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Liberty Mutual Re promotes Blake to build out Bermuda financial risks reinsurance operations

September 03, 2019

Liberty Mutual Re (LM RE), a member of Liberty Mutual Insurance Group has promoted Alice Blake to role of senior underwriter – financial risks reinsurance, effective immediately.

Based in Bermuda she will report to Steve Horton, president, Liberty Specialty Markets, Bermuda. She will also continue to report into Susan Barber as part of the global Financial Risk Reinsurance team.

Blake will continue her role as political risk/credit risk (PR/CR) single risk product leader, underwriting PR/CR business that has been renewed onto the Bermuda platform. 

In her new position, Blake will be responsible for the underwriting of an established Financial Risks portfolio. She will also develop and implement a strategy to access business originating from the Bermuda reinsurance market.

In a recent press release from LM Re stating that the promotion contributes to LM Re’s strategy to grow its global footprint

Blake has been with LM Re since 2014, as a London-based reinsurance underwriter.  She has over ten years’ experience in the (re)insurance sector, having also worked for XL Insurance in London as an underwriter.

Horton, president of Liberty Specialty Markets Bermuda said: “Alice’s arrival is part of our long-term strategy to build out Liberty Mutual Re’s reinsurance operations in Bermuda. Having developed a strong portfolio of reinsurance business in London over the last five years, she has the technical skills and experience necessary to make an impact in the Bermuda market and, importantly, grow our financial risks reinsurance book here.”