Liberty Mutual Insurance announced the continued growth of its Middle Market Life Sciences practice, first launched in June 2024. The company expanded the practice with a dedicated leadership team focused on underwriting, claims, and risk control. Tory Agnich, Global Risk Solutions Chief Underwriting Officer, Middle Market Life Sciences, leads the practice.
The expansion strengthens Liberty Mutual’s ability to deliver multi-line products and services designed to scale with life sciences companies from research and development through established market presence. The company pairs underwriting with specialized claims and risk control services to address the complex and specialized needs of the life sciences sector.
Leadership Expansion and Strategic Focus
According to Agnich, the practice has grown significantly over the past year and a half.
“Building the Middle Market Life Sciences practice over the past year and a half has been an exciting time. Now that we have talented leaders in place with vast expertise in the sector, I’m looking forward to the new advancements we can achieve and the next stage of our journey,” said Agnich. “This team is passionate about the work we’re doing to support the companies fueling the innovations of products and technologies used by our healthcare systems to diagnose, treat, and prevent disease. With a new product set to launch this spring, this is only the start of an exciting chapter for Liberty Mutual and the specialized risk management capabilities we’ll be providing to the Life Sciences community.”
The leadership team brings more than 100 years of combined experience across biologics, medical devices, pharmaceuticals, dietary supplements, digital health technologies, and clinical trials. In addition, the team has experience navigating the industry’s regulatory environment.
New Leadership Appointments
Liberty Mutual named four leaders to key roles within the Life Sciences practice:
- Dan Andrews, Senior Underwriting Manager, brings more than 20 years of industry experience. He has a track record of growing portfolios and strengthening broker and agent relationships. He will help shape and execute the practice’s strategic vision ahead of upcoming product launches.
- Megan Kriegstein, Vice President of Life Sciences Claims, joins with experience in life sciences claims and pharmaceutical product liability litigation. She will lead the life sciences claims functions and deliver tailored solutions.
- Adam DeCarolis, Product Director for Risk Control – Life Sciences, combines his background as a licensed pharmacist with compliance expertise. He will guide risk management and mitigation strategies.
- Aaron Wall, Technical Director for Risk Control – Life Sciences, brings experience connecting technical insights to practical, risk-reducing actions for clients.
Products and Services for the Life Sciences Sector
The Life Sciences practice offers multi-line insurance products and services that support companies as they grow and evolve. Liberty Mutual integrates underwriting, claims, and risk control expertise to provide complete solutions tailored to the life sciences industry.
About Liberty Mutual Insurance
Liberty Mutual believes that progress happens when people feel secure. For more than 110 years, the company has provided protection for the unexpected and delivered services with care to help people and businesses embrace today and pursue tomorrow confidently.
Liberty Mutual is a Fortune 100 company with more than 40,000 employees in 28 countries and economies. It ranks as the ninth largest global property and casualty insurer and generates more than $50 billion in annual consolidated revenue.
The company operates through three strategic business units:
- US Retail Markets provides auto, home, renters, and other personal and small commercial property and casualty insurance to individuals and small businesses nationwide.
- Global Risk Solutions delivers commercial and specialty insurance, reinsurance, and surety solutions to mid-size and large businesses worldwide.
- Liberty Mutual Investments deploys more than $100 billion of long-term capital globally to drive economic growth, power innovation, and support Liberty Mutual’s commitments.
For more information, visit www.libertymutualinsurance.com.
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