Former Guy Carpenter manager heads up Italian operation
Liberty Specialty Markets (LSM) has rebranded its reinsurance division to Liberty Mutual Re and has launched reinsurance operations in Italy.
The rebrand will apply across the whole of LSM’s reinsurance division, which includes 180 people in 14 offices.
The new Italian operation of Liberty Mutual Re will be based in Rome and Milan and will have an initial focus on property, casualty, and specialty business, the report said.
Massimiliano Fantini has been appointed General Manager Reinsurance for Italy and joins the company from Guy Carpenter.
Dieter Winkel, President of Liberty Mutual Re, said: “By rebranding as Liberty Mutual Re, the sole treaty reinsurance business within Liberty Mutual Group, we can be very clear about the benefits that our financial strength offers while highlighting the breadth and depth of our offering.”
“The launch of our Italian business is a key step in our plans to grow Liberty Mutual Re’s business.
We’re extending our global footprint while building on the close relationships we’ve already developed with clients and brokers in Italy,” he added.