Charles Rumball, currently executive vice president of Willis Re’s Specialty Reinsurance Division in Bermuda, is relocating to New York to assume the new role of head of Specialty for North America for Willis Re.
Rumball brings considerable experience to his new position. He has worked as a lead underwriter across the specialty classes, and is experienced in portfolio management and structuring and negotiating group hedging strategies.
He was previously head of specialty reinsurance at Ariel Re, which he joined in 2006 from Guy Carpenter, where he was a reinsurance broker based in London and New York, after beginning his career in 2002.
Rumball will report in tandem to Donald Harrell, chief operating officer of Willis Re Specialty and Jeffrey Livingston, executive vice chairman, Willis Re North America.
“Clients increasingly make decisions on a local basis, so it is important to have an integrated specialty business within their own region,” Harrell said. “Because of that, Willis Re is investing to build out our North American specialty business structure with a broad focus, covering Inland Marine, Ocean Marine, Aviation, Energy and Retro.”
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