Towers Perrin Appoints Taylor-Gooby Managing Director, Tillinghast

September 5, 2006

Towers Perrin has named Steve Taylor-Gooby as managing director for its Tillinghast business. In his new role, Taylor-Gooby will assume responsibility for establishing overall strategic direction, key investment priorities and positioning for Tillinghast’s global organization. He was previously the Global Business Director for Tillinghast.

“Steve’s 30 years of financial services industry experience will provide strong and focused leadership to Tillinghast,” said Managing Director Tricia Guinn, who oversees both the Tillinghast and Reinsurance businesses of Towers Perrin. “Steve has worked with senior management at many of the leading multinational insurers in Europe and has specialty expertise in the areas of M&A and corporate restructurings, capital management and economic value analysis.”

“The insurance world is becoming more technically sophisticated every day,” said Taylor-Gooby. “Tillinghast combines strong scientific research with practical industry experience to help our clients gain competitive advantage in areas such as financial management, risk management and predictive modeling. Our deep bench strength and global network make us the clear leaders in our field today, and I intend to make sure that we build on this position.”

As a result of Taylor-Gooby’s new appointment, Richard Batty will assume management responsibility for the Asia-Pacific region in addition to his role as region manager for Europe.

“We see significant growth opportunities in Asia-Pacific, and Richard’s proven leadership in starting up new offices throughout Europe and in managing a multi-country region will be a big asset,” said Guinn.

Batty has extensive international experience, which includes assignments in every European country in which Towers Perrin has an office as well as in the United States, Australia and Morocco.

“High growth trends in the Asia-Pacific region will have a profound effect on the global marketplace,” added Batty. “Multinational companies are keen to move into Japan, Korea, China and India and other territories in the region because of their attractive demographics, evolving insurance needs and (in several cases) rapidly growing economies. The challenge for clients is to understand the local environments, particularly when working with local partners, and to make the right business and operating model choices.”

Source: Towers Perrin and Tillinghast

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