Greg Davenport is a highly accomplished executive in the insurance industry with over three decades of experience driving innovation, operational excellence, and business growth. With a career spanning leadership roles at Liberty Mutual Surety™ and Safeco Insurance, Greg has developed a reputation as a visionary leader, specializing in digital transformation, underwriting, and operational strategy. His strategic initiatives and leadership have played a pivotal role for the surety industry globally and in positioning Liberty Mutual Surety as the largest surety provider in the world.
Serving as the Senior Vice President of e-Business and Agile Development at Liberty Mutual Surety, Greg led transformative initiatives from 2017 to 2024, improving global risk management and reshaping the way the company operates in an increasingly digital landscape. By leveraging digital transformation, AI, and agile methodologies, Greg was instrumental in reducing transaction costs, shortening cycle times, and enhancing both partner and customer satisfaction. His expertise in digital innovation also led to the creation of new workstreams and processes that empowered underwriters and administrative staff, resulting in improved productivity and cost savings.
Prior to this role, Greg served as the Senior Vice President of Global Operations from 2013 to 2017, overseeing critical operational and compliance functions. During his tenure, he successfully implemented international business strategies that improved operational efficiency and compliance across multiple markets. His cross-functional leadership ensured the smooth integration of several acquisitions, enhancing the company’s workforce initiatives and distribution networks. As a result, Liberty Mutual Surety achieved significant cost savings and experienced profitable growth.
Greg’s career at Liberty Mutual Surety began in 2008 when he assumed the role of Senior Vice President of Operations and Strategy. Over the next five years, he executed high-impact business process improvements, establishing the company as a leader in digital transformation and innovation within the surety industry. His hands-on approach in evaluating underwriting, claims, billing, and document management systems ensured that the company remained at the forefront of technology, leading best-in-class implementations that enhanced overall operational efficiency.
Before joining Liberty Mutual Surety, Greg held multiple leadership roles at Safeco Insurance, where he spent nearly 25 years honing his expertise in surety bonds, underwriting, and risk management. As Vice President of Surety Operations from 1997 to 2008, Greg spearheaded efforts to streamline underwriting processes, develop strategic partnerships, and enhance the overall performance of the company’s surety division. His earlier roles at Safeco, including Assistant Director of Contract Surety and Manager of the Northwest Region Contract Surety, laid the foundation for his deep understanding of risk management and insurance operations.
Greg’s leadership style is characterized by a situational approach that fosters a culture of collaboration, empowerment, and openness. He is known for his ability to engage employees, improve retention, and create a positive working environment. His passion for innovation and process improvement is complemented by his commitment to mentorship and talent development, ensuring that teams under his leadership consistently deliver high-performance results.
A graduate of Washington State University with a Bachelor of Arts in Business Administration and Finance, Greg has continuously applied his academic foundation to drive business results throughout his career. His core competencies include business strategy, operations and compliance, digital transformation, risk management, and strategic partnerships. These skills, combined with his vast experience in underwriting and surety, make Greg Davenport a respected leader and innovator within the insurance industry.
Throughout his career, Greg has been recognized for his ability to lead cross-functional teams, manage large-scale projects, and implement successful business strategies that drive growth. His leadership has not only transformed the companies he has served but also helped shape the future of the surety industry. Greg’s forward-thinking mindset and dedication to operational excellence continue to make him a standout figure in the insurance and surety sectors. He has served as Chair of RiskStream Collaborative’s Surety Advisory Committee, the Surety and Fidelity Association of America’s e-Business Advisory Committee, the International Credit Insurance and Surety Association’s Blockchain Working Group, and ACORD’s Surety Subcommittee. Greg has been a featured speaker at surety and construction industry conferences around the world. He’s often quoted in technology and insurance industry publications and participated on podcasts and industry panels.
Character: Greg Davenport exemplifies a commitment to excellence and integrity, leading with a passion for innovation and a dedication to improving industry standards. His career is marked by a proven ability to drive positive change while fostering a collaborative and empowering work environment.
Knowledge: With extensive expertise in digital transformation, business strategy, and operations, Greg has a deep understanding of the insurance industry and global market dynamics. His broad knowledge base includes advanced proficiency in AI, risk management, and process improvement.
Strategic: Greg is renowned for his strategic vision and ability to architect and execute complex initiatives that drive business growth and operational efficiency. His strategic leadership has been pivotal in expanding market reach, optimizing processes, and achieving significant financial results.
Communication: A skilled communicator, Greg excels at articulating complex ideas and rallying cross-functional teams around shared goals. His ability to engage stakeholders, present innovative solutions, and build strategic partnerships has been crucial to his success in transforming business operations.
