Reinsurance News
Liberty Specialty Markets
Liberty Specialty Markets adds Charlie Bragg to Marine Liability team
16th November 2018
Liberty Specialty Markets (LSM), the London underwriting centre of Liberty Mutual Insurance, has expanded its Ports and Terminals offering with the addition of Charlie Bragg to its Marine Liability team. Bragg brings 49 years’ experience to his new role, which is effective from November 1. He will be based in Liberty’s ... Read the full article
Liberty adds cyber underwriter to Zurich office
16th October 2018
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Roland Heinesch to serve in a newly-created cyber underwriter role in its Zurich office. Reporting to Felix Böni, Switzerland General Manager, Heinesch will be responsible for the development of LSM’s cyber book in the region. Prior to joining Liberty in ... Read the full article
Liberty hires Markus Hefel as Deputy Country Manager for Switzerland
12th October 2018
Liberty Specialty Markets (LSM), the specialty re/insurance subsidiary of Liberty Mutual Insurance Group, has announced the appointment of Markus Hefel as Deputy Country Manager for Switzerland. Hefel joins LSM from Ironshore, where he also served as Country Manager for Switzerland, in addition to his role as Senior Underwriter Liability and Personal ... Read the full article
LSM increases global fine art & specie risk capacity to $250mn
4th October 2018
Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has increased its capacity for fine art and specie risks to $250 million globally. LSM’s Head of Marine, Mike Burle, said that the investment is aimed at elevating the company’s platform and expanding its global offering. “We’re seeing greater demand from both our ... Read the full article
Liberty Specialty expands UK Financial Institutions team
1st October 2018
Liberty Specialty Markets (LSM), a division of Liberty Mutual Insurance Group, has expanded its London-based Financial Institutions (FI) team with the appointments of a new Underwriting Manager and Senior Underwriters. Sam Adamson has been promoted to Underwriting Manager for Financial Institutions, UK and Ireland after six years of working in the ... Read the full article
Liberty Specialty names Head of Underwriting, Delegated Authority, Specialty lines
14th September 2018
Liberty Specialty Markets, a division of Liberty Mutual Insurance Group, has announced the hiring of Lewis Edwards as Head of Underwriting, Delegated Authority for Specialty lines. Edwards joins the firm on September 17th, 2018 and will report to Liberty Specialty Market's Chief Underwriting Officer (CUO), Specialty, Mike Gosselin. In his new role, ... Read the full article
Liberty Specialty names Ronan Gerety General Manager of Insurance, Germany
7th September 2018
Liberty Specialty Markets, a division of Liberty Mutual Insurance Group, has named Ronan Gerety as General Manager, Insurance, Germany, based in Cologne. Gerety has more than 30 years of experience in the insurance industry, and joins the firm from Ironshore International, where he was Head of Continental European distribution since 2016. ... Read the full article
Liberty Specialty appoints General Manager of Insurance for Germany
6th September 2018
Liberty Specialty Markets (LSM), the London-headquartered unit of Liberty Mutual Insurance Group, has announced the appointment of Ronan Gerety as General Manager of Insurance, Germany. Gerety brings over 30 years’ experience to the Cologne-based role and joins from from Ironshore International, where he was Head of Continental European distribution since 2016. “Our ... Read the full article
Liberty Specialty aims to double the size of general liability business in Netherlands
17th August 2018
Liberty Specialty Markets, a division of Liberty Mutual Insurance, has revealed plans to significantly increase the volume of general liability (GL) business from its Netherlands office. "We’ve been developing our plans and are now ready to roll them out with the express aim of doubling the size of our GL book,” ... Read the full article
Liberty Specialty expands political violence coverage
3rd August 2018
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the launch of its expanded political violence coverage that now includes a range of new risks. Now included under one policy wording are loss of attractions, denial of access, third party liability, employees liability, cyber, and bodily injury as a ... Read the full article
Liberty Specialty’s Toredo trading platform underwrites first risk
1st August 2018
Toredo, the web-based platform launched by Liberty Specialty Markets (LSM) earlier this year for the transaction of specialised trade credit insurance, has underwritten its first risk. In March, LSM partnered with The Channel Syndicate and Canopius to form a $27 billion consortium – the London Credit Consortium – to ... Read the full article
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