LIU promotes exec to lead US railroad product line

Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has appointed Robert Capicchioni as vice president, in charge of its US railroad product line.

Capicchioni will be based in LIU’s New York office and report to Diana Cossetti, head of LIU US casualty.

Previously, Capicchioni was underwriting manager in LIU’s casualty group. In his new role, he will be responsible for overseeing underwriting, overall product development and performance of the US railroad portfolio, which targets freight, passenger and contractor railroads, railcar lessors and lessees, suppliers, service providers and product manufacturers, and includes: railroad liability, including railroad protective liability; railroad property; and comprehensive general liability.

“With his commitment to LIU and the Casualty group over the last 14 years, Rob has made a significant impact on the product line’s performance,” said Cossetti. “As a proven leader with strong broker relationships and a deep understanding of the railroad segment, he brings the perfect combination of skills needed to build this successful book of business.”