WTW, a global advisory, broking and solutions company, has announced the appointment of Chris Varley as Global Proposition Leader for Commercial Lines Pricing and Underwriting within the company’s Insurance Consulting and Technology business.
In his new role, based in London, Varley will lead the global strategy for commercial lines pricing and underwriting.
His role will involve assisting insurers in modernising and succeeding within the changing market. This focus area is strategically vital for WTW worldwide, with the Insurance Consulting and Technology business aiming for continuous double-digit growth by supporting the transformation of the commercial insurance sector.
This appointment marks a return to WTW for Varley, who is rejoining the company from Allianz Commercial UK, where he most recently served as Chief Underwriting Officer. During his tenure at Allianz, he also held the roles of Chief Data and Analytics Officer.
Prior to this, Varley spent five years as Senior Director for Commercial Lines Pricing and
Underwriting at WTW, specialising in the development of analytics tools for the commercial insurance market.
Commenting on the appointment, Charlie Kefford, Global Proposition Leader, P&C Insurance Technology, WTW, said: “WTW has an established track record of leading the market through changes in pricing and underwriting. We continue to invest, to ensure that our capability remains at the cutting-edge of market practice, which is developing rapidly through advancements in AI and digitalisation.”
“I am delighted that Chris has joined our team. He has an outstanding track record in this area and brings significant experience and capability to further develop our solutions and grow our team.”
Varley said: “I’m excited to be joining the team at such a critical moment in the analytics revolution taking place in commercial insurance. I look forward to working with our clients around the world to unlock competitive advantage through the deployment of sophisticated analytics in underwriting, pricing and portfolio management.”
