Liberty Mutual unveils new cyber unit and global strategy

Liberty Mutual Insurance has formed a Global Risk Solutions (GRS) Global Cyber Office and the appointment of respected experts to key leadership roles.

GRS Insurance Solutions President Liz Geary leads the office pending the appointment of a global head of cyber, who will report to her.

“Cyber is among the most complex risks facing companies,” said Geary. “And it is that very complexity that lets us add true value to risk managers and brokers. Our newly created office and leaders align and elevate our expertise in cyber underwriting, product, claims, and risk prevention and mitigation to provide a global platform helping companies better address this critical risk.”

Appointments to Liberty Mutual’s new Global Cyber Office leadership team include: Dan Frusciano (pictured), North America head of cyber underwriting, who is responsible for overseeing cyber underwriting strategy for US, Canada, and Bermuda; Matthew Hogg, global cyber product leader; Derrick Lewis, global head of cyber advisory services; and Ivonne Staisch, Liberty Mutual Reinsurance head of cyber underwriting.