Willis Re, the reinsurance broking business of Willis Towers Watson, announced the appointment of Cameron Green as head of its International Casualty Reinsurance practice as well as chair of Willis Re Australia.
In this new role as the leader of the Casualty practice, Green will be responsible for the segment’s growth and development across Willis Re’s International business. He will also work on specific projects within the Asia Pacific region.
John Philipsz, who was the deputy CEO of Willis Re Australia, has been appointed as the chief executive, succeeding Green. Both appointments are effective as of Jan. 1, 2020. Green and Philipsz will continue to be based in Sydney.
Green, who has been Willis Re’s CEO in Australia since 2013 and worked with the company for 11 years, said he was looking forward to developing the Casualty practice for Willis Re International in addition to delivering strategic support for several of its Australian and New Zealand based clients.
He previously was a reinsurance broker with Benfield in Australia (2005 to 2008), according to his LinkedIn profile. He also was a vice president with Guy Carpenter (2003 to 2005); account executive with Willis Re (2001 to 2003) and casualty underwriter with Swiss Re (1999 to 2001), his profile said.
“Willis Re has identified the Casualty segment as a key opportunity for its international business, and I’m excited to be able to open doors for clients in such a dynamic area of reinsurance. It is an environment characterized by continuous changing demand for coverage,” said Green.
“Furthermore, a closer working relationship with our US business and colleagues will be of significant benefit for our international business,” he said.
Philipsz joined the Australian team of Willis Re in 2018 from Willis Towers Watson Securities. He became deputy CEO in January 2019, according to a Willis Re announcement at the time. He was previously based in London for Willis Towers Watson Securities before launching its Sydney office in 2015, and was appointed as its co-head of Asia Pacific in 2016, according to the 2019 announcement. Philipsz has over 20 years of investment banking experience, primarily covering the insurance sector. Prior to Willis Towers Watson, he held various roles at Merrill Lynch and Bank of America in London, New York and Tokyo.
“I’m delighted to be assuming the CEO role and will continue to develop the client-focused platform that has thrived under Cameron’s leadership,” said Philipsz.
“We have an exceptionally talented team and will carry on investing in our business to ensure that we provide our clients with leading strategic advisory and execution capabilities,” he added. “We are focused on delivering innovative solutions for our clients across disaster and climate resilience, capital and portfolio optimization, income diversification and growth, as well as traditional risk transfer and protection options.”
Commenting on the appointments, Mark Morley, managing director of Asia Pacific at Willis Re, said: “The two executive positions will enhance the services and capabilities we provide to our clients throughout the region. At the same time, Cameron will continue to support Willis Re’s strategic development in Australia and New Zealand, playing a key advocacy role for a number of clients throughout these markets.”
Source: Willis Re and Willis Towers Watson
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