PwC, a global network of firms providing audit, consulting and advisory services, has appointed Nick Wilks as UK Insurance sector leader.
In his new role, Wilks succeeds Alex Bertolotti, who has led the practice for more than five years. Wilks will lead PwC’s UK insurance practice and work with clients across the London Market and broking, life, and general insurance sectors.
He is based in London and is a partner in the firm’s Consulting practice. Wilks has over three decades of insurance industry experience, working across general insurance, property & casualty, and life insurance clients.
Wilks will be supported by a leadership team that includes: Glynn Austen-Brown as General Insurance Leader, Anthony Joseph as Lloyd’s and Broking Leader, and Nan Paramanathan as Life Insurance Leader.
He is also a member of PwC’s Europe, the Middle East, and Africa (EMEA) insurance leadership team and has expertise in insurance risk, finance transformation, and IFRS 17 implementation.
In the past, Wilks led large-scale finance transformation programmes for major insurers and supported clients through complex accounting and regulatory change initiatives.
Darren Ketteringham, Financial Services sector leader, PwC UK, commented, “Nick is a highly respected leader with deep sector expertise and strong client relationships across the insurance market. His appointment reflects our continued commitment to investing in this sector and supporting clients as they adapt to an increasingly complex and fast-changing environment.”
Wilks added, “I’m delighted to take on the role of UK insurance leader and want to thank Alex for the fantastic leadership and growth he has overseen over the past five years.
“Insurance sits at the heart of the UK economy, helping businesses grow with confidence and providing vital protection to millions of people. We have a market-leading team and ambitious plans to continue investing in our practice to help our clients respond to an ever-evolving landscape of risks and opportunities.”
