Re/insurance broker WTW, has appointed Sudhir Modhvadia as Head of Structured Risk, GB, where he will report to Alex Shepherd, Head of Facultative, WTW.
Within this role, he will also be based in London.
As Head of Structured Risk, Modhvadia will be responsible for all multiple risk transactions within Facultative as the team looks to expand its strategic reinsurance offering to cedents.
At the same time, Modhvadia will also work with all lines of business within WTW to develop the broker’s risk facility and portfolio management capabilities.
Modhvadia was previously at RenaissanceRe Syndicate 1458 and is a very experienced Property Underwriter with deep technical specialisms across most assumed lines of Property business, covering Insurance (Open Market and Delegated Authorities) and Reinsurance (Treaty XOL and Proportional).
“We are delighted to welcome Sudhir to the WTW team. Our facultative team continues to grow from strength to strength and Sudhir brings extensive industry experience across the complex area of structured risk,” said Alex Shepherd, Head of Facultative WTW.
“Sudhir joins us at an incredibly exciting time for our global facultative business, as we continue to solidify our proposition and support our clients with innovative solutions.”
Modhvadia’s appointment follows a string of recent hirings from WTW, including Lee Garvey, who will take on the role of regional head of financial solutions for Asia Pacific at the beginning of July, and Taffy Jo Mayers, who was recently added to the broker’s Insurance Consulting and Technology business.