Liberty Insurance’s immediate Spanish-based parent, Liberty Seguros, has named an internal candidate to succeed Tom McIlduff as its chief executive. Mr Estallo will oversee the company’s operation in the west European market, including Ireland, Northern Ireland, Spain and Portugal. Mr McIlduff, who led Liberty Seguros since 2017, will remain on board to “ensure a smooth transition over the coming months”, the company said. The Irish operations were subsumed into Madrid-based Liberty Seguros in 2018, leaving it as a branch of the Spanish company. Earlier this year, the company quit its commercial liability and commercial property lines of business but affirmed its commitment to other aspects of the Irish market, including home coverage.

Source: The Irish Times November 23, 2020 18:00 UTC