Dan Robinson, vice-president and managing director of mergers and acquisitions and venture investments at US-based Liberty Mutual Insurance, has been promoted to head of strategy for global retail markets.
He will now be helping set the “broader, long-term strategic direction for Liberty’s $23bn personal and small commercial business in the US,” he said. And in an email added Russ MacTough (pictured) was taking on the whole show at its $150m corporate venturing unit, Liberty Mutual Strategic Ventures.
MacTough, who said he would be at the GCVI Summit in Monterey in January and was a GCV Rising Stars award winner last year, had joined Liberty in July 2015 just after Robinson had set up its Strategic Ventures unit.
The team has invested in seven companies across the connected home, insurtech, sharing economy and mobility sectors, with one, August Home, acquired by Assa Abloy, a holding company behind the Yale lock brand, at the end of last year.