Reinsurance News

Chris Condello to lead WTW’s new Asian Risk Division, within CRB North America

4th December 2023 - Author: Kassandra Jimenez-Sanchez

WTW has announced the appointment of Chris Condello as Head of the newly created Asian Risk Division, within Corporate Risk and Broking (CRB), North America.

The Asia Risk Division will consist of Japanese, South Korean, and newly created Indian and Chinese divisions.

These groups were created to focus on the cultural and economic specialisation of these distinct markets, along with the risk management styles of these countries, the broker explained.

By understanding the specialised risk profiles of these particular countries, the new division will be able to provide unique services to each individual country, coupled with a targeted focus on industry specialisation.

Condello brings with him more than thirty years of industry experience. Throughout his career he has led complex risk and sales efforts associated with companies headquartered throughout Asia and the Pacific Rim.

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He also brings a strong understanding of international business relations, sales development, and market penetration and branding associated with the establishment of new business in target countries throughout Asia.

While each of the Division’s group will report to him, Condello, based in New York, will report directly to Ionel Rizea, CRB North America Chief Commercial Officer.

Michael Chang, Head of CRB North America, WTW, commented: “Chris brings a unique skillset and background associated with developing business across various economies in Asia, including focusing on Japanese, Chinese, Indian, and South Korean companies.

“As we look to develop the Asian Risk Division within CRB North America, Chris will be a key figure in helping to develop and grow this business and connect our clients seamlessly across various global territories. I am excited to welcome Chris to the North American CRB team.”

Condello joined WTW from Arthur J. Gallagher, serving most recently as a Senior Client Executive focused on Complex Risks. During his time there, he assisted in establishing both the Gallagher offices in India and Japan by recruiting talent and establishing reverse flow protocols to streamline business growth.

He also previously held senior positions with Marsh, focused on development and growth of Asia-based clients seeking risk transfer services to support their international development.

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