Liberty Specialty Markets (LSM) Announces New Leadership
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Daniel Unstad as Head of Liberty Nordics, effective immediately. With 25 years of experience in insurance and surety, Unstad will now lead the region’s strategic direction. According to LSM, he will also oversee the development of a combined surety and insurance team and establish Oslo as the underwriting and distribution hub for the Nordic region.
Leadership and Strategic Direction
He will report to Roland Richter, Regional Executive & Sr. Vice President Head of Surety – EMEA, and Rob Groenen, General Manager, LSM Benelux & Nordics. Groenen commented, “I am extremely pleased to welcome Daniel to this highly significant new role. His extensive experience and expertise will help deliver a powerful combined insurance and surety proposition to the Nordic markets. This will help drive our growth ambitions while effectively addressing the rising needs of our clients across the region.”
Previous Experience and Goals
Unstad previously served as Liberty’s head of surety in Norway, a position he retains, and before that, he was COO of MGA House of Guarantees, which was acquired by Liberty Mutual in 2024. According to LSM, his appointment underlines its ambitious growth plans for the Nordics, having identified considerable potential due to heightened volatility in recent years driving increased demand from corporate buyers.
Strategic Importance
“The region is further strategically important to LSM’s broader European expansion plans, with Unstad key to achieving sustainable, long-term Nordic growth,” the firm added.
