New risk & broking president, chair assume positions at WTW

New risk & broking president, chair assume positions at WTW | Insurance Business New Zealand

Insurance News

New risk & broking president, chair assume positions at WTW

New addition says she has “admired the company for many years”

Insurance News

By
Terry Gangcuangco

Lucy Clarke and Adam Garrard have now assumed their new roles as risk & broking president and chair, respectively, at WTW.

The duo, whose appointments were announced a year ago, will collaborate closely to advance the growth of WTW’s risk & broking division, which spans over 14,000 employees serving 140 countries and markets.

Clarke, who made the switch from Marsh, is in charge of the financial and operational management and expansion of the key unit. Prior to Clarke’s arrival on July 22, Garrard served as risk & broking head.

“We are excited to welcome Lucy to WTW,” Garrard commented. “Lucy is an industry leader committed to specialisation, exceptional client service, data and analytics, aligning with core WTW market strengths and growth priorities.

“She has extraordinary market presence, a proven track record of delivering results, and an intense focus on talent. We are confident in the role that WTW plays in supporting clients in an ever-changing risk landscape and will continue to add talent where there is a strong fit with WTW’s culture and ambitions.”

Having worked in London in the UK since 1990, Clarke’s credentials include time spent as chief executive of JLT Global Specialty.

On coming on board, Clarke noted: “I’m honoured to join WTW… I’ve admired the company for many years, including the work that has been done in risk & broking to focus on specialisation and the progress that has been made on digitisation. I’m very excited to join my new colleagues as we work together to drive a relentlessly client-focussed strategy.”

Meanwhile, WTW CEO Carl Hess remarked: “Lucy’s addition to WTW further strengthens our risk & broking leadership team. I know she will help us relentlessly drive our strategic priorities forward and further enhance our specialisation, digitisation, and optimisation capabilities.”

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