Reinsurance News
Liberty Specialty Markets
Liberty Specialty plans Nordic expansion, promotes Rob Groenen to lead role
30th July 2018
Liberty Specialty Markets (LSM), the London-headquartered unit of Liberty Mutual Insurance Group, has announced plans to underwrite and service more business across Nordic regions from its officer in the Netherlands. Subsequently, former General Manager for LSM’s Netherlands operations, Rob Groenen, has been promoted to the newly-created Head of Benelux and Nordics ... Read the full article
Liberty Specialty expands liability team
20th July 2018
Liberty Specialty Markets, part of Liberty Mutual Insurance, has created two new senior underwriting roles as the firm looks to expand its liability team. Paul Grover, formerly international class subject matter expert with AIG, becomes LSM’s international Casualty Underwriting Manager. Daniel Munro, who was London market Manager at AIG, will serve as ... Read the full article
Liberty Specialty continues European expansion with Ironshore move
10th July 2018
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance (LMI), is to take on Ironshore’s European non-M&A business and staff as the firm continues its expansion efforts on the continent. LMI had previously acquired the global specialty insurer in 2017 for a reported $2.935 billion. The move will see Ironshore’s locally ... Read the full article
Rebranded Liberty reinsurance division launches Italian operation
3rd July 2018
Liberty Specialty Markets (LSM), the London headquartered unit of Liberty Mutual Insurance Group, has rebranded its reinsurance division as Liberty Mutual Re and launched a reinsurance operation in Italy for the first time. The rebrand applies to all aspects of LSM’s reinsurance division, which comprises 180 people in 14 locations. Liberty Mutual ... Read the full article
Liberty Specialty creates new claims dedicated role
4th June 2018
Speciality and commercial insurer Liberty Specialty Markets (LSM) has created a new Claims Manager, Client Relationships position within the organisation, focused on the promotion of claims, promoting Andrew Pedler in the process. Reporting to both Head of Claims Mike Gillett and Head of Business Development Mark Stephenson, the role is a ... Read the full article
LSM introduces Intellectual Property cover for business contracts
2nd May 2018
Liberty Specialty Markets (LSM), a branch of Liberty Mutual Insurance, has developed a new global product that aims to streamline contract negotiations between businesses by covering Intellectual Property (IP) infringement risks. LSM’s new Intellectual Property Contractual Liability Insurance is designed to provide a solution to IP indemnification issues that could potentially ... Read the full article
Liberty announces German Fine Art and Specie, names Senior Underwriter
18th April 2018
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced that it will begin underwriting Fine Art and Specie in Germany, and has appointed Ulrike Janvier as Senior Underwriter, Fine Art and Specie. LSM’s expansion into the German market follows its Fine Art and Specie launches in Netherlands and ... Read the full article
Richard Deguettes joins Liberty Specialty Markets from AIG as General Manager for France
16th April 2018
Liberty Specialty Markets, part of Liberty Mutual Insurance, has named Richard Deguettes as General Manager for France, effective mid-May 2018 and reporting to the firm's Head of Europe, Kadidja Sinz. Deguettes will be based in Paris, France, and brings 25 years of industry experience to the role. He joins Liberty Specialty ... Read the full article
Liberty completes first deal in partnership with World Bank’s IFC
4th April 2018
Liberty Specialty Markets (LSM) has closed its first deal under a new partnership with International Finance Corporation (IFC), a member of the World Bank Group, which sees LSM insure a loan of US $185 million from IFC to Vietnam Commercial Joint Stock Bank (VIB). Last year, LSM agreed to provide unfunded ... Read the full article
Liberty Specialty Markets hires Stephanie de Montricher as Fine Art & Specie Senior Underwriter
22nd March 2018
Liberty Specialty Markets (LSM) has launched Fine Art and Specie underwriting in France with the appointment of Stéphanie de Montricher as Senior Underwriter of Fine Art & Specie. Based in LSM’s Paris office, Stéphanie reports to David Saillen, Head of Fine Arts & Specie for Continental Europe and Didier Robin, Vice ... Read the full article
Liberty Specialty Markets promotes Joanna Hitchcock to Terrorism Underwriter
21st March 2018
Liberty Specialty Markets (LSM) has promoted Joanna Hitchcock to the newly created role of Paris-based Terrorism Underwriter as part of a strategy to grow its European Terrorism account. Hitchcock was promoted from a role as Assistant Underwriter for Terrorism in London. In her new Paris based role, Hitchcock will meet brokers and attend ... Read the full article
Channel Syndicate, Canopius and Liberty form $27bn consortium
6th March 2018
The Channel Syndicate and Canopius are to join Liberty Specialty Markets (LSM) in a $27 billion consortium to provide capacity for LSM’s new electronic trading platform, Toredo. LSM, part of Liberty Mutual Insurance, recently announced the launch of Toredo, its new web-based platform for transacting specialised trade credit insurance for ... Read the full article
Liberty restructures global risk, reinsurance, and specialty operations
1st March 2018
Liberty Mutual has announced the operating structure of its recently formed Global Risk Solutions business, which will consist of specialty, reinsurance, and surety operations. The businesses included in the new arrangement are National Insurance, Global Surety, North American Specialty, and Liberty Specialty Markets (LSM). LSM is to operate all of Liberty’s reinsurance ... Read the full article
Liberty launches electronic trade credit insurance trading platform
12th February 2018
Liberty Specialty Markets (LSM), part of the global Liberty Mutual Insurance giant, has announced the launch of an electronic trading platform for trade credit insurance. Toredo is a web-based platform that will facilitate trading in specialised trade credit insurance for banks, corporates and commodity traders. Using Toredo, underwriters, brokers and Liberty clients ... Read the full article
Liberty Specialty to expand French team & broaden product line
12th February 2018
Liberty Specialty Markets, a division of Liberty Mutual Insurance, has announced plans to grow the size of its French team and broaden the range of product lines underwritten by the unit, as well as plans to make a number of investments in its French business. Liberty Specialty Market's Head of Continental ... Read the full article
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