WTW, the global insurance and reinsurance broker, has appointed industry veteran Lucy Clarke as president, Risk & Broking.
Clarke joins the firm with 25 years of industry experience, which includes previous tenures working in leadership roles at major firms, such as JLT Group and Marsh.
Most recently, she served as the president of Marsh Specialty and Global Placement, and before that, she was the chief executive officer of JLT Global Specialty, the insurance and risk arm of the JLT Group.
At the same time, the broker has also appointed Adam Garrard to take on the new role of chairman, Risk & Broking.
Both Clarke and Garrard will work closely together to help drive the continued growth of WTW’s Risk & Broking segment, which comprises more than 14,000 colleagues serving 140 countries and markets across the globe.
In her role as president, Risk & Broking, Clarke will report to Carl Hess, WTW’s chief executive officer, and is responsible for the day-to-day financial and operational management and growth of the organisation.
Hess, commented on Clarke’s appointment: “Lucy’s addition to WTW further strengthens our Risk & Broking leadership team. I know she will help us relentlessly drive our strategic priorities forward and further enhance our specialization, digitization and optimization capabilities.”
Garrard, said: “We are excited to welcome Lucy to WTW today. Lucy is an industry leader committed to specialization, exceptional client service, data and analytics, aligning with core WTW market strengths and growth priorities. She has extraordinary market presence, a proven track record of delivering results and an intense focus on talent. We are confident in the role that WTW plays in supporting clients in an ever-changing risk landscape and will continue to add talent where there is a strong fit with WTW’s culture and ambitions.”
Addressing her appointment, Clarke said: “I’m honored to join WTW today. I’ve admired the company for many years, including the work that has been done in Risk & Broking to focus on specialization and the progress that has been made on digitization. I’m very excited to join my new colleagues as we work together to drive a relentlessly client-focused strategy.”
