Reinsurance News

Liberty Specialty Markets names President of US, Bermuda & LatAm

9th September 2019 - Author: Matt Sheehan

Liberty Specialty Markets (LSM), a division of Liberty Mutual Insurance Group, has announced the appointment of Alexander Montoya as President of LSM – US, Bermuda and LatAm, effective immediately.

Montoya has served as President of Liberty International Underwriters (LIU) Latin America for the past four years, where he was responsible for building the presence of LSM in the region.

He has over 20 years’ experience in specialty lines re/insurance and joined the Liberty Mutual Insurance Group in 2014 as Managing Director of LIU.

Concurrently, LSM announced that Wilhelm Schaugg has joined Montoya’s team as Head of Strategy – US, Bermuda and LatAm, based in Miami.

He previously worked as Head of Commercial Lines & Reinsurance at Liberty Mutual’s Global Retail Markets East.

LSM explained that Schaugg’s new role was created to support the region with strategic planning, marketing, new business analysis and reporting.

“Alex Montoya’s strategic vision, innovative ideas and leadership skills have enabled our operations in Latin America to strengthen and grow,” said Matthew Moore, President and Managing Director of Liberty Specialty Markets.

He continued: “In his expanded role he can use his talent for innovation to help us grow our business across the region. He will lead his team to develop specialised solutions that meet the needs of our customers.

“I’m pleased to welcome Wilhelm to LSM,” Moore added. “His appointment will help drive the future success of the business by evaluating strategic actions to generate profitable growth and enhance customer experience across multiple distribution and service delivery channels.”

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