Liberty Specialty Markets (LSM) has forayed into Italy’s casualty market.
“Since we launched in Italy in 2012, we’ve been steadily growing our presence, now reaching 35 people in our Milan office,” noted Antonio Sacchi, LSM’s general manager for Italy.
“We’re now adding a local underwriting capability in casualty, which is of real strategic importance to our clients, allowing us to offer a broader range of solutions in the Italian market.”
Leading the expansion is Milan-based Paolo Pitton (pictured), who makes the switch from Chubb Europe where he served as deputy casualty manager. His 18 years of industry experience includes time spent at Lloyd’s broker WBA, RSA, AIG Europe, Chartis, and QBE.
“Paolo has a tremendous track record,” said Sacchi of the new casualty manager. “He’s highly experienced with a strong knowledge of the market. He’s also very well-known in our market.”
Through its more than 60 offices and workforce of around 1,700 people, LSM provides a broad range of specialty and commercial insurance and reinsurance offerings.