Liberty Mutual Launches Global Infrastructure Solutions Practice to Lead in Fast-Growing Sector
With global infrastructure construction spending expected to surpass $7 trillion by 2028 — spanning critical sectors such as roads, renewable energy, data centers, and more — the need for sophisticated and integrated insurance solutions has never been greater.
To meet this demand, Liberty Mutual Insurance has launched a new Infrastructure Solutions practice that unlocks specialized industry capabilities across underwriting, claims, risk engineering, and service to deliver comprehensive solutions that clients need to build and operate complex infrastructure projects.
The Infrastructure Solutions practice will encompass construction through physical, digital, and energy projects, as well as other large civil and technical construction work. Global Risk Solutions (GRS), Liberty’s global commercial, specialty insurance, reinsurance, and international personal lines arm, is uniquely positioned to meet this demand, currently serving 80 of the top 100 ENR contractors.
“We are at a pivotal moment in global infrastructure, and Liberty is uniquely positioned — with scale, breadth, and underwriting specialization — to stand with clients on their most complex, long-term projects. With Infrastructure Solutions and this talented leadership team, we are mobilizing to lead globally in infrastructure risk management,” said Neeti Bhalla Johnson, president of GRS.
Supporting this vision, Liberty has created and appointed two senior leadership positions:
• Douglas Schrift - Global Head of Infrastructure. Schrift will lead the new practice, serving as its external face with brokers and clients and driving account-level strategies across product lines. He brings more than 25 years of executive experience across contractor, brokerage, and carrier roles to advance performance security solutions in the construction industry, most recently as chief underwriting officer, Subcontractor Default Insurance, Liberty Mutual Surety.
• Manuela Baroncini - Global Technical Lines Leader. Baroncini will guide Liberty’s specialized energy and construction underwriting globally, with a focus on first-party property and builder’s risk coverage. A mechanical engineer with more than 20 years of experience, she was previously global head of engineering and construction at Swiss Re Corporate Solutions, leading their portfolio and growth strategy, including renewable energy.
Liberty Mutual believes progress happens when people feel secure. For more than 110 years they have helped people and businesses embrace today and confidently pursue tomorrow by providing protection for the unexpected and delivering it with care. A Fortune 100 company with more than 40,000 employees in 28 countries and economies, they are the ninth largest global property and casualty insurer and generate more than $50 billion in annual consolidated revenue. They operate through three strategic business units: U.S. Retail Markets, providing auto, home, renters, and other personal and small commercial lines property and casualty insurance to individuals and small businesses countrywide; Global Risk Solutions, delivering a full range of comprehensive commercial and specialty insurance, reinsurance and surety solutions to mid-size and large businesses worldwide; and Liberty Mutual Investments, deploying more than $100 billion of long-term capital globally across its integrated platform to drive economic growth, power innovation and secure Liberty Mutual’s promises.
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