#USA #Boston #Liberty Mutual #Compliance Officer #Nicole Arangio

Liberty Mutual Insurance Announces New Leadership

In a significant move within the corporate landscape, Liberty Mutual Insurance is set to welcome a new Executive Vice President and Chief Compliance Officer. Nicole Arangio will assume this crucial role starting April 1, 2025, succeeding Karen Morton, who has announced her retirement at the end of March 2025.

Nicole Arangio: A Proven Leader

Nicole Arangio has been a prominent figure at Liberty Mutual since she joined the company in 2000. Over her impressive 25-year tenure, she has held various leadership positions, with her most recent role being the Chief Compliance Officer for the Global Risk Solutions division. In this capacity, she successfully managed compliance activities across the company’s international operations, ensuring that the organization adheres to legal and ethical standards.

Arangio's extensive experience encompasses overseeing financial crimes, developing compliance education, and spearheading the creation of the compliance enablement team. Her proactive approach and exceptional leadership skills have solidified her status as a trusted advisor within the organization.

In her new position as Chief Compliance Officer, Arangio will be responsible for shaping the compliance strategy that aligns with Liberty Mutual’s growth and operational goals. Tim Sweeney, Liberty Mutual's President and CEO, expressed confidence in her abilities, stating, "Nicole is a trusted advisor with an ability to forge deep relationships to bolster an enterprise view of compliance that advances and protects our company."

A Fond Farewell to Karen Morton

As Arangio prepares to take the helm, current Chief Compliance Officer Karen Morton leaves behind a legacy of impactful leadership. Morton, who has dedicated nearly two decades to Liberty Mutual, held multiple roles, including Deputy General Counsel for the Litigation and Coverage Group.

Under her stewardship, the compliance team adopted a unified global strategy that significantly enhanced the company's legal framework. Morton was also instrumental in creating the award-winning Liberty Legal Academy, fostering a culture of legal education within the organization. Tim Sweeney acknowledged Morton’s substantial contributions, noting, "Karen has been a vital member of the Liberty Mutual leadership team, significantly shaping the company's legal and compliance functions over the last 20 years."

Looking Ahead

As Liberty Mutual embarks on this leadership transition, the company remains committed to maintaining a culture of compliance and integrity. Arangio’s appointment not only reflects the company's dedication to ethical operations but also signifies a forward-thinking approach to compliance leadership. She is poised to build on Morton’s work and ensure that Liberty Mutual continues to thrive in a complex regulatory landscape.

With a Bachelor of Arts degree from the College of the Holy Cross and a Juris Doctor, cum laude, from Suffolk University Law School, Arangio's educational background further complements her extensive experience. Additionally, she is a founding leader and co-executive sponsor of WE@Liberty, an employee resource group dedicated to supporting women within the organization.

Liberty Mutual, established in 1912 and headquartered in Boston, is the eighth largest global property and casualty insurer as of 2023, underpinning its robust presence in the insurance industry. The company is dedicated to providing comprehensive protection for its clients while ensuring a secure and compliant operating environment.

This transition marks a new chapter for Liberty Mutual, as it continues to adapt and evolve in the ever-changing landscape of business and compliance. The upcoming months will be crucial as Arangio leads the compliance efforts and navigates the organization through this significant change.