Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has announced the appointment of Christoph Paeßens as professional indemnity (PI) underwriting manager for Germany, effective immediately.
In his new role, he will lead LSM’s German professional indemnity team with a focus on broadening and growing its portfolio of business.
Paeßens will report to Angelika Gasser, interim country manager and Valérie Baucher head of professional indemnity for Europe.
He joins the business from AXA XL Germany, where he most recently served as corporate solutions’ chief underwriting officer for financial lines.
Pierre-Edouard Fraigneau, LSM’s chief underwriting officer for Europe, said: “Christoph is a very welcome addition to our team and will play an important role in growing our European presence. He brings over 25 years’ experience in the PI market at both national and international level. He also has a strong track record of leading underwriting teams and developing client relationships.”