Liberty Specialty boosts financial risk underwriting capabilities

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed an insider to help develop its short term trade finance business to enhance the unit’s underwriting capabilities and further strengthen broker relationships.

Adam Clark (pictured) has been promoted to the role of senior underwriter – financial risk solutions. Based in London, he will report to Sam Wilde, head of London markets - FRS.

Clark was previously a financial risk solutions underwriter, having joined LSM in 2018 from Nexus CIFS, where he was an underwriter. He will continue to engage with industry developments in digitisation to bolster LSM’s execution and portfolio management in this line of business.

Wilde said: “Adam has been instrumental in the evolution of LSM’s Short Term Trade Finance business. He has made significant strides in expanding our client base, broker relationships, operational processes, and written premium. Both our clients and brokers will benefit from Adam’s ongoing focus on this dynamic segment of our business.”

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