Daniel Unstad previously served as head of surety in Norway for Liberty Specialty Markets.
Liberty Specialty Markets (LSM) has announced the appointment of Daniel Unstad as head of Liberty Nordics, effective immediately.
Based in Oslo, he will report to Roland Richter, regional executive, senior vice president and head of surety for Europe, Middle East and Africa, and Rob Groenen, general manager, LSM Benelux & Nordics.
Unstad (pictured) brings 25 years of insurance and surety experience to his new role and will be responsible for developing the strategic direction in the region.
He will also oversee development of a combined surety and insurance team and establish Oslo as LSM’s underwriting and distribution hub for the Nordic region.
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 LSM’s parent, Liberty Mutual, in 2024.
The insurer said his appointment underlines LSM’s ambitious growth plans for the Nordics, having identified considerable potential due to heightened volatility in recent years driving increased demand from corporate buyers.
The company added that the region is strategically important to its broader European expansion plans, with Unstad’s role key to achieving sustainable, long-term Nordic growth.
“I am extremely pleased to welcome Daniel to this highly significant new role,” Groenen said. “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.”
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