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Liberty Specialty turns to industry veteran to launch trade credit multi-buyer product line

Liberty Specialty turns to industry veteran to launch trade credit multi-buyer product line | Insurance Business

Liberty Specialty turns to industry veteran to launch trade credit multi-buyer product line

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has announced the appointment of Paul Kunzer (pictured) as head of trade credit multi-buyer and excess of loss (XOL). In his new role, Kunzer will lead the development of LSM’s new trade credit offering for multi-buyer and XOL programs.

Kunzer will report to Alex Montoya, president of LSM, Latam, Bermuda and US, and Alex Egness, head of financial risk solutions in North America. Kunzer will be based in the company’s Chicago office.

Prior to joining LSM, Kunzer served in a number of managerial roles at AIG before taking on the role of global head of multinational and strategic accounts for AIG Trade Credit. He began his trade credit career as a buyer-underwriter at the Export-Import Bank of the United States in 1999.

“We are very pleased to have Paul join Liberty Specialty Markets and Financial Risk Solutions’ team in North America,” Montoya said. “He has established a very strong reputation in the global trade credit insurance market and will further position Liberty Specialty Markets as a leader in credit insurance in North America.”

“This is a very exciting opportunity for LSM,” said Peter Sprent, head of LSM’s Financial Risk Solutions global product line. “We have been looking to expand our global financial risks practice to include multi-buyer and excess of loss credit solutions for some time, and I am delighted that a market leader of Paul’s standing and experience has joined our global platform. Paul will build a team capable of providing first-class service and comprehensive solutions to our brokers and their clients.”