Willis appoints insurance consulting head for Hong Kong, Taiwan

Broker Willis Towers Watson said on Sept. 19 that it appointed Albert Li as head of Hong Kong and Taiwan for its insurance consulting and technology business.

Li brings 24 years’ experience as an actuary in the US life insurance industry, and more recently three years as the chief actuary and chief risk officer with Cigna in Indonesia, and three years with Chubb Life in Vietnam. Li’s appointment took effect on September 1, 2017. He is based in Hong Kong.

Li reports to Richard Collis, managing director of Willis Towers Watson’s insurance consulting and technology business in Asia Pacific. Li joins more than 250 insurance-focused consultants and specialists in nine Asia Pacific markets. He will be responsible for developing opportunities and supporting clients in both Hong Kong and Taiwan. He will manage the Hong Kong business, lead and develop a team of colleagues, and partner with clients to deliver solutions spanning the entire insurance value chain.

“Albert is a very valuable addition to both our Hong Kong and regional leadership teams,” said Collis.

“He has deep industry experience and will play a pivotal role in bringing the regional practice and functional initiatives to Hong Kong and Taiwan. Business and risk management processes continue to change in the low yield environments of Hong Kong and Taiwan. This is creating new challenges – but also new opportunities – in terms of investment and financial security within the region. With new senior appointments like Albert, we continue to strengthen and diversify our bench of talent in order to address clients’ strategic business needs.”

Li’s appointment follows several other new hires in Willis Towers Watson’s insurance consulting and technology business in the region, such as Mei-Chee Shum as head of life, North Asia, Kevin Angelini as head of strategy for Asia Pacific, and more recently David Maneval as head of property and casualty, South Asia.

Get the latest re/insurance news sent to your inbox every day -  Sign up to our free email newsletters

Integro hires UK chief financial officer

HCI Group unit to start writing flood insurance in Texas

Cat modelling needs to move beyond property losses post Harvey: Russell

Investors expect worse losses than Hurricanes Harvey, Irma and Maria

Don't miss our insurtech email newsletter - sign up today