Liberty Specialty Markets (LSM) has named Phil Hobbs as deputy managing director as part of a wider leadership team reorganisation, the carrier has announced.
Hobbs, who previously served as chief actuary of LSM, will be replaced by Chris Short.
Meanwhile, Dieter Winkel has been appointed president of Liberty Mutual Reinsurance – LSM’s assumed reinsurance business, having previously been chief underwriting officer (CUO) for reinsurance.
In addition, Peter Smith has been named executive underwriting officer. He has been CUO of specialty since early last year and dually served as the active underwriter of Liberty’s Lloyd’s Syndicate 4472.
Commenting on the appointments, recently instated LSM president and managing director Matthew Moore said: “I am delighted to announce these appointments, which will build on the existing success of LSM while helping to power the next phase of our evolution.”
“There is tremendous change and opportunity in the insurance market today, and to achieve the goals we have set ourselves some alternations were required to the way we are organised.”
Moore took over the running of LSM from retiring Nick Metcalf in August this year in what had been a long-planned handover.