Liberty Specialty Markets makes strategic leadership changes in US, Bermuda and LatAm

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Alexander Montoya as president of US, Bermuda and LatAm, effective immediately.

Additionally, Wilhelm Schaugg has joined Montoya’s team as head of strategy – US, Bermuda and LatAm, having previously been head of commercial lines & reinsurance at Liberty Mutual’s global retail markets East.

LSM said Schaugg's new role has been created to support the region with strategic planning, marketing, new business analysis and reporting. He will report to Montoya, based in Miami, Florida.

For the past four years, Montoya 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.

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.”