Liberty Specialty expands Lloyd's business
Liberty Specialty Markets (LSM), a part of Liberty Mutual Insurance, has expanded its Lloyd's syndicate business to include onshore energy and construction.
The carrier's onshore energy team (downstream, upstream, power generation, and heavy industries) provides 'all risks' property damage and resulting business interruption covers. The construction team provides specialist risk and insurance solutions.
Mike Gosselin, LSM's chief underwriting officer – specialty, said: "This move allows us not only to leverage our involvement in Lloyd's across more sectors and on a global scale, but builds on our market-leading experience of delivering exceptional and consistent client service.
"Our use of risk engineering and in-house claims expertise is fundamental to the development of long-term relationships with our clients and provides our unique perspective in the onshore energy and construction sectors."
LSM has been writing energy and construction business in the London specialty market for 15 years.
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