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Liberty International Underwriters Broadens Construction Capabilities

12 May, 2009 WorkersCompensation.com

                               
New York, NY (CompNewsNetwork) - Liberty International Underwriters, a division of Liberty Mutual Group, has named Tim Kania as senior vice president of construction for its North and South America operations.
 
"One of the key initiatives for our U.S. operations for 2009 and beyond is to write more construction business, especially energy-related projects," said David Cohen, president of Liberty International Underwriters U.S. "While we already have a leading capacity for construction and energy risks, Tim will work with brokers to further expand the classes of business we write, helping brokers place a wider range of their clients' business."
 
An insurance executive for more than 20 years, Kania is a licensed professional engineer with the hands-on experience to understand exactly what clients deal with on their projects. His experience and technical approach help him develop programs and underwriting protocols that realistically address clients' needs. 
 
"Tim is working in conjunction with our Marine, Energy and Construction units to bring creative solutions to the market driven off the existing relationships we have on our current Energy portfolio," Anthony Carroll, executive vice president for first party lines at Liberty International Underwriters.
 
Working with the LIU construction team, Kania will focus on the Energy and Heavy Industries segments as well as Construction-All-Risk projects.
 
"There is not just one way or one right answer to help solve an insured's coverage needs," said Kania. "You have to keep an open mind, and that's what we do at LIU. Brokers and their clients benefit from our underwriters' engineering expertise and we respond in a timely fashion with an appropriate solution that addresses the technical aspects of a project."

About Liberty Mutual Group
 
Boston-based Liberty Mutual Group is a diversified global insurer and fifth largest property and casualty insurer in the U.S. based on 2008 direct written premium.  The Company also ranks 86th on the Fortune 500 list of largest corporations in the U.S. based on 2008 revenue.  As of December 31, 2008, Liberty Mutual Group had $104.3 billion in consolidated assets, $94.2 billion in consolidated liabilities and $28.9 billion in annual consolidated revenue.
 
Liberty Mutual Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, assumed reinsurance, fire and surety.

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