Liberty Syndicate Management Ltd (Liberty Syndicates), a member of Liberty Mutual Group, Inc. celebrated the opening of offices in São Paulo and Rio de Janeiro at their launch party on Wednesday 21 October 2009. These offices complement Liberty Mutual’s existing Liberty Seguros operations in Sao Paulo and the launch earlier this year of Liberty International Underwriters’ Specialty Lines Division.
Both Liberty Syndicates offices will provide brokers with access to the full range of Treaty and Facultative Reinsurance products, including Property, Contingent Lines and Marine, which will be underwritten by Liberty Syndicates.
The office openings were a very welcome addition according to Marco Castro, Managing Director of Lloyd’s Brazil, who believes it is a real benefit to be on the ground if the opportunities in the Brazilian market are to be realised. He said, ”It’s important to establish a local presence to help inform the market about how Lloyd’s operates and what advantages it has to offer.”
Liberty Syndicates’ CEO Nick Metcalf added, “We think that profitable growth in such a highly dynamic environment can be achieved only by being close to the original risk, by superior risk selection and by having a clear understanding of our customers’ needs.”
The opening of the new offices coincides with the re-launch of Liberty Syndicates’ website www.libertysyndicates.com. The new website provides enhanced information of Liberty Syndicates’ business globally.
