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Press Release

David Schoenrock appointed EVP and Head of Global Accounts for Willis Re North America; Doug May promoted to President

Insurer Solutions

November 7, 2019

NEW YORK, 7 November 2019 — Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ: WLTW), today announces the appointment of David Schoenrock to the new role of Executive Vice President and Head of Global Accounts for Willis Re North America, effective 23 December.

Dave brings considerable experience to his new position including 17 years at Guy Carpenter and prior to that, 17 years at General Re. Dividing his time between New York and Stamford, Dave will focus on liaising with the senior executive teams of major U.S. clients and prospects, working across Willis Re’s broking, actuarial, and modelling teams to set and execute strategy for North American based global accounts. Dave will also mentor colleagues in both offices and assist with product design and development for Willis Re’s global clients.

Dave will report to Doug May, who is concurrently promoted to President of Willis Re North America. Doug’s role as manager of Willis Re’s North America Business Segments and a member of the NA Executive Committee will remain unchanged. After joining Willis Re in 2007 following 12 years at Guy Carpenter, Doug has played a key role in Willis Re North America’s success, particularly in his leadership of the Personal and Small Commercial Property segment and more recently in helping drive new business production through the creation of product and content across all business segments.

Commenting on Dave’s appointment, Jim Bradshaw, Chief Executive Officer of Willis Re North America, said: “We are thrilled to have someone with Dave’s expertise and work ethic join the team. His considerable experience and stellar reputation in the market will allow him to immediately plug into our major account portfolio and across the broader Willis Re. He will provide critical assistance to our efforts to grow our footprint and attract new clients in this space. Most importantly, Dave fits perfectly into our culture of collaboration and mentorship and will be invaluable asset in our efforts to pair seasoned executives with up-and-coming talent, ensuring our clients continue to get the benefit of market experience and new perspectives”.

“Promoting Doug makes perfect sense as well. He has been an outstanding performer and has played a huge role in the development of our North American business. He was a driving force in the successful launch of our recent Wildfire Model and has been a key driver in client and prospect focused risk management and mitigation projects. He is admired and respected by colleagues and clients alike and he is well suited to assume this role.”

Doug said: “I am continually amazed by the abilities of Willis Re colleagues and the incredible platform we have to serve clients. I am excited about this new role and look forward to working with our branches and segment leaders to better serve our clients.”

About Willis Re

One of the world's leading reinsurance brokers, Willis Re is known for its world-class analytics capabilities, which it combines with its reinsurance expertise in a seamless, integrated offering that can help clients increase the value of their businesses. Willis Re serves the risk management and risk transfer needs of a diverse, global client base that includes all of the world's top insurance and reinsurance carriers as well as national catastrophe schemes in many countries around the world. The broker's global team of experts offers services and advice that can help clients make better reinsurance decisions and negotiate optimum terms.

About Willis Towers Watson

Willis Towers Watson (NASDAQ:WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has over 45,000 employees serving more than 140 countries and markets. 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. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential.

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