Liberty Mutual opens in Caymans and Montana

Captive market provider Liberty Mutual Alternative Markets has received authorization to do business in two new domiciles, Montana and the Cayman Islands. In the Caymans, it has set up Liberty Mutual Management (Cayman) through which it will specialize in healthcare products. The focus in Montana will be on professional liability. The group now holds licences in five domiciles, the other three being Bermuda,Vermont and South Carolina.