Willis Towers Watson expands Asia corporate risk and brokingSeptember 5 2018 by InsuranceAsia News Staff
Willis Towers Watson has signalled its intention to expand its corporate risk and broking business in Asia by appointing Scott Burnett to lead the division within the region.
Burnett is also currently head of Willis Towers Watson’s Asia region. He will continue to be based in Singapore.
“We see tremendous opportunities to increase market penetration and continue our business growth in this region,” says Adam Garrard, head of the international corporate risk and broking business.
During the past two years, Willis Towers Watson says that it has seen strong growth of the corporate risk and broking business in Asia, particularly in the North Asian markets, Indonesia and Malaysia, and has optimistic growth plans for the business.
“There are key opportunities for us to accelerate our focus on directly serving clients in Asia with an end-to-end value proposition,” says Burnett. “Today’s global business environment continues to evolve with ever increasing speed.”
New technologies, diverse demographic and societal changes, and their impact on the future of work are all transforming the way businesses in the region operate, Burnett adds.
“For the next phase, we will continue to deepen our risk analytical and advisory capabilities, and deliver innovative and integrated solutions that will address the risk and people challenges our clients face,” he says.
- September 18
Lei Yu to move from US broking powerhouse to Australian insurance giant in Hong Kong.
- September 14
Former CFO Vibha Padalkar will take up the new role for a term of three years.
- September 11
Inga Beale, CEO of Lloyd's of London, to leave next month.
- September 7
Rachael Tay will lead a team of 40 staff across China, Hong Kong and Singapore.