Liberty Mutual Unit Appoints Matt Waters Chief Underwriting Officer and Senior Vice President

BOSTON, Massachusetts, June 13 -- Liberty Mutual Insurance Group, an insurance company, issued the following news release:

Matt Waters will lead the areas of Liberty Mutual's National Insurance Specialty unit that provide a full range of primary and excess products to large and mid-size construction and energy companies through brokers.

"Matt will play a key role as we help brokers develop programs that better control the total cost of construction and energy risks by blending effective coverages, unsurpassed risk engineering and industry-leading claims," notes David Perez, executive vice president, National Insurance Specialty. "Closely aligning our construction and energy operations will benefit brokers because each of these vertical markets requires deep industry expertise, as well as the ability to easily draw upon the specialty insurance resources of Ironshore and other areas of Liberty Mutual. In addition, aligning these operations positions us as a single source solution for energy construction projects."

Waters returns to National Insurance Specialty from a stint as chief product & underwriting officer of Liberty Mutual's group disability and life operation, which was recently sold. Prior to that position, he served as chief underwriting officer for National Insurance Specialty - Energy. Waters started with Liberty Mutual in 1997, as a commercial underwriter.