Liberty Mutual Re (LM Re) has announced the appointment of Peter Smith to the newly created position of executive vice president (EVP) and managing director, effective immediately.
Based in London, Smith will report to Dieter Winkel, president, LM Re and will be responsible for overseeing the LM Re global portfolio and performance optimisation. In addition to his new role, he will retain his regional LM Re responsibilities.
Smith has over 25 years of (re)insurance market experience and joined LSM in 2012. He previously served as an executive underwriting officer for LSM and prior to joining LSM he was deputy active underwriter at Sagicor Syndicate at Lloyd’s.
Winkel said: “I am delighted that Peter will be focusing more of his time on the LM Re portfolio and performance. We have a proven track record as a resilient business capable of profitable growth even in challenging circumstances. Peter’s ongoing leadership and support for our business will be exactly what we need to take us even further on our high-performance journey.”