1. Tell us about the history, mission, and values of Liberty Mutual Surety.
Liberty Mutual Surety Spain, a subsidiary of the Liberty Mutual Group, has been operating in our country since 2019. Our mission is to guarantee the faithful performance and proper execution of contracts signed in Spain—both by domestic entities and international companies, with particular attention to those based in the United States. From our headquarters in Spain, we also act as facilitators, providing surety solutions for Spanish companies participating in international contracts, especially those required for operations in the United States. This is made possible thanks to the backing and expertise of our parent company, Liberty Mutual Surety, a global leader in the surety market.
Our main strengths can be summarized as follows:
- Strong financial ratings from leading international agencies: A2 by Moody’s, A (Excellent) by AM Best, and A (Strong) by Standard & Poor’s.
- Operational presence in more than 60 countries, enabling us to offer truly global coverage.
- The ability to provide large surety lines, with over 57 clients holding credit lines exceeding $1 billion.
The importance of surety bonds lies in the fact that they are an essential requirement for the formalization and execution of both public and private contracts. Without this instrument, companies cannot begin their projects—making it a vital component of their business operations.
2. Tell us about your professional background and your current role at Liberty Mutual Surety.
My professional career began 30 years ago at the U.S. insurance company Travelers. Over the years, I have developed my career at various American firms in the sector, such as HCC and AmTrust, before joining Liberty in 2019. I currently serve as Country Manager of Liberty Mutual Surety Spain, where I lead the brand’s expansion at the local level. My primary responsibility is to provide specialized surety services and advisory support to Spanish companies with interests in the United States and other regions, as well as to U.S. and international companies operating in Spain.
3. What do you consider to be the main differentiating factor or the aspect you are most proud of within your organization?
Our main added value and key differentiator can be summarized as follows:
- Strong financial stability, supported by high ratings from leading international agencies.
- An agile and efficient international service, capable of adapting to our clients’ needs across different parts of the world.
- Deep knowledge and extensive experience in complex surety markets such as the United States.
- Large bonding capacity, which allows us to serve as a comprehensive solution for many of our clients.
4. Why are Spain and the United States important markets for your company?
Spain is a key destination for U.S. investments in sectors such as distribution, logistics, energy, data centers, and pharmaceuticals. All these companies require surety solutions to ensure the proper execution of their contracts and projects in the country. Conversely, major Spanish groups in energy, construction, and engineering, among others, undertake significant projects in the United States—a highly complex market where bonding requirements can reach up to 100% of the contract value. Faced with these challenges, these corporate groups turn to Liberty Mutual Surety for capacity, expertise, and specialized service. This enables us to build strong, long-term partnerships that contribute to the success of their international operations.
5. Why did you choose to become a member of AmChamSpain?
We decided to join AmChamSpain because we see it as a strategic platform to strengthen commercial ties between Spain and the United States. The Chamber provides access to valuable resources, networking opportunities, and events that promote the exchange of knowledge and best practices. It also allows us to stay informed about regulatory developments and market trends relevant to our industry, while actively contributing to the creation of a competitive and collaborative business environment.
