Kevin H. Kelley, a respected figure in the insurance industry and retired vice chairman of Liberty Mutual’s Global Risk Solutions business, has passed away.
“We were deeply saddened to learn of Kevin’s passing and extend our heartfelt condolences to his family,” said Liberty Mutual Chairman and CEO Tim Sweeney.
Mr. Kelley’s career spanned decades, marked by leadership roles that shaped the insurance landscape. He joined Lexington, the surplus lines unit of American International Group (AIG), in the early years of his career and was named CEO in 1987 at just 36 years old. Under his guidance, Lexington became a leading excess and surplus lines insurer in the United States.
In 2008, Mr. Kelley took on the role of chairman and CEO at Ironshore, a newly launched specialty insurer, leading the company until its acquisition by Liberty Mutual in 2017.
A Boston native, Mr. Kelley grew up in West Bridgewater, Massachusetts, and attended Cardinal Spellman High School in Brockton, where he later served as chairman of the board of trustees. He earned his business administration degree from Boston University in 1972.
In recognition of his contributions to the industry, Mr. Kelley was honored with the 2020 Business Insurance USIA Lifetime Achievement Award.
“Throughout his long and distinguished career, Kevin demonstrated exceptional leadership and innovative thinking. His legacy will continue to inspire and influence many within Liberty Mutual and across the industry for years to come,” Sweeney added.
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