Insurance and reinsurance broker Willis Towers Watson has announced the appointment of Paul Bailie as head of its Bermuda Captive practice, set to lead business development and delivery of the company’s value proposition and provide strategic guidance to Bermuda captive and insurance management clients.
Bailie will report to Paul Owens, managing director, Willis Towers Watson Global Captive practice.
Owens said: “Paul brings tremendous expertise and market credibility to this role, and he is well positioned to help us lead our captive business in this important domicile.
“As traditional and nontraditional sources of capital influence market dynamics, and new and emerging risks fuel growth in the captive marketplace, Willis Towers Watson is committed to delivering solutions to help organizations succeed in this environment.”
In his new role, 30-year captive insurance industry veteran Bailie will also collaborate across the company’s global businesses and product lines, including Alternative Risk Financing, Willis Towers Watson Securities and Risk & Analytics Services, to deliver innovative risk financing solutions for clients.
He has held a number of leadership roles in the industry including with JLT Insurance Management in Bermuda and prior to joining Willis, Bailie was active in consulting assignments and served as an independent director on a number of boards.











