Liberty Specialty names leader of ‘critical’ European market

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance’s Global Risk Solutions division, has appointed a new country manager for a “critical” European market where it has ambitious plans to grow.

Markus Hefel (Pictured) has been promoted to the role of general manager, LSM Switzerland, subject to regulatory approval.

Hefel will be responsible for leading the Swiss team and LSM’s business in Switzerland to serve the needs of Swiss clients and brokers. Prior to his promotion, he was deputy general manager, and regional manager for accident & health (A&H) and underwriting manager, casualty.

Hefel joined LSM in 2018 from Ironshore where he was country manager for Switzerland.  He has over 30 years of experience in insurance and has built robust relationships with brokers and clients.  During his career he has underwritten business in international casualty, A&H insurance, as well as financial lines, marine, and construction.

“Switzerland is a critical European market for LSM, Markus has a wealth of experience in the region and is the right person to lead the team to meet our ambitious growth plans here,” said Kadidja Sinz, head of Central Region (Europe and MENA) at Liberty Specialty Markets.

“The Swiss team makes a significant contribution and plays a key role in our strategy to serve the needs of Swiss clients and brokers, we’re grateful for the confidence and trust of our partners.”