Continuing its expansion into continental Europe, Liberty International Underwriters in Europe (LIU Europe), a division of Liberty Mutual Group, has established a local underwriting presence in France for trade credit and political risk business with the appointment of Alexandre Egnell as Assistant Vice President, Trade Credit/Political Risk.
Based in Paris, Mr. Egnell reports to Matthew Woollam, Chief Underwriting Officer, Trade Credit and Political Risk for underwriting/technical issues, and to Olivier Muraire who heads up LIU Europe’s Southern operation. This is LIU Europe’s second appointment to its French operations in the past month.
With fifteen years’ experience in the insurance industry, Mr. Egnell has held senior underwriting roles in trade credit and political risk in the U.S. and France. He also has a Master’s degree in Business and Insurance Law from the Paris-Sorbonne University.
Commenting on the appointment, Matthew Woollam said: “Outside London, continental Europe is our biggest market for trade credit and political risk business. France in particular has a strong manufacturing base and the banks there focus on trade and commodity finance, which creates a strong demand for trade and investment related insurance.
Alexandre Egnell’s appointment as a local, French speaking underwriter will help us grow our share of this market and is the latest in a line of recent appointments as we look to extend LIU Europe’s product lines throughout Europe.”
