Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has named Christoph Paeßens, formerly of AXA XL Germany, as Professional Indemnity (PI) Underwriting Manager for Germany, effective immediately.
In his new role, Paeßens will be based in Cologne, Germany, reporting to Interim Country Manager Angelika Gasser, and Head of PI for Europe, Valérie Baucher.
Paeßens will be tasked with leading the company’s PI team with a focus on broadening and growing its portfolio of business.
He joins Liberty Specialty Markets from AXA XL Germany, where he served as Corporate Solutions’ Chief Underwriting Officer (CUO) for Financial Lines.
Pierre-Edouard Fraigneau, Liberty Specialty Markets’ CUO for Europe, commented: “Christoph is a very welcome addition to our team and will play an important role in growing our European presence. He brings over 25 years’ experience in the PI market at both national and international level.
“He also has a strong track record of leading underwriting teams and developing client relationships.”