Gary Gregg, president of Liberty Mutual Agency Markets said the combination brings together exceptional people, products, services and technology to form an insurance powerhouse dedicated to the success of independent agents and brokers. The combined surety operation becomes the second largest in the country. Hughes was previously executive vice president, Insurance Operations for Safeco. Paula R. Reynolds, formerly chairman, president and chief executive officer of Safeco, will be leaving the organization after a short transition period.
Scott Goodby, executive vice president, Agency Markets and president, Regional Companies Group, will continue to lead the commercial lines organization.
Timothy Mikolajewski has been appointed executive vice president, Agency Markets and president, Liberty Mutual Surety. Liberty Mutual is going through a strategic shakeup of its own. Like Mapfre, it too was looking to exit the life insurance business. Online registration for this event is now closed.
If you would like to still register please email msherman bizjournals. We look forward to seeing you on tomorrow! Please Sign In and use this article's on page print button to print this article. Such transactions typically lead to cuts to reduce duplication in back-office operations and other areas. Monfried said Safeco would retain its year-old brand name and continue selling policies through its national network of agents and brokers. Share story.
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