Huw Owen (pictured) has been promoted to world head of economic danger options (FRS) at Liberty Specialty Markets (LSM) with instant impact.
Based in London, Owen succeeds Peter Sprent who’s leaving the insurer in March after 11 years to pursue private pursuits. Owen’s new position will see the previous FRS chief underwriting officer take cost of the continued strategic improvement of LSM’s world FRS unit.
“I am very pleased to be appointed global head of FRS,” commented the LSM stalwart in a launch despatched to Insurance Business.
“We will continue to prioritize providing tailored credit and political risk solutions to meet the varied risk distribution needs of our clients and brokers, and focus on a high-performance culture, underwriting expertise, and data-driven decision making and portfolio management. I look forward to working across our global network to grow our business offering.”
Owen’s greater than 20 years of trade expertise consists of time spent as senior underwriter at Zurich Financial Services. He got here onboard LSM in 2012.
“We’re thrilled to announce Huw’s promotion. He has been instrumental in developing LSM’s growing product capabilities over the past 11 years to the global player it is today,” famous CUO Rachel Conran. “Peter has our deep gratitude for his role in building the FRS business, and we wish him the very best for his future.”