WTW has said that it is appointing Oliver Scarr to be its new head of cargo in Asia in its marine team within its corporate risk and broking business.
The firm said in a statement that Scarr will be based in Singapore and report to Lewis Hart, head of marine Asia. In this new role, Scarr will lead WTW’s cargo business in Asia, and be responsible for the delivery of WTW’s cargo value proposition into the Asian market.
His role involves the development of a strategy to grow WTW’s cargo business, as well as the overall coordination of the firm’s cargo placement and broking activities into Asia. He will also have oversight of product development to meet the evolving needs of those operating within the complex world of international trade.
Hart said: “Oliver is a great example of an exceptional young talent at WTW and we are excited to welcome him back to Asia in this newly created role as Head of Cargo. Cargo is a key focus area for our marine business which we will continue to invest in throughout the region over the coming year as we build on our talented team.”
He added: “Our global cargo business is structured around dedicated industry practice groups that consolidate knowledge and enable the delivery of tailor-made solutions specific to our clients’ industries. This enables us to take a strategic approach to working with companies as their risk partners even here in Asia. We take time to understand our clients’ risks and work with them on an ongoing basis to provide holistic and cost-efficient solutions to address their unique needs.”
Before relocating to Singapore, Scarr worked in WTW’s cargo business in London within the firm’s global marine line of business. His focus there was on the provision of risk and insurance solutions to a range of companies shipping goods around the globe. These included commodity traders, manufacturers, energy producers, and shippers of all types of cargo.
Scarr started his career in the London market, joining WTW’s graduate programme in 2014 where he worked within WTW’s international cargo team. During this time, his focus was on the placement and servicing of business emanating from Asia, the Middle East and Africa. In 2016, he was seconded to Singapore, taking on responsibility for broking cargo risks into the regional Asian markets. He subsequently relocated to Hong Kong where he continued in this role, providing a link between the regional Asian and London insurance markets.
