Liberty Syndicate Management Limited (Liberty Syndicates), a member of Liberty Mutual Group, has enhanced its presence in Brazil with the appointment of Douglas Sakamoto.
Mr Sakamoto was previously a marine underwriter for a global reinsurance company in Brazil for four years, at a time when Marine clients were first starting to participate in an open reinsurance marketplace. He has more than 14 years of underwriting experience.
His arrival strengthens the position of the Liberty Syndicates’ Brazil office across all lines including Marine (Hull, Cargo and Liability), War (Marine and Aviation), Terrorism, Space and Specie facultative reinsurance sectors.
The Brazil office of Liberty Syndicates was opened in 2009 with the creation of a multi-line capability headed by Florian Kummer.
Mr Sakamoto is an expert within all classes of marine and will complement the established Marine Division within Liberty Syndicates headed by Matthew Moore. He will report to Florian Kummer.
Commenting on the appointment, Nick Metcalf, Chief Executive of Liberty Syndicates, said: “Douglas’ experience will be a very valuable addition to our team. His technical expertise is very good and clearly on the upper end in the Brazilian market place. He has been very visible in the market over the last four years when companies structured their Marine programmes for the first time and prepared for life in an open reinsurance marketplace.”
Source : Liberty syndicates
