Liberty Mutual Insurance Elects Jeff Dailey and Linda Mantia to the Company’s Board of Directors

BOSTON (Sept. 26, 2024) - Liberty Mutual Insurance President and Chief Executive Officer (CEO) Tim Sweeney today announced that Jeff Dailey, formerly Chairman, President and CEO of Farmers Group, Inc., and Linda Mantia, formerly Senior Executive Vice President and Chief Operating Officer (COO) of Manulife Financial Corporation, have been elected to the company's board of directors.

"We've always been committed to having a strong board of directors that represents a diverse array of professional and leadership experiences, and deep industry and cross-sector knowledge - all aligning to our company's identity and values," said Sweeney. "Both Jeff and Linda are welcome additions to our board, bringing tremendous value and understanding around the challenges and opportunities we face as a top global insurer."

Jeff Dailey Elected to Board of Directors

Dailey is a senior executive with over four decades of extensive insurance industry experience. He most recently served as Chairman, President and CEO of Farmers Group, Inc., a subsidiary of Zurich Insurance Group, from 2011 to 2023. He led the company's transformation to a customer-centric, innovation-focused organization and notably oversaw Farmers' acquisition of MetLife's property and casualty business in 2021.

Dailey was also Farmers' Executive Vice President and President of Personal Lines from 2008 to 2011 and prior to this held roles of increasing responsibility, including President and CEO, at Bristol West Holdings, Inc., which was acquired by Farmers in 2007. Previously, Dailey worked in leadership roles at The Progressive Corporation and began his career at Mutual Service Insurance. He also serves on the board of directors for Verisk Analytics, Inc. Dailey earned his master of business administration from the University of Wisconsin-Milwaukee and bachelor of science in economics from the University of Wisconsin-Madison.

"I'm honored to join the Liberty Mutual Board of Directors. I look forward to working with the Board and Management team and hope my passion and experience will help to drive lasting stakeholder value and contribute to Liberty's continued success," said Dailey.

Linda Mantia Elected to Board of Directors
Mantia held various senior executive roles across the financial services sector, most recently serving as Senior Executive Vice President and COO of Manulife Financial Corporation (operating as John Hancock in the US) from 2016 to 2019. She played a critical role in defining Manulife's corporate strategy and oversaw its innovation portfolio and other corporate functions including Global Operations, Technology, Advanced Analytics, and HR.

Prior to this, Mantia held leadership roles of increasing responsibility at Royal Bank of Canada from 2004 to 2016, including Executive Vice President of Digital Banking, Payments and Cards. Earlier in her career, she worked at the global management consulting firm McKinsey & Company and practiced law at Davies Ward Phillips & Vineberg, LLP. Mantia also serves on the board of directors for Maple Leaf Foods, Inc., Dayforce, Inc., and, until recently, McKesson Corporation. In the community, Linda serves on the board of Sunnybrook Health Sciences Centre and Queen's University. She earned her bachelor of laws from Queen's University and studied commerce at the University of Western Ontario.

"Insurance plays a vital role in helping people feel secure. I am excited to join the board of Liberty Mutual and to support the management team as they pursue their purpose of helping people embrace today and confidently pursue tomorrow," said Mantia.

Liberty Mutual's board of directorsis comprised of highly skilled independent members with a breadth of backgrounds and experiences to help guide the company's overall strategy.

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About Liberty Mutual Insurance
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.

In business since 1912, and headquartered in Boston, today we are the eighth largest global property and casualty insurer based on 2023 gross written premium. We also rank 87 on the Fortune 100 list of largest corporations in the US based on 2023 revenue. As of December 31, 2023, we had $49.4 billion in annual consolidated revenue.

We employ over 45,000 people in 29 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property.

For more information, visit www.libertymutualinsurance.com.

Contact: Liberty Mutual Insurance Public & Media Relations
[email protected]

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