Liberty Syndicate Management Limited, a member of Liberty Mutual Group, has enhanced its presence in Brazil with the appointment of Douglas Sakamoto.
He 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,” said the announcement. He has more than 14 years of underwriting experience.
Liberty added that 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.”
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.
The Brazil office of Liberty Syndicates was opened in 2009 with the creation of a multi-line capability headed by Florian Kummer.
Source: Liberty Syndicates
Was this article valuable?
Here are more articles you may enjoy.
Oaktree’s Deal to Buy A-Cap Insurer Crumbles, Spawning New Talks
Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion
AM Best: Social Inflation Drives Surge in Commercial Auto Liability Claims
Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability 

