Towers Watson has strengthened its presence in the London reinsurance market through two appointments to its claims team. The new hires, Terry Williams and Lee Stannard, join in response to growing opportunities in the broker replacement services area.
Both Mrs. Williams and Mr. Stannard bring 30 years of combined experience which adds further expertise to the company’s claims team. The appointments follow a number of senior hires in Towers Watson's North America reinsurance team.
Paul McCarter, claims managing director at Towers Watson’s London reinsurance business, said: “We are delighted that Terry and Lee are joining Towers Watson. They bring a wealth of experience that will further strengthen our position in the marketplace and boost our consultancy capability for clients.”
Towers Watson recently announced that, in line with other recent successes, it had been appointed by ACE US APH to take over its broker [placement] services. Both Mrs Williams and Mr Stannard will work with ACE US APH to provide this specialist service which Towers Watson has offered since 2009.