Liberty Syndicates boosts capacity and appoints COO
Liberty Syndicates at Lloyd's has announced a 31% increase in capacity for its syndicates 190 and 282 to £793 million for 2004, making the managing agency one of the largest in the Lloyd's market. Mark Butterworth, formerly group insurance risk manager at Prudential, has also joined as chief operating officer, a newly created board position, with immediate effect.
The capacity increase follows September's 40% mid year leap from £430m to £605m.Sean Dalton, managing director at Liberty Syndicates, said: "Mark's primary responsibility will be managing the
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