Global insurance and reinsurance broker Willis Towers Watson (WTW) has appointed Colin Forrest as Regional Leader for Europe, Middle East and Africa (EMEA) in its Insurance Consulting and Technology business.
Forrest most recently served as leader of the UK Life team in WTW’s Insurance Consulting and Technology business, before which he was a Partner at Deloitte, where he led the firm’s Predictive Analytics team and spent a period leading the Swiss actuarial practice in Zurich.
He has over 25 years of experience in the re/insurance industry, and has held a range of senior roles across a number of life insurance companies and consulting firms.
Forrest takes over his new role from Frank Schepers, who has chosen to step into a new role managing large client engagements after leading the EMEA business for the past few years.
Alice Underwood, Global Leader of WTW’s Insurance Consulting and Technology business, commented on the appointment: “Colin has a proven track record with outstanding credibility, bringing expertise and a breadth of knowledge across the EMEA insurance space that will ensure we continue to serve the rapidly evolving risk and capital needs of our clients.
“His deep industry expertise and strong business leadership skills will help us to provide the innovative solutions being sought by our clients, during this time of rapidly accelerating change.”
Forrest also commented: “I am excited to be taking on this new role during such a challenging and dynamic period for the insurance industry.
“I look forward to working with our talented EMEA practice as we help our clients to transform their operations and to identify opportunities for profitable growth as the sector continues to face a volatile and complex risk and regulatory environment.”
Schepers added: “I am immensely proud of what we have achieved at Willis Towers Watson in recent years and glad to have played a leading role at such a transformational time in the company’s development. I am also delighted to have Colin as my successor – I have no doubt the business will continue to go from strength to strength under his leadership.”
Underwood continued: “Frank’s exceptional leadership and outstanding contribution has reinvigorated our EMEA business with increased focus on technology, strong revenue growth and a portfolio of major projects that are helping clients innovate and transform their operations.
“Frank’s support and counsel have also been immensely valuable to me and I’m grateful to have continued access to his knowledge and experience as he moves to a new role.”