President and managing director of Liberty Specialty Markets (LSM), Nick Metcalf has handed over the running of the firm to LSM’s current CUO, Matthew Moore.
The plans for the handover have been in place for several years.
Moore joined LSM in 2002 as a political risk underwriter. He was later appointed to active underwriter of Liberty’s 4472 Syndicate, and then took on his current role as CUO when LSM was originally formed in 2014 by merging Liberty Syndicate’ business with that of Liberty’s London market insurance company.
Commenting on the handover, Matthew Moore said: “I am delighted to be leading LSM in its next phase of evolution. I believe that LSM is uniquely placed to take advantage of the opportunities presented by the innovation taking place in the London market, and it is a privilege to be leading LSM at this exciting time.
He added: “I look forward to engaging with our clients in my new role and to helping them to prosper. I would like to pay tribute to Nick’s leadership of LSM over the past 10 years and to the guidance and support he has provided to me personally as I look to lead on from the excellent position in which LSM now finds itself.”
Nick Metcalf said: “Matthew is uniquely placed to lead LSM in the future and I am absolutely delighted to be handing over the reins to such a talented market leader. I have enjoyed leading LSM through a very successful period and wish Matthew and the leadership team every success in the future.”
Chris Peirce, President of Liberty Mutual’s Global Specialty Strategic Business Unit, said: “I want to thank Nick for leading LSM through a very successful period and to wish Matthew and his leadership team every success in the future. Matthew is well known and respected in the industry, and has a deserved reputation for smart thinking and business building.”