Reinsurance News
WTW
WTW hires Chang from Sompo Intl. as Head, Corporate Risk & Broking NA
4th October 2022
WTW has hired Michael Chang to be its new head of corporate risk and broking for North America, succeeding Mike Liss, who plans to retire in the first half of next year. Prior to joining WTW, Chang served for six years as co-leader of Sompo International’s Global Insurance and CEO of ... Read the full article
WTW names Michelle Cui P&C Director of ICT business
28th September 2022
Global advisory, broking and solutions company, WTW, has announced the appointment of Michelle Cui as Director, Actuarial Property & Casualty (P&C), in its Insurance Consulting and Technology (ICT) business. Cui is joining the ICT team from Zurich North America, where she served as vice president and actuarial director. In her new ... Read the full article
Aurora appoints WTW’s Ian Thomas as Head of Product and Insight
28th September 2022
Digital platform and managing general agent (MGA) Aurora has hired Ian Thomas as Head of Product and Insight. As Head of Product and Insight, Thomas will be responsible for driving Aurora’s creative use of data with a key focus on the intelligent use of insights to deliver a first-class customer experience. He ... Read the full article
WTW makes three appointments for its natural resources business
26th September 2022
Advisory and broking solutions company, WTW has announced three appointments for its natural resources business. Andrew Brunero has been hired as the global head of downstream energy broking for the company’s natural resources business. Brunero joins WTW after spending more than a decade at Marsh Energy. Throughout his tenure at Marsh Energy ... Read the full article
WTW and University of Cambridge launch new Airport Risk Index
23rd September 2022
WTW and the University of Cambridge’s Centre for Risk Studies have unveiled a new Airport Risk Index, allowing the world’s airports to introduce risk profiling methods to future-proof their resilience planning. The new Index was presented to global airport executives at the annual WTW Airport Risk Community conference in Lisbon. It compares ... Read the full article
WTW and CodeEast partner on workers’ comp
22nd September 2022
WTW and software company CodeEast are to collaborate on enabling MGAs and carriers to rapidly implement a digital platform for workers' compensation insurance. The collaboration will be centred around CodeEast’s ONEview platform, which now includes functionality tailored for US workers' compensation insurance. This includes a workers’ compensation ratings component delivered through ... Read the full article
WTW brings Alessandro Pesci back into the fold
20th September 2022
Advisory firm WTW has appointed Alessandro Pesci as EMEA reserving practice director in its Insurance Consulting and Technology business. Pesci is returning to the company and will be based in the firm’s Rome office where he will work to support and strengthen client relationships within the EMEA region. He will also ... Read the full article
WTW rehires Christian Ryan to lead NA Industry Specialties
12th September 2022
Insurance and reinsurance broker WTW has added Christian Ryan to its North America Corporate Risk & Broking division as Industry Specialties Leader. WTW states that Ryan, whose career has focused solely on industry specialisation and expertise, brings a depth of understanding around the genuine value this approach offers clients. He previously worked ... Read the full article
Power sector faces rising rates and a new risk landscape, says WTW
9th September 2022
Risk managers in the power sector must navigate a new risk landscape brought about by the Russia-Ukraine conflict, global inflation, the energy transition, and climate change, according to the 2022 Power Market Review from WTW. With power insurance prices continuing to rise, risk managers must balance these risks while ensuring that ... Read the full article
WTW appoints Kiran Nayee Client Relationship Director
9th September 2022
WTW, a global advisory, broking, and solutions company has named Kiran Nayee as Client Relationship Director for Large and Complex Casualty Risks. According to WTW, this “key” appointment is part of the company’s P&C expansion. Nayee will report to Garret Gaughan, Head of Direct & Facultative, and will be responsible for complex ... Read the full article
WTW and Bupa partner to improve health insurance pricing
1st September 2022
Health insurance provider, Bupa UK is now using WTW’s Radar Live as its lead pricing platform after both companies announced their new partnership with the re/insurance broker. The platform incorporates analytical and modelling methods to help create health insurance price premiums faster for individual customers. According to the announcement, this leads to ... Read the full article
WTW names new Head of Distribution Advisory for its ICT business in APAC
31st August 2022
Global advisory, broking and solutions company, WTW, has announced the appointment of Dominick Williams as Head of Distribution Advisory for its Insurance Consulting and Technology (ICT) business in Asia Pacific (APAC). In his new position he will lead the development and deployment of WTW’s insurance distribution propositions. These cover all channels ... Read the full article
Lack of extreme weather protection in semiconductor industry is concerning: WTW
26th August 2022
A significant percentage of the semiconductor industry likely lacks extreme weather protection, an issue highlighted in a recent survey by re/insurance broker, WTW. The Global Semiconductor Industry Survey also highlighted that gaps in cover could prove costly as extreme weather increases. It noted that one of the main challenges companies face ... Read the full article
WTW appoints new Leader for Hong Kong & Macau
22nd August 2022
Broking firm WTW has announced the appointment of Sean Deehan as Leader for Hong Kong and Macau, effective from the 1st of September 2022. Deehan holds 25 years of life insurance, health insurance and pensions experience, including more than 10 years working in Mainland China and Hong Kong. He joined WTW in ... Read the full article
Capacity stabilizing across GB cyber market: WTW
16th August 2022
New analysis from broking firm WTW shows that capacity stabilized for most cyber re/insurance market segments in Great Britain (GB) during Q2, with increased competition noted in some areas as available capital grows. Looking at key developments in the GB market, analysts observed significant changes during the second quarter of 2022, ... Read the full article