Liberty appoints new President and Head of US, Bermuda and LatAm
Liberty Specialty Markets (LSM) announces the appointment of Alexander Montoya as President of LSM – US, Bermuda and LatAm, effective immediately. They also announced Wilhelm Schaugg has joined Alexander’s team.
Wilhelm Schaugg, joins LSM as Head of Strategy – US, Bermuda and LatAm, having previously been Head of Commercial Lines & Reinsurance at Liberty Mutual’s Global Retail Markets East. His new role was created to support the region with strategic planning, marketing, new business analysis and reporting. He reports to Alexander Montoya and is based in Miami, Florida.
Matthew Moore, President and Managing Director of Liberty Specialty Markets said: “Alex Montoya’s strategic vision, innovative ideas and leadership skills have enabled our operations in Latin America to strengthen and grow. In his expanded role he can use his talent for innovation to help us grow our business across the region. He will lead his team to develop specialised solutions that meet the needs of our customers.
“I’m pleased to welcome Wilhelm to LSM. His appointment will help drive the future success of the business by evaluating strategic actions to generate profitable growth and enhance customer experience across multiple distribution and service delivery channels.”
For the past four years, Alexander was President of Liberty International Underwriters (LIU) Latin America, where he was responsible for building the presence of LSM in the region. He has over 20 years’ experience in specialty lines (re)insurance. He joined the Liberty Mutual Insurance Group in 2014 as Managing Director of LIU.
Liberty Specialty Markets offers specialty and commercial insurance and reinsurance products across key UK, European, Middle East, US and other international locations. We provide brokers and insureds with a broad range of products through both the Company and Lloyd’s markets and have over 1,700 staff in approximately 65 offices. Liberty Specialty Markets was established in September 2013 bringing together Liberty’s company, syndicate and reinsurance operations into one combined operation, composed of three business units: Commercial, Specialty, and Reinsurance (Liberty Mutual Re). This integrated approach means brokers and clients can benefit from our global reach and operating efficiencies.
Liberty Specialty Markets is part of global insurer, Liberty Mutual Insurance Group, a diversified global insurer, formed in 1912 and headquartered in Boston, Massachusetts. Liberty Mutual is the 5th largest global insurer based on 2017 gross written premium, with over 50,000 employees in 30 countries and economies around the world. Our purpose is to help people embrace today and confidently pursue tomorrow. The promise we make to our customers throughout the world is to provide protection for the unexpected, delivered with care. We achieve this by offering a full range of personal, commercial, and specialty Property & Casualty insurance coverages. Our customers’ trust has earned us the 68th spot on the Fortune 100 list of largest corporations in the U.S., based on 2017 revenue.
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