Global advisory, broking and solutions company WTW has appointed Ryohei Nakazawa as its new Head of Japan and Head of Corporate Risk and Broking (CRB) in the country, effective 1st April 2024.
He will be based in Tokyo with a dual line of reporting to Luke Ware, Head of CRB Asia, and Simon Weaver, Head of Asia Pacific and Head of CRB Asia Pacific.
In this role, Nakazawa’s takes on oversight of the growth strategies and operations of WTW across its business in Japan and leading its CRB business in the country.
Ware commented on the appointment, “Roy’s global insurance experience will undoubtedly help develop and grow our Japan business, particularly as we look to accelerate our complex and specialty segments. We are confident that Roy will be well-positioned to lead our Japan team as we strive towards being Asia’s best risk advisor, specialist broker and client partner.”
Nakazawa is a broking, insurance and reinsurance industry veteran with over 35 years of experience in Japan and the US.
Currently, he serves at STARR Insurance Japan as the Chief Executive Officer and legal representative. Before this, Nakazawa’s experience included working for Marsh out of New York for over six years with the responsibility of Japanese clients outside Japan.
Before that, he was at Marsh Japan as the Head of Global Energy Practice for more than 11 years. Previously, Nakazawa also worked at NISSAN Fire & Marine, now Sompo Japan Insurance, as the leader of its energy production and construction department.
Weaver explained the importance of Japan as a key market in supporting WTW’s growth, with this appointment demonstrates the company’s commitment to investing in strong talent for the long-term future of the business.
“With Japan being a priority market in Asia Pacific, Roy will work with all segments and lines of business leaders to grow WTW, build smart connections and bring best-in-class solutions to all our clients in the Japanese market,” Weaver concluded.
