Liberty Mutual eyes M&A market in Asia Pacific, sets up large underwriting team

Liberty Global Transaction Solutions, part of  Liberty Mutual Insurance’s Global Risk Solutions division, has brought in three new underwriters from major law firms as part of its growth strategy in Asia Pacific.

Liberty said the new underwriters will help better service the warranty & indemnity insurance market in the region.

Damian Ng (Pictured Right) and Sanjeve Prakasam (Pictured Left), underwriters for Liberty GTS in Singapore, and Alexandra in Sydney, will focus on M&A insurance in the Asia Pacific region.

Prior to joining Liberty GTS, Ng was an associate director at a Singapore law firm, where he worked on a broad range of corporate and commercial matters, with a particular focus on mergers and acquisitions.

Prakasam was a corporate lawyer in two major law firms in Malaysia, where he advised on various corporate matters in relation to mergers and acquisitions, equity capital markets, corporate restructurings and all other legal aspects of corporate and commercial transactions.

Culas worked as a corporate associate for six years at several top tier firms. Culas has experience working on large corporate and M&A transactions with a focus on private equity and private M&A.

William Lewis, head of Asia Pacific for Liberty GTS, said: “Our Asia Pacific office continues to go from strength to strength and the expansion of our team will be hugely beneficial to our clients. With the addition of Damian, Sanjeve and Alexandra to our team we have one of the largest M&A underwriting teams in Asia Pacific. They all bring with them significant M&A underwriting experience and will be a fantastic addition to the team as we continue to expand our business across the region to help protect our customers from the complex risks they face in today’s M&A market.”

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