Liberty Specialty Markets announces new president

Top global company reveals a host of promotions in senior shake-up

Liberty Specialty Markets announces new president

Insurance News

By Lucy Hook

Liberty Specialty Markets (LSM) has assigned four new senior roles including a new president of its reinsurance arm.

Phil Hobbs has been appointed deputy managing director; Chris Short as chief actuary; Peter Smith as executive underwriting officer, and Dieter Winkel as president of Liberty Mutual Reinsurance, it was announced.

Matthew Moore, president and managing director of LSM – which is part of Liberty Mutual Insurance – said that he was “delighted” to announce the new appointments, adding that they would “build on the existing success of LSM while helping to power the next phase of our evolution.”

“These promotions represent both continuity and change in the organisation, illustrating the depth of talent in the business which has allowed us to create a first-class leadership team internally,” Moore went on to say in a statement.

He added: “There is tremendous change and opportunity in the insurance market today, and to achieve the goals we have set ourselves some alterations were required to the way we are organised. This is an exciting time for LSM, and achieving our ambitions will require a dynamic, creative and disciplined approach from everyone across the entire organisation, and I look forward to working with my colleagues in the months and years to come.”

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