Willis Re, the reinsurance arm of international broker Willis Towers Watson, has announced the appointment of Brian Shea as Managing Director and Head of Strategic and Financial Analysis for Willis Re International.
Shea was previously Head of Willis Towers Watson Securities Europe, having joined the company in 2015.
He has 26 years’ experience in the re/insurance industry, and has worked as Chief Corporate Strategy Officer at SCOR and Head of the European Insurance Equity Research team at Bank of America Merrill Lynch.
In his new role, Shea will be required to work closely with Willis Re’s existing financial advisory, rating agency and regulatory team to advise clients on strategic and capital management issues.
He will also be responsible for the development of Willis Re’s structured life, non-life and alternative markets offerings, and for developing a more holistic capital advisory framework.
The appointment is effective 1 January 2019 and will see Shea continue be based in London.
He will report to Tony Melia, Chief Executive Officer (CEO) of Willis Re International, who commented: “Gaining a deep understanding of each client’s strategic and financial strengths and challenges is critical to determining the capital management and risk transfer solutions most appropriate to their business needs and goals.
“I am delighted to welcome Brian to Willis Re International,” Melia continued. “His extensive experience, expertise, and high-level relationships will take our client offering to an even higher level.”
“Brian brings a valuable new dimension to understanding and advising clients on how to best achieve their objectives, which will further empower Willis Re to deliver the best solutions to its clients.”
Shea also stated: “I am excited about taking on this new role. Willis Re has a fantastic analytical competence and market standing, which my background and experience should complement. I look forward to working with my colleagues and interacting with Willis Re’s clients.”
