Capsicum Re hires Liberty Mutual talent for specialist division

Specialist reinsurance broker Capsicum Re has appointed Shane Aldons to its motor & casualty division, who joins from Liberty Mutual Re.

Aldons has over 20 years of reinsurance market experience in underwriting, pricing and senior client relationship management across Asia-Pacific, Caribbean, Middle East and Europe. Most recently, Aldons was underwriting manager of international casualty reinsurance at Liberty Mutual Re, where he spent 10 years and was responsible for the management, planning and underwriting of the portfolio of UK and international treaties. He also retained a strong presence in the pricing of new and renewal business while at Liberty. Prior to that, he was international motor and liability underwriter at QBE Re for nine years.

Capsicum Re said Aldons brings a new dynamic to the producer team and further deepens its specialist motor and liability credentials and capabilities.

David Lee, partner, motor & casualty division at Capsicum Re, said: “With many of our team knowing Shane personally, having worked closely with him over the years, we are absolutely delighted to be welcoming him into Capsicum Re. Shane’s unique insight, experience and expertise will bring a new dynamic to our strategic ambition to grow and expand the business internationally.Shane is well-known and highly respected across our client base and will be a tremendous asset to our team with his proven performance in delivering strong results, whether the market be hard or soft.”

Aldons commented: “From its very beginning, Capsicum Re has enjoyed a great market reputation for blending experience with innovation, and taking an entrepreneurial approach while basing it on data-driven research and analytics. I’m really excited to be joining the team at this juncture and look forward to helping the business grow.”