Willis Towers Watson hires 37-year property risk specialist

Willis Towers Watson has appointed Gary Marchitello as head of property broking, North America, and will be based in New York.

Reporting to Matt Keeping, head of broking in North America, Marchitello will manage a team of 90 property insurance specialists and be responsible for driving growth across the business.

Marchitello has 37 years of experience in the insurance and property risk management field, having served as principal at Vanbridge’s property practice.

Prior to this, he has led property practices at Integro, Aon and Marsh.

“Gary has an outstanding reputation in the property market, and we are thrilled to welcome him to Willis Towers Watson,” Keeping said.

“This appointment reinforces our commitment to providing clients with the best expertise and market knowledge to help them effectively manage property risks.”

Marchitello added: “I am excited to join Willis Towers Watson and leverage its global resources and technical expertise.

“This is a team that looks at property portfolios in a very strategic way, focusing on optimising an organisation’s risk management program. Additionally, we are well positioned to draw on the current marketplace dynamics, including alternative capital solutions, to deliver sophisticated methods of risk financing to support clients’ needs.”