Thursday, May 24, 2018

Willis Towers Watson hires P&C consulting head for S Asia

Willis Towers Watson has appointed David Maneval as property and casualty sales and practice leader for its insurance consulting and software business in South Asia.

In his new role, Maneval is responsible for leading and developing the non-life insurance consulting practice across South Asia, covering countries such as Singapore, Thailand, Indonesia, Malaysia and Vietnam. His focus is to provide consulting to the insurance industry regarding financial and regulatory reporting, market strategy, mergers and acquisitions, and risk management.

“The insurance sector in Asia is facing multiple challenges, such as low interest rates and low yields, changing business and risk management processes, uncertainty over regulatory change and digital transformation,” said Richard Collis, head of Willis Towers Watson’s insurance consulting and software business in Asia Pacific.

“At the same time, advances in areas such as computer processing and storage capability — especially cloud — along with the growth in software-as-a-service and insurtech are seeing businesses constantly push the envelope to improve competitiveness and the overall user experience.”

Based in Singapore, Maneval reports to Ken Brown, head of South Asia and emerging markets for the firm’s insurance consulting and software business.

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