LONDON, Nov. 28, 2016 (GLOBE NEWSWIRE) -- Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ:WLTW), today announced the promotion of James Kent Co-President of Willis Re and President of Willis Re North America to the position of Global Deputy CEO, Willis Re, with immediate effect. Willis Re passed final staffing test 'with flying colors': Kent Kevin James Made A Fortune On 'The King Of Queens' - TheThings James Kent to lead Gallagher Re as acquisition of Willis Re completes Willis Towers Watson Public Limited Company Theres no more talk of if, and whos going to come and whos not. As with any business, integration sounds very easy to say but youve got to put it into practice, and human beings are complex. PDF January 1, 2020 - WTW Gallagher Re: It gets easier from here - Insurance Insider Even in areas where there appears to be a concentration such as Latin America and Marine, the two businesses match up really well in having very different client profiles. We have much better data and analytics for our clients, well know whats going on at the very base of the capital management structure, and well be able to use that in the retail market.. Between 2012 and 2015, he served as the regional CEO of Willis Asia, based in Singapore, leading Willis' strategy in high-growth markets in the region. Expanding on Kents comments around talent, Gallagher commended the tremendous effort of the executive and leadership team of Willis Re through the entire organisation for being able to keep the team together. Aon names managing director, public sector partnership, 6. The combined company has more than 70 offices across 31 countries and about 2,400 staff, a Gallagher statement said. James Kent, Global CEO, Willis Re January 1, 2020 . No further leadership changes have been announced, he said. November 28, 2016 12:42 ET Kent explained that while theres been a ton of integration work on the operational side to bring these two entities together, the reinsurance business integration starts now. Kent immediately takes up his new role at Willis Re, working closely with global CEO John Cavanagh and global chairman Paddy Jago. Gallagher Re will be led by James Kent as Global Reinsurance Chief Executive Officer (CEO), reporting to Tom Gallagher, who is Gallaghers CEO of Global Property & Casualty Brokerage. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Here's How Much Energy Secretary Jennifer Granholm Is Worth - Forbes He will report to Tom Gallagher, Gallaghers CEO of global property & casualty brokerage. Willis Re 1st View In his additional capacity as Global Deputy CEO, Kent will work closely with Global CEO, John Cavanagh, and Global Chairman, Paddy Jago, to lead global business production, client and market relationship management and to drive the businesss operations worldwide. To search for a combination of terms, use quotations and the & symbol. April Reinsurance Renewal Pricing 'More of the Same,' Reports Willis Re And to be part of that in a bigger way now, the opportunity for us to know downstream what are the concerns of the reinsurance model? In the past seven years, Gallagher Re has established itself as the fifth largest reinsurance broker in the world. I think the key, and it really comes back to integration, is how do we best integrate that within the entirety of the Gallagher organization, and specifically Gallagher Re, to best serve our clients and make it most effective for our clients, in terms of new sales. The hope is that these additions will immediately provide exceptional value to insurance carriers and insurance capital providers around the world. Secure your place at the event here! July 6 (Reuters) - Willis Re, the reinsurance business of Willis Towers Watson Plc, named James Kent chief executive, succeeding John Cavanagh. Kent stressed that the company had been "humbled" by clients' response in a turbulent market. 36% of $500m+ reinsurance placements are non-traditional capital - ARTEMIS I am incredibly proud to be leading Gallagher Re into its next phase of growth.. Kent, who is the units deputy global CEO, takes over after Cavanagh retires in December. James Kent, Global CEO, Willis Re, said: "Reinsurance providers will be heartened by these results. This is not a synergy play, this is an investment play, Mr. Gallagher said, noting that it is Gallaghers biggest acquisition to date. Together, we will build upon our shared focus of outstanding service, expertise and client-centric culture. Steve Evans Ltd. registered in England No. . 2,200 new colleagues and virtually everybody said yes, lets give this a go, said Gallagher. Read more about Artemis. Global reinsurance capital increases 15% in 2019 WTW hires from Aon for corporate risk and broking role, 3. Or find and follow Reinsurance News on social media. Since then, Kent's salary has increased to $183,300 in 2021. Or find and follow Reinsurance News on social media. With the completion of its acquisition of the treaty reinsurance business of Willis Towers Watson, Arthur J. Gallagher and its reinsurance unit Gallagher Re has an opportunity to accelerate sales of insurance-linked securities (ILS), its senior executives told Artemis.

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