Reinsurance News

Willis Towers Watson news

Willis Towers Watson news related to the global insurance and reinsurance broker and consultancy.

Willis names Gianmarco Tosti country head of Italy

16th October 2017

International insurance and reinsurance industry broker, Willis Towers Watson, has named Gianmarco Tosti as the firm's new country head of Italy, effective January 1st, 2018. Tosti will based in Milan, and will assume the role as Head of Corporate Risk and Broking for Italy, and replaces Guido de Spirit, who is to ... Read the full article

Willis Towers Watson in string of senior appointments to expand broking platform

5th October 2017

Willis Towers Watson has announced a string of senior appointments in its North America Corporate Risk and Broking (CRB) business, as part of its broking platform expansion plans. Sandie Mullen has been appointed to head of Life Sciences and Pharmaceutical Casualty Broking after joining Willis Towers Watson from RT Specialty where she ... Read the full article

Willis Towers Watson launches facultative reinsurance push in Europe

4th October 2017

Insurance and reinsurance broker and advisory Willis Towers Watson is launching a new push into the German-speaking DACH region of Europe, with the establishment of a facultative reinsurance hub. The company said that it is targeting facultative reinsurance business across Germany, Austria, and Switzerland with the new hub, and has appointed ... Read the full article

Willis appoints Martin Hiller to Head of International Construction

18th September 2017

Willis Towers Watson has named Martin Hiller, who joins from JLT, as Head of International Construction of its Corporate Risk and Broking unit. Hiller will lead client management, technical, placement and risk management specialists to support Willis Towers Watson construction clients in risk mitigation, reporting to Alex Clayton, CEO of Construction. Alastair Swift, ... Read the full article

Reinsurance use “at an absolute inflexion point” – Rowan Douglas at RVS

13th September 2017

Speaking at the Insurance Development Forum panel debate on confronting global underinsurance amid heightened global risks, at the 2017 Rendezvous de Septembre (RVS), Rowan Douglas, CEO of Capital Science and Policy, Willis Towers Watson, said the industry is at a turning point that could revolutionise the use of re/insurance in the ... Read the full article

Willis names corporate risk & broking leader for Metro D.C./Chesapeake

22nd August 2017

Global insurance and reinsurance broker, Willis Towers Watson, has named Ken Smith Corporate Risk and Broking (CRB) market leader for the firm's Metro D.C./ Chesapeake market. Smith joins the firm from Marsh USA, where he was most recently leader of the company's Cincinnati, Columbus and Louisville business, and where he held a number of ... Read the full article

Willis Towers Watson hires CFO replacement Burwell from PwC

21st August 2017

Global advisory, insurance and reinsurance broking specialist Willis Towers Watson has named Michael “Mike” J. Burwell as its new Chief Financial Officer, to replace the outgoing Roger Millay who retires on October 2nd 2017. Burwell has 31 years of finance and professional services experience gained at PwC, holding a number of ... Read the full article

Digital tech revolution could increase casualty catastrophe risk

17th August 2017

Casualty catastrophe reinsurers could be hit with higher claims costs as legislation for software and app manufacturers evolves to shift the focus onto consumer contractual protections in coming years. Willis Towers Watson's Pete Thomas, Reinsurance and risk management expert, warned of the potential impact to reinsurers of expected upcoming legislative changes ... Read the full article

Willis Towers Watson appoints Fabien Conderanne to Asia Pacific Financial Solutions Deputy Head

9th August 2017

Willis Towers Watson has named Fabien Conderanne as new Deputy Head of Asia-Pacific Financial Solutions, as the firm continues to strengthen its financial services capabilities across the region. Fabien will begin his Singapore based role, which was created as a new position, on 1 August 2017, and will report to Stuart ... Read the full article

Susan Lane joins Willis Towers Watson’s Global Captive practice in Bermuda

8th August 2017

Global insurance and reinsurance broker, Willis Towers Watson, has announced the appointment of Susan Lane as director, consulting and development for North America and senior captive consultant, based in Bermuda. Lane was previously the co-Chief Executive Officer (CEO) of Tokio Solution Management, and her new role sees her form part of Willis' ... Read the full article

InsurTech spending up 248% to near $1 billion in Q2: Willis

24th July 2017

Willis Towers Watson has released its second quarterly InsurTech Briefing, revealing a stark increase of 248%, or nearly $1 billion in InsurTech investment from the first quarter and pointing to insurance claims management streamlining as the biggest opportunity for reinsurers. The 2017 second quarter (Q2) was characterised by a record number of transactions ... Read the full article

Willis adds Divisional Director to Financial Solutions Division

13th July 2017

Global insurance and reinsurance broker, Willis Towers Watson, has hired Stephanie Pariot as a Divisional Director within its Financial Solutions Division, which is part of the firm's Global Financial Lines and Corporate Risk and Broking unit. Pariot joins Willis Towers Watson with more than a decade of investment banking experience, having ... Read the full article

Willis acquires 49% stake in Indian insurance broker Almondz

10th July 2017

Willis Towers Watson has acquired a 49% stake in Indian composite insurance broker Almondz, the joint venture will combine Willis' global network and expertise with Almondz' local reach and clientele. Almondz serves clients across a broad range of industries and sectors with nine offices throughout the country and over 300 associates. Almondz ... Read the full article

Willis names James Jackson Head of FINEX FI for Great Britain

10th July 2017

Global insurance and reinsurance brokerage, Willis Towers Watson (WTW), has named James Jackson Head of FINEX Financial Institutions (FI) for Great Britain (GB), succeeding Dr. Paul Search. WTW's FINEX business is part of its Corporate Risk and Broking division, and acts as the broker's financial, executive and professional risk specialty group.  Jackson ... Read the full article

InsurTech & AI use of data to disrupt re/insurance: Willis Towers Watson

4th July 2017

While InsurTech expands data volume through providing a personalised link to clients, Artificial Intelligence will amplify the value of data sets by extracting more information, generating insights, and analysing and recognising patterns far beyond the capabilities of human intelligence. The use of InsurTech coupled with Artificial Intelligence is reshaping the meaning and ... Read the full article