December 11, 2018
Willis Towers Watson (WTW) has strengthened its London market property and casualty (P&C) arm with two new senior hires.
Tom Rowley has been appointed senior vice president (SVP) for North American property, whilst Matt Harvey has been named SVP for international property.
Both Rowley and Harvey will sit within WTW’s P&C centre of excellence (CoE), which is responsible for the placement of US, international and UK retail risks into the London and international markets.
A former senior executive at Brit, WTW said that Rowley will be responsible for the design of a “cost effective and efficient platform” to bring middle-market, low-catastrophe exposed, low attrition property business in to the London market.
Meanwhile, Harvey joins from Aon where he was mostly recently responsible for the design and placement of international property risks.
In his new role, Harvey’s remit will include developing opportunities in the Asia Pacific region. He will also focus on identifying sustainable property business that can be placed into the London market for the long term as well as finding innovative solutions for hard to place risks, the broker said in a statement.
WTW said that the appointments were “designed to deliver strategic market growth harnessing the extensive range of Willis Towers Watson data, analytics and technology to enable the global insurance market to provide solutions to complement local market placements.”
Commenting on the hires, Garret Gaughan, head of P&C CoE said: “External issues such as Brexit, increased regulation and market volatility means our global clients are facing significant challenges.
“We recognize that continued innovation is necessary across the London market and these two appointments will ensure we can continue to bring depth of expertise and a compelling value proposition for our clients, as well as supporting the London market capability.”