Willis Announces Senior Appointmentsfor New Global Industries and Products
London, UK, October 24, 2013 - Willis Group Holdings, the global risk adviser, insurance and reinsurance broker,
today announced a series of senior appointments to lead the company's new global industries and products.
These new roles, which align all of Willis' capabilities and expertise around geographies, industries and products,
are effective on January 1, 2014. This evolution in Willis's organizational structure is in response to
listening closely to clients around the world who want broad, bespoke and fast access to all
of their risk advisor and broker’s risk management services in a more seamless package.
The appointments that Willis is announcing today encompass four of the company's large global industries and a
number of product areas. The four industries are Aerospace, Construction, Financial Institutions and Natural Resources. The
leaders of these industries will be building teams of experts from within Willis and bringing in
outside talent where necessary and will establish a stronger, more coordinated regional presence in the various
territories in which Willis operates. While the first four of the global industries are being announced
today, additional global industries will be similarly configured in the coming months.
"Our aim is to bring the best of Willis to our clients, and so achieve sustainable growth
for the firm" said, Dominic Casserley, CEO of Willis Group. "At our investor conference in July,
we said that unlocking growth in the coming years would correspond with anticipating our clients' future
needs. They've told us they need resilience across their operations and access to the best products
and services we can provide, no matter where it sits in our organization. Our appointments today
align our best expertise, knowledge and capabilities, bringing them to our clients where they need it
most," Casserley added.
The industry appointments announced today, all of whom will report to Steve Hearn, Deputy Group CEO and
Chairman and CEO of Willis Global, include the following:
Alastair Swift will lead Willis Group's Global Aerospace industry. Prior to this appointment, Swift served as the
Chief Executive Officer of Global Placement for Willis Group, responsible for the company's overall coordination and
market relationships with global insurance carriers. Philip Smaje, Global CEO Aerospace, who has been leading Willis's
Aerospace Specialty business, will work closely with Swift to execute the Group's broadened strategy. Willis is
a recognised leader in the aerospace market, with an impressive client portfolio across the aerospace sector
Bill Creedon will lead Willis Group's Global Construction industry. Since 2008, Creedon has been a senior executive
of Willis North America (WNA), serving most recently as National Partner for the West Region of
WNA in North America. He joined Willis in 2008 and has 28 years of experience of
the construction and insurance sector.
Mary O'Connor will lead Willis Group's Financial Institutions industry. O'Connor has previously served as Willis's head of
Risk and Compliance. O'Connor is an accomplished lawyer with over two decades of senior government and
private sector experience in areas of regulation and financial crime in the UK, the U.S. and
internationally. She joined Willis from the UK Financial Services Authority (FSA)
Alistair Rivers will lead Willis Group's Natural Resources industry. This includes the mining, energy, power, utilities and
renewables industries. In addition to this role, Rivers will oversee development of additional specialized industry teams
at Willis. Previously, Rivers served as Chief Executive Officer of Willis's Global Marine and Energy Divisions,
where he oversaw the design, placing and servicing of all major accounts.
In addition to the global industries noted above, Willis today announced several additional appointments that also align
the company's expertise with client needs. These appointments include the following:
Dominic Samengo-Turner will serve as Willis Group's Global Head of Broking and Products, responsible for delivering the
full range of insurance solutions to Willis clients across industry sectors and geographies. Samengo-Turner will report
to Steve Hearn. Previously, as CEO of Willis Faber and Dumas, he was responsible for the
London Market wholesale businesses. Samengo-Turner joined Willis in 1991.
Product leaders announced today include Property, Financial Institutions (FI), Professional Indemnity (PI) and D&O, Political Risk and
Kidnap & Ransom (K&R). The new leaders, who will take up their roles from 1st January
2014, will report to Dominic Samengo-Turner.
Gianmarco Tosti will lead Global Property. Tosti was appointed CEO of Willis Limited's Construction, Property and Casualty
Division in 2013. Tosti joined Willis Limited in 2006 as Head of Southern Europe for Global
Markets International, coming from Aon Re Italia, where he was Head of the Facultative Non Marine
Division, and a member of the Board.
Roland Avery will lead Global FI, PI and D&O. Avery is currently Chairman of FINEX Global and
has specialised in the Financial Lines sector for the last 16 years. Prior to joining Willis
in 2004 he was Managing Director and COO of Aon's Financial Lines business. Avery started his
career some 30 years ago as a property underwriter and subsequently worked for an International Lloyd's
Broker in various positions, primarily focussed on UK retail business.
Paul L Davidson will lead Global Political Risk. Davidson is Chairman & CEO of Global Specialties Financial
Solutions Division and is an Associate of the Chartered Institute for Securities and Investment (ACSI). He
is also responsible for the development and publication of the Willis Political Risk Index, published three
times a year and produced in conjunction with Oxford Analytica. He joined Willis in 1975. His
early experience was in US casualty and bankers' insurances, and he played a major role in
the development of expatriate executive protection and political risk insurance.
Douglas Milne will lead Global Kidnap & Ransom (K&R). Milne will also continue in his role as
Chief Executive Officer of Special Contingency Risks Ltd (SCR). SCR encompasses all aspects of People Risk
Management, providing Personal Accident and Corporate Evacuation supported by Alert:24, SCR's fully integrated 24 hour manned
crisis response centre. Milne was a founding member of the K&R division, now the world's leading
broker in this specialist field since its beginnings over 35 years ago. Milne joined Willis in
Commenting on the product leader appointments, Dominic Samengo-Turner said: "The new global product leaders will work with
the newly appointed global heads of industry and with existing regional and office leaders around Willis
to bring the full range of our insurance solutions to clients. I look forward to working
with them to design the next generation of innovative product solutions."
In other appointments announced today, David Thomas will serve as CEO of Market Services and Solutions, responsible
for leading the development of the company’s global carrier relationships. Reporting directly to Dominic Casserley, this
new role is intended to focus exclusively on the company's relationships with insurance carriers and to
create a clear separation with corporate client service. Thomas was previously Director of Strategy and Transformation
for the Willis Global business unit. Prior to his role with Willis Global, Thomas had served,
beginning in 2009, as an Executive Vice President and Managing Director of Willis Re. Thomas joined
Willis Re from international specialty reinsurance broker RK Carvill, where he served as joint CEO.
Willis also announced today the formation of a new unit focusing on growing Willis's share of Facultative
Reinsurance for named cedants. The new unit will be established within Willis subsidiary Faber Global, reporting
to Faber Global CEO Jason Howard. The unit will shape and coordinate Willis' facultative offering to
the company's leading insurance carrier partners through appointment of client advocates for each major cedant. Howard
will be responsible for leading the combined Facultative and Wholesale strategy, as well as for the
strategic growth and development of Faber Global.
Commenting on the range of appointments announced today, Dominic Casserley added: "The world of risk is evolving
rapidly, matched only by the fast changing risk management needs of our clients. The appointments we
are announcing today reflect Willis's commitment to match the changed environment that our clients face with
strong, nimble and global capabilities and leaders aligned around geography, industry and product. What makes Willis
special, today and tomorrow, is how we combine our collective expertise, experience and capabilities to find
the best risk management solutions for our clients."
Willis Group Holdings plc is a leading global risk adviser, insurance and reinsurance broker. With roots dating
to 1828, Willis operates today on every continent with more than 17,000 employees in over 400
offices. Willis offers its clients superior expertise, teamwork, innovation and market-leading products and professional services in
risk management and transfer. Our experts rank among the world’s leading authorities on analytics, modelling and
mitigation strategies at the intersection of global commerce and extreme events. Find more information at our
website,www.willis.com , our leadership journal,Resilience , or our up-to-the-minute blog on breaking news, WillisWire. Across geographies, industries and specialisms, Willis provides its local and multinational clients with resilience for
a risky world.
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