Willis Re Speciality has appointed Jonathan Marsh as Chairman and Printhan Sothinathan as Chief Strategy Officer as part of a restructure designed to provide better career development opportunities and improved clarity of roles and accountability.
Graeme Moore will still lead the Willis Re Speciality business as Chief Executive Officer (CEO), while Sothinathan will continue to manage the Specialty analytics operations in addition to his new responsibilities, Willis Re said.
In terms of the structure of the business, Willis Re Specialty will now be comprised of two core units: Marine, Energy & Aerospace, which will be led by Tim Compton; and Specialty P&C, which will be led by Andy Law.
Within the Marine, Energy & Aerospace unit, Nick Croxford will lead the Marine, Energy & Fac division, while Jason Cudlipp will lead P&I, and Mark Hudson will lead Aerospace.
Meanwhile, within the Specialty P&C unit, Chris Hayday will lead the Property D&F & Specialty Lines division, Chirag Shah will lead Casualty, and Paddy Ellis will lead Retro.
“Willis Re Specialty continues to evolve its business model ensuring it is able to provide the full spectrum of risk & capital advice to meet the demands of our clients,” said Moore.
“The reshaping of the Specialty business unit, which has progressed significantly over the last three years, has produced a business with a much stronger presence and dynamic client offering in the London market, which is reflected in revenue growth.
“Furthermore the revised structure has allowed us to elevate key talent into management positions, where their proven talent will assist in the continued evolution and further success for the business unit.”