Liberty Specialty Markets restructures

As part of its next phase of integration, Liberty Specialty Markets (LSM) has restructured its specialty property divisions underwriting offering.

The division has been renamed worldwide property with the emphasis on enabling the growth of international property business through the further development of the overseas office network and existing syndicate underwriting platform.

Nigel Tatlock has been named as head of worldwide property for the specialty division.

Nick Metcalf, president and group managing director of LSM, said: “We are pleased to announce this change as it allows us to concentrate on developing our property offering in the international arena whilst maintaining a worldwide capability."

Matthew Moore, chief underwriting officer for LSM's specialty and reinsurance divisions, added: "All our specialty property distribution channels, including a streamlined specialty property binders capability, will fall under this new division. This will create a better opportunity to develop and grow the book in our desired markets through what is becoming an ever more competitive space.”