Willis Towers Watson has appointed Nigel Goodlad as the European regional managing director of its global captive practice.
Goodlad is now responsible for local offices throughout Europe offering insurance company management services.
Goodlad was previously responsible for Willis's captive insurance company management services operation in Malta. In his new role, he will continue to be located on the island.
Commenting on his appointment, Goodlad said: “This is a tremendously exciting time—particularly with the successful completion of the merger of Willis Group Holdings and Towers Watson as well as our integration of Gras Savoye, the leading French insurance broker."
"I will be looking to build on the success of the Malta office with a wider number of operations throughout Europe. Solvency II is now part of the business fabric in Europe. We have in the pipeline a broad range of captive and niche insurer projects to work on as we deliver attractive risk financing solutions to our clients within the EU."
Willis Group and Towers Watson successfully completed their merger on 4 January.
John Haley, CEO of Willis Towers Watson, commented: “Willis Towers Watson is uniquely positioned to see the connections between talent, assets and ideas and how they can lead to strong performance and growth for our clients. We intend to help our clients manage risk and engage their people in a whole new way.”
The company advises clients across four business segments, including, corporate risk and broking, exchange solutions, human capital and benefits and investment, risk and reinsurance.