Nicolas Aubert, Head of Great Britain for insurance and reinsurance brokerage Willis Towers Watson, has been reappointed as the Chair of the London Market Group (LMG).
Nicolas Aubert commented “I am delighted that I can continue to lead the LMG for another year and would like to thank the Board for their ongoing support and commitment. The last 12 months has seen real progress across all of our workstreams. Particular highlights include our modernisation work taking a crucial step forward with the launch of PPL and our ILS work moving closer to fruition, so that London can expand its product offering.
“The curve ball of 2016 was Brexit, but this has given us both opportunities and challenges. I am delighted to say that we are working very closely with the government to both protect our businesses and make positive changes that will allow our unique marketplace to grow and thrive.
“We will shortly be releasing the latest data on the position of the London Market, and I am sure this will spark more debate on the way forward. We have a window of opportunity to make some substantial strides to increase our competitiveness, and I am delighted that I will be able to continue working with all sectors of the market to grow and enhance London’s position and reputation.”
Aubert formerly held the role of Chief Operating Officer of American International Group (AIG) in Europe, the Middle East and Africa, prior to which he was a Managing Director of AIG in the UK. In his time at AIG he also lead AIG France, was a Managing Director of Southern Europe, and oversaw operations in 12 countries, including Israel.
Prior to AIG, Aubert worked in various leadership positions at ACE, CIGNA, GAN and began his insurance and reinsurance career at GENERALI.