Russ MacTough

Russ MacTough is the Managing Director of Liberty Mutual Strategic Ventures (LMSV) at Liberty Mutual Insurance, a position he has held since 2015.14 He leads LMSV, which is a corporate venture capital arm of Liberty Mutual Group focused on investing in innovative technologies and services in the insurance industry.3

Prior to joining Liberty Mutual, MacTough's career included:

• Vice President at Morgan Partners LLC (2013-2015), where he led M&A transactions primarily in the insurance technology sector24
• Director of Strategic Advisory Services at Silicon Valley Bank (2011-2013), where he helped build the bank's advisory services group24
• Various roles at Silicon Valley Bank/SVB Analytics (2007-2011), including Director of Valuations for Software and Internet Software Services1

MacTough holds an MBA from Babson College (2011-2013) and a BS from Boston College (1996-2000).14

In his current role at LMSV, MacTough oversees a $200 million venture capital fund announced in July 2024, which focuses on supporting entrepreneurs in areas such as AI, Data and Automation, Cybersecurity, Energy Transition, and Mobility.3 He has been instrumental in LMSV's active presence in the insurtech market for nearly a decade, investing in companies like August Home, Roadster, Turo, Snapsheet, and Roots Automation.3