Liberty International Underwriters, a part of Liberty Mutual Group, has launched a global crisis risk management initiative that introduces new products with response service capabilities and expands the reach of its existing crisis management products underwritten in London, UK.
According to Liberty International Underwriters (LIU), its new products include kidnap, ransom and extortion; contaminated products; and product recall. These products, along with the trade credit, political risk, and terrorism products currently underwritten by LIU Europe and Liberty Syndicates, will be offered via LIU’s global platform.
Gordon McBurney, president of LIU, said: Our internal and external experts work with brokers and their clients to develop relevant strategies to help avoid and, if necessary, manage a major crisis. With the appointment of Louis Lubrano, senior vice president of global crisis management, we can provide our clients with state of the art crisis management products and services.