment, both Phil Hobbs and Mike Abdallah have emerged as distinguished contributors to the industry.

Insurance Business’ 30+ strong Intelligence Unit determined the winners by following a rigorous process, which included interviewing objective industry professionals, and conducting extensive research.

Phil Hobbs, President and Managing Director, LSM and ARM said, “I am very proud of the recognition, but it is not down to me as an individual. The pride is in the collective effort of my global team. When I look at our recent achievements it is not necessarily the awards or accolades that stand out but the response we get from our partners and clients. 

“We are in a perfect position to deliver for our global client base, having established ourselves as a leading international player across London, Continental Europe, MENA, Asia Pacific and Latin America.”

Mike Abdallah, President and Chief Underwriting Officer, LSM, Asia Pacific, said, “Our goal has always been to provide consistent value-added solutions for our business partners over the long term and be an employer of choice for our people. We have achieved these goals and receiving this recognition in my 25th year with Liberty is quite special. 

“Our journey for sustained, organic, profitable growth began in 1999 when we obtained our licence in Sydney – we now have operations throughout the Asia Pacific region. We’re a stable partner and have grown to insure organisations of all shapes and sizes. This recognition is as much for our staff, brokers and clients as it is for me – our histories are entwined and together we’ve worked for mutual advantage.”

Chris Sweeney, Managing Editor for Special Reports at Insurance Business, shared his insights on the selection process, stating, "It was inspiring to see so many talented and driven professionals operating in the industry from across the globe. Phil Hobbs and Mike Abdallah fully deserves this honor for being high achievers, driving growth and innovation along with leading the insurance industry into a new era.”

This recognition underscores Phil Hobbs and Mike Abdallah’s dedication to industry excellence and its continued commitment to delivering exceptional results.