Reinsurance News
WTW
WTW collaborates with LSM & Markel on digital commercial insurance platform
17th November 2022
WTW has collaborated with Liberty Specialty Markets (LSM) and Markel to launch the pilot phase of a new digital commercial insurance platform. The venture between the three companies will aim to help improve connectivity, giving brokers flexible trading options and insurers speed and scale. Using globally-recognised data standards, WTW noted that the ... Read the full article
WTW to partner with UNICEF on child focused cyclone project
16th November 2022
Broking and solutions company, WTW, has helped to create the United Nations Children’s Fund’s (UNICEF) new initiative to provide sustainable disaster and climate change protection to meet the specific needs of vulnerable children. The ground-breaking UNICEF Today and Tomorrow Initiative will invest in climate resilience and anticipatory action for improved cyclone ... Read the full article
Belize first to receive payout by MAR Fund after Hurricane Lisa triggers parametric policy: WTW
11th November 2022
The country of Belize is set to receive a payout of $175,000 after Category 1 Hurricane Lisa triggered its parametric policy under the Mesoamerican Reef (MAR) Insurance Programme, reports insurance and reinsurance broker WTW. Launched in June of last year via a partnership between WTW and the Mesoamerican Reef Fund, ... Read the full article
Adrian Hicks to head WTW Mid-Market and Real Estate team
10th November 2022
Advisory and broking solutions company, WTW has named Adrian Hicks Head of Mid-Market and Real Estate for North American business placed in London and the international market. In his new role, Hicks will be responsible for establishing and executing the strategic direction of middle-market and real estate broking across Direct & ... Read the full article
Andy Blasher joins WTW’s Corporate Risk and Broking team
10th November 2022
Global advisory, broking and solutions company, WTW, has appointed Andy Blasher as a Global Client Advocate in its Corporate Risk and Broking (CRB) business. Blasher brings over 25 years of brokerage and carrier experience to the company. In his new role he will leverage his industry expertise in retail, hospitality and ... Read the full article
WTW welcomes new members to North America fac team
8th November 2022
Global advisory and broking solutions company, WTW, has appointed three new senior hires to its North America Facultative team. Ivan Breen has been appointed Head of North America Facultative, Chris Lynam as Head of Property, and Andy Murray as Head of Casualty. Breen is joining WTW from Canopius, where he operated as ... Read the full article
WTW brings Michael Holt back under its wing for new aerospace role
7th November 2022
WTW has said it has appointed Michael Holt to the role of associate director of client relationship management for aerospace. Holt is coming back into the WTW fold, re-joining the firm from McGill, where he served as Partner, Aviation and Aerospace since last February. Prior to McGill, Holt contributed to the growth ... Read the full article
WTW appoints Oliver Scarr to senior cargo role in Asia
7th November 2022
WTW has said that it is appointing Oliver Scarr to be its new head of cargo in Asia in its marine team within its corporate risk and broking business. The firm said in a statement that Scarr will be based in Singapore and report to Lewis Hart, head of marine Asia. ... Read the full article
WTW appoints Mark Vila Head of Corporate Risk & Broking, Midwest
4th November 2022
Global advisory, broking and solutions company, WTW, has announced the appointment of Mark Vila as the Head of Corporate Risk & Broking for the US Midwest region, replacing Scot Housh, who plans to retire at the end of 2022. Vila currently serves as the CRB Leader for the Great Lakes region ... Read the full article
Apprehensive outlook for energy & insurance industries: WTW
3rd November 2022
According to a report from the global advisory, broking and solutions company, WTW, both the energy and the insurance industries have a lot to be apprehensive about heading into the January renewals, as global geopolitical and economic uncertainties continue to intensify. A number of factors have contributed to this new “apprehensive ... Read the full article
Korcinsky to replace Pera as WTW’s Head of Corporate Risk & Broking
2nd November 2022
Global advisory, broking and solutions company, WTW has announced the appointment of Nancy Korcinsky as Head of Corporate Risk & Broking (CRB) for the Southeast region, in the U.S., effective December 1, 2022. Korcinsky has more than 25 years of insurance industry and risk management experience. She joined WTW in 2014 ... Read the full article
WTW maintains FY targets as organic growth accelerates
27th October 2022
Re/insurance broker WTW has reported revenues of $1,953 million for the third quarter of 2022, down 1% from the same period last year but up by 6% on an organic revenue growth basis. This represents an acceleration from the organic revenue growth rate of 3% that the broker reported in ... Read the full article
WTW appoints Oyin Heath as Managing Director for aerospace unit
25th October 2022
WTW Global Aerospace, part of the international insurance and reinsurance broker, has announced that Oyin Heath will be joining its team as Managing Director. The firm states that in the new role, Heath will be focused on driving growth and continuing to bring innovative, market-leading solutions and best-in-class service to the ... Read the full article
WTW hires Robert Lasovski as Head of P&C for Australasia
24th October 2022
WTW has appointed Robert Lasovski as Head of property & casualty (P&C) for its Corporate Risk & Broking (CRB) business in Australasia. Based in Sydney, Lasovski joins WTW from Marsh McLennan in Australia where he was the National Corporate & Commercial Leader. Overall, Lasovski brings 29 years of extensive experience in P&C ... Read the full article
WTW names Michael Machin Head of Broking for FINEX North America
21st October 2022
Global advisory, broking and solutions company, WTW, has announced the appointment of Michael Machin as Head of Broking for FINEX North America, Corporate Risk & Broking (CRB). Machin will also join the FINEX NA leadership team and partner with the FINEX segment leaders to advance strategic priorities for the business. In his ... Read the full article