Willis Group Holdings, the global risk advisor and insurance broker, has announced important changes to the leadership team at Willis Re Australia Limited, effective April 1, 2013.
Current CEO Michael Harden will become Chairman. “During his six year tenure as CEO, Willis Re Australia has enjoyed impressive growth and services a wide variety of clients across Australia, New Zealand and the Pacific Islands,” said the announcement.
Harden commented: “The organic growth of our business in recent years has been in large part due to the strength of our people and the culture within the organization. Willis Re Australia is leading the way in providing a holistic analytical broker service offering to clients, and this is reflected in the new leadership team, who bring together a wealth of reinsurance, advisory and analytical skills.”
Cameron Green will take over as CEO of Willis Re Australia. He has been with the organization for seven years and is currently the CFO.
Green will be joined in the leadership team by Ty Birkett and Karl Jones, who will both become Managing Directors. Jones has 17 years’ experience with Willis Re and Birkett joined Willis Re Australia in 2005. The overall experience of the new leadership team highlights the depth of knowledge and continuity that it will offer during this time of transition.
“In recent years broking organizations have become increasingly focused on broader risk management and analytics, including catastrophe and financial modeling,” Green said. “Willis Re has been at the forefront of this innovation, and this is reflected in the reinsurance and risk management solutions we develop to add value for our clients. Our team and one-flag approach at Willis Re means that current and future leaders will also be drawn from a wider background than has traditionally been the case in reinsurance brokers, bringing wider opportunities throughout the organization.”
Willis Re’s CEO John Cavanagh commented: “The re/insurance industry is constantly redefining itself. Insurers and reinsurers need to embrace a wider range of challenges than ever before, whether in the form of increasingly complex catastrophe modeling, big data, legal or regulatory issues. To reflect this, in recent years, Willis Re has focused on building a range of skills specifically designed to ensure a detailed understanding of the industry, and which allow us to provide a far more consultative approach.”
Source: Willis Re
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