LM Re promotes underwriter in Bermuda

Liberty Mutual Re (LM Re) has promoted Alice Blake to senior underwriter of financial risks reinsurance.

She is responsible for the underwriting of an established financial risks portfolio and for developing and implementing a strategy to access business originating from the Bermuda reinsurance market.

Blake is based in Bermuda and continues her role as political risk and credit risk (PR/CR) single risk product leader, underwriting PR/CR business that has been renewed onto the Bermuda platform.

She reports to Steve Horton, president of Liberty Specialty Markets Bermuda, while continuing to report into Susan Barber as part of the global financial risks reinsurance team.

Blake joined LM Re since 2014 as a London-based reinsurance underwriter.  She has over ten years’ experience in the re/insurance sector, having also worked for XL Insurance in London as an underwriter.

Horton said: “Having developed a strong portfolio of reinsurance business in London over the last five years, [Blake] has the technical skills and experience necessary to make an impact in the Bermuda market and, importantly, grow our financial risks reinsurance book here.”