Liberty Specialty Markets appointed Christoph Paeßens as German PI Manager

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Christoph Paeßens as Professional Indemnity (PI) Underwriting Manager for Germany. 

Based in Cologne, Germany, Paeßens takes up his new role with immediate effect reporting to both Interim Country Manager Angelika Gasser and Head of Professional Indemnity for Europe Valérie Baucher. Paeßens will lead LSM’s German Professional Indemnity team with a focus on broadening and growing its portfolio of business.

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.”

Paeßens joins from AXA XL Germany where he was Corporate Solutions’ Chief Underwriting Officer for Financial Lines. Paeßens is a qualified lawyer in Germany.