Liberty Syndicates, a member of Liberty Mutual Group, has moved to a new office in Paris to accommodate the Lloyd’s underwriter’s growing team based in the French capital.
The Liberty Syndicates team has relocated to larger premises in the Washington Plaza building, close to the Arc de Triomphe. The management believes this location will provide sufficient space for the existing underwriting teams while also providing room for expansion as further opportunities arise to develop the Syndicates’ presence in Paris.
Liberty Syndicates launched in Paris in 2003 with a team of 12 staff. Its range of business lines now include property reinsurance, contingency, trade credit and surety and, most recently, agriculture reinsurance, creating a diversified book.
Liberty Syndicates’ chief underwriting officer Matthew Moore said: “With ready access to European markets and a significant pool of French underwriting talent, Paris is a strategically important location for us. We have taken significant steps to grow the team over the past seven years and it remains our intention to continue looking for underwriting teams and classes of business that will create opportunities for us both in Europe and globally.”
Liberty Syndicates’ new office in Paris is located in the Washington Plaza building at Immeuble Monaceau, 31 Rue de Berri, 75008, Paris.
Source : Lyberty Syndicates Press Release
