Global insurance and reinsurance brokerage, Willis Towers Watson (WTW), has announced two key appointments within its London Political Risk and Trade Credit division, as it looks to expand its Financial Solutions department.
Both Claire Simpson and Victoria Padfield join Willis from insurer and reinsurer Hiscox, where they held underwriting positions.
Simpson joined Hiscox in 1998, and most recently held the position as Head of Political Risks and Trade Credit underwriting. Padfield spent 30 years working at Hiscox in various roles, and has extensive experience underwriting all aspects of political and credit risk exposures.
Commenting on the appointments Paul Davidson, Chairman of Financial Solutions, WTW, said; “We are delighted to welcome Claire and Victoria to our team of 120 dedicated political risk and credit specialists operating within the Financial Solutions global platform around the world.
“Their extensive knowledge and experience is a tremendous addition to our business. Claire joins us as our Global Claims Director and this senior appointment reflects the intrinsic value of claims management in this highly complex business and its significant position within our global client proposition.”
