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Press Release

Simon Buxton joins Willis Re as managing director, International Customised Reinsurance practice

Reinsurance
N/A

January 9, 2020

LONDON, 9 January, 2020 – Willis Re, the reinsurance business of leading global advisory, broking and solutions company, Willis Towers Watson (NASDAQ: WLTW), today announced the appointment of Simon Buxton as managing director of its International Customised Reinsurance practice, which focuses on non-traditional reinsurance. 

Simon is a fellow of the Institute of Actuaries UK and brings 20 years’ experience in reinsurance including roles as head of Structured Reinsurance at XL Financial Solutions and Allianz Risk Transfer, and global head of Treaty and Facultative at Allianz Global Corporate and Specialty (AGCS).

Reporting to Tony Melia, CEO, Willis Re International, Simon will be based in London and lead Willis Re's development in the fast-expanding customised reinsurance arena across the international region.

I have always admired Simon’s skills and professionalism, and I’m confident that his experience and proven expertise in the often complex alternative risk transfer field will significantly enhance the capabilities of our Customised Reinsurance practice.”

Tony Melia
CEO, Willis Re International

Tony said, “The search for optimal, customised reinsurance solutions to secure capital and earnings resilience, often across both assets and liabilities, is increasingly at the top of our clients’ strategic agendas. I have always admired Simon’s skills and professionalism, and I’m confident that his experience and proven expertise in the often complex alternative risk transfer field will significantly enhance the capabilities of our Customised Reinsurance practice. Working in close conjunction with James Mounty, who leads the wider global practice, and in partnership with our market leading Willis Towers Watson consulting teams, Simon will concentrate on providing structured solutions across all our geographic regions in all non-life and life classes of business.”

Simon added, “Having experienced both the buy and sell sides of customised reinsurance, I have seen how vital it is to have a trusted and expert advisor such as Willis Re supporting both sides in the journey of optimising the reinsurance structure. I look forward to offering my experience and support to the Willis Re international team and their clients, and helping Willis Towers Watson cement its position as a key player in the customised reinsurance space. By combining broker and advisory capabilities, I believe we bring a strong value proposition to our clients – providing credible and innovative reinsurance solutions.”

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 45,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimise 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. Learn more at willistowerswatson.com.

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. For more information, visit willisre.com.

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