Willis Group Holdings announced the appointment, effective immediately, of Seth Peller as Global CEO of its Fine Art, Jewelry and Specie (FAJS) division. From his base in London, Peller will lead FAJS teams in the UK, US and worldwide. “He replaces David Gordon, who has resigned from the Willis Group in the wake of a lawsuit, and is serving his notice period.
Peller has more than 20 years of experience in the insurance industry and has held a number of senior leadership roles at Willis in both mature and emerging markets, including Global Head of Casualty and CEO of the firm’s Argentina operations.
Willis noted that it has a “long established reputation for addressing these specific risks for clients on an international basis. Its specialty team collaborates closely with colleagues worldwide, including across a variety of industry-focused teams, to design bespoke, global insurance programs. It is supported by dedicated in-house claims and risk management services.
Steve Hearn, Deputy CEO of Willis Group Holdings, commented: “Willis has a long and proud history in the fine art, jewelry and specie markets, providing insight-driven, comprehensive risk solutions to clients worldwide. We are committed to investing in, and continually improving, our offering to clients under Seth’s strong leadership,” adding that his London market and technical knowledge and “wide-ranging relationships with colleagues, carriers and clients will ensure we remain at the forefront of this highly specialized and increasingly global market.”
Peller emphasized Willis’ dedication to its clients; indicating that he intends to “challenge the status quo, to innovate and to drive this business forward. We will put aside any preconceived notions, and draw on capabilities from across Willis to develop further our global offering in fine art, jeweler and specie. I’m looking forward to leading a business with a fine heritage and an exciting future.”
Source: Willis Group Holdings
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