Willis Re, the reinsurance arm of Willis Group Holdings, has appointed Andrea Welsch to the position of Executive Director, effective May 28, 2012, based in London. In this newly created role she “will be contributing to Willis Re’s growth and performance as a leading broker in the reinsurance space,” said the announcement.
“She will work closely with the central and sales teams of Willis Re to drive growth and align resources to identify and deliver the best reinsurance solutions to Willis Re’s new and existing clients.”
Welsch brings ten years of Property and Casualty reinsurance industry experience to Willis Re. She most recently was Head of Business Development at Greenlight Capital Reinsurance Ltd. with responsibility for management of global Business Development, including identifying, sourcing and developing new and existing business opportunities.
She previously served as Vice President of the Structured Reinsurance team at Benfield Inc (now Aon Benfield) in New York. Before joining the reinsurance industry, Welsch practiced law at Herbert Smith, London, where she specialized in Mergers and Acquisitions and Insurance and Reinsurance. She is a registered member of the Law Society of England and Wales, the New York Bar Association and American Bar Association.
Willis Re CEOJohn Cavanagh commented: “We see great opportunity and growth potential for Willis Re and know that we have a strong and desirable offering to make to clients in the reinsurance market. As a significant part of our strategy, we identified the need for an individual to help better coordinate and manage our developing relationships.” He noted that Welsch “has a fine reputation in the market and an impressive background in business development in the reinsurance industry.”
Source: Willis Re
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