Global insurance and reinsurance broker Willis Towers Watson (WTW) has appointed Mark Hiles as Head of Power and Utilities for the Central and Eastern Europe, Middle East and Africa (CEEMEA) region.
Hiles will be responsible for developing client solutions and driving business growth in the power and utilities sectors across the region, aligning local demands with the company’s global strategy.
Based in Dubai, he is acting as a wholesale broker working in conjunction with WTW retail network and partners.
Hiles joins WTW from Bowring Marsh, where he most recently served as Head of Specialty for Power and Utilities in the Middle East and Africa.
During his 15-year career in the insurance marketplace, he has worked as an underwriter and a placing broker, and has experience in both the retail and wholesale sectors.
“We have an ambitious vision for growth across this diverse region and line of business, and Mark will be vital in developing our presence in key sectors with complex risk needs, like power generation and mining,” said Pamela Thomson-Hall, Head of CEEMEA at WTW.
“He’s a skilled and highly-respected adviser with invaluable experience in the region. I’m delighted he has joined the team.”
Graham Knight, Head of Natural Resources GB, also commented: “Mark brings exceptional technical and regional experience to our global power team in all facets of the business.”
“We look forward to supporting him as he develops and harnesses capacity, both in the CEEMEA region and the broader global power insurance marketplace, and delivers optimum risk transfer solutions to our clients based in the region.”
Hiles has previously worked with a wide range of clients, including vertically integrated, nationalised, regulated, de-regulated and independent power producers.
He also has expertise in placing risks for all major types of power and utilities companies, including coal, gas, hydro, nuclear, oil, wind and solar.