Liberty Mutual has appointed Marc Orloff as the new president of its Global Risk Solutions (GRS) North America business, effective from 1 January 2025.
Orloff will take over the role from Kevin Smith, who is set to retire at the end of 2024, and will report directly to GRS president Neeti Bhalla Johnson.
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In this new role, Orloff will be responsible for the financial and operational performance of GRS North America.
Kevin Smith, the outgoing president, has been with Liberty Mutual since 2022 and has contributed to the company’s financial and operational success.
Smith will continue to serve in an advisory capacity, reporting to Bhalla Johnson and maintaining relationships with key clients and broker partners.
Orloff joined Liberty Mutual in 2011 and has since held various leadership roles within the company. He is currently serving as president of GRS North America, Middle Market.
Before his tenure at Liberty Mutual, Orloff spent ten years at Travelers Insurance.
Current GRS North America Middle Market chief underwriting officer Dieter Korte will assume the additional role of interim president GRS North America Middle Market as Orloff transitions into his new position.
Bhalla Johnson said: “Both Marc and Kevin are tremendous leaders with deep underwriting experience, meaningful relationships with key brokers and clients, and unique insights across our North America business segments.”
Orloff said: “I am incredibly pleased with the progress we have made in North America and grateful to Kevin for his ongoing leadership and counsel. Looking ahead, my priority will be to continue our underwriting-led culture, focusing on intentionally shaping our portfolio, driving specialisation across the markets we choose to compete in, and leaning into the depth and breadth of our expertise to seamlessly enable products for our broker and client partners.”
Smith said: “Since joining Liberty Mutual, I have been impressed by the strength of our organisation and underwriting talent, who are committed to capitalising on the extensive capabilities we have developed and delivering for our brokers and clients. I am extremely confident Marc and the dedicated North America team will drive our business forward and capture the opportunity ahead of us.”
