Insurance and reinsurance broking specialists Willis Towers Watson has appointed Alexis Faber as Global Head of Financial Lines, a promotion from her current role as co-head.
The unit comprises Financial and Executive Lines of insurance business, Financial Solutions and other financial products and is part of the company’s Corporate Risk & Broking segment.
Faber has and will continue to be responsible for the strategic direction of Willis Towers Watson’s global Cyber business as well, a key role given the expanding focus on cyber risk in insurance and reinsurance markets.
Faber will continue to report to Todd Jones, Willis Towers Watson’s Global Head of Corporate Risk & Broking.
In the new role she will be responsible for the strategic direction of the Financial Lines business, leading a team of over 800 professionals around the world.
Commenting on this appointment, Todd Jones said; “We are thrilled to have Alexis leading this important business for Willis Towers Watson. Her strong background in Financial Lines, combined with her broad financial, operational and leadership experience, will help us execute on our strategy in Corporate Risk & Broking.”
Source: Globe NewsWire.