Posted on 02 Mar 2012
Willis Re, the reinsurance arm of Willis Group Holdings, the global insurance broker, today announced that David Rainbow has been appointed to lead the company’s European Reinsurance business, as Managing Director, Willis Re Europe
John Cavanagh, Global Chief Executive Officer Willis Re said “David has devoted his career at Willis Re to the development of our European reinsurance business, focussing on achieving breakout growth in Europe and concentrating particularly on large client reinsurance strategies, new business production and client retention. Europe is a key market for our international business and there’s no one better than David to look after the relationships that we have forged in the region, whilst continuing to develop our interests.”
Rainbow, who joined Willis Re in 1975, has spent the last thirty seven years expanding Willis Re’s presence on the ground in Continental Europe, including the opening of the company’s first wholly owned European office in France in 1992.
Tony Melia, CEO Willis Re International Business, to whom Rainbow will be reporting, said “Willis Re is very well placed to continue to capitalize upon major advisory opportunities in Europe thanks to our unique ability to provide effective, easily understood responses to the ever more complex challenges that our clients face, both in business and regulatory fields. David has been closely involved in building our integrated network of commercial and analytical resources and is the natural choice to take Willis Re forward in Europe.”