Liberty Syndicate Management, a wholly owned subsidiary of Liberty Mutual Group, has enhanced its presence in Brazil with the appointment of Douglas Sakamoto.
The company said Sakamoto’s 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 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 over 14 years of underwriting experience.
Sakamoto will complement the established Marine Division within Liberty Syndicates headed by Matthew Moore. He will report to Florian Kummer.
Liberty Syndicates CEO Nick Metcalf said Sakamoto’s 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.