Liberty Specialty Markets, the specialty and commercial insurance and reinsurance arm of Liberty Mutual Insurance, has promoted Nicholas Garside to the role of Head of Bermuda Property.
Garside has worked in insurance and reinsurance for more than 15 years, having begun his career on the broking side, before moving into roles with a focus on direct and facultative property insurance and reinsurance.
In the new role as Head of Bermuda Property, Garside will report to Steve Horton, President, Liberty Specialty Markets Bermuda.
He is expected to take up his new role on September 1st, based in Hamilton.
Horton commented on the promotion, “Nick is an exceptionally capable executive who’s amassed considerable experience in both the Bermudian and international property markets. His skills and in-depth knowledge will be of tremendous value.”
Garside began his career as a broker at Willis, broking property related insurance business for the firm in London, Sydney and Bermuda.
He then worked for Novae in Bermuda, as Deputy Unit Head of U.S. Direct and Facultative Property risks.
Following that Garside moved to Ironshore in Bermuda, as Senior Vice President of Property. Ironshore was subsequently rebranded to Liberty Specialty Markets, after Liberty Mutual acquired the business from Fosun.
The Bermuda Property team at Liberty Specialty Markets underwrites business on a facultative, excess of loss, primary and quota share basis, with a particular focus on all risks protection including earthquake, windstorm and flood.