Liberty Specialty Markets poaches PI underwriting manager from AXA XL Germany

Liberty Specialty Markets (LSM) has strengthened its professional indemnity (PI) team in Germany.

Christoph Paessens joins LSM as its PI underwriting manager for Germany. He joins from AXA XL Germany where he was corporate solutions’ chief underwriting officer for financial lines.

Paessens has over 25 years’ experience in the professional indemnity market, both in Germany and internationally. He is based in Cologne and is responsible for broadening and growing LSM’s portfolio of business, reporting to Angelika Gasser, LSM’s interim country manager, and Valérie Baucher, head of professional indemnity for Europe.

Pierre-Edouard Fraigneau, LSM’s chief underwriting officer for Europe, highlighted Paessens’ “strong track record of leading underwriting teams and developing client relationships.”

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