WTW nabs RenRe/Fidelis senior underwriter as head of GB structured risk

Global insurance broker  WTW (Willis Towers Watson) has nabbed a senior property underwriter from RenRe to help expand its global facultative business.

Sudhir Modhvadia (pictured) has joined  WTW as head of structured risk in Great Britain. He will report to Alex Shepherd,  WTW's head of facultative, and be based in London.

Modhvadia comes from Fidelis Insurance, which he joined in January this year as a senior underwriter. He was formerly at RenaissanceRe Syndicate 1458 and is an experienced property underwriter with deep technical specialisms across most assumed lines of property business, covering insurance (open market and delegated authorities) and reinsurance (treaty XOL and proportional).

In his new role, Modhvadia will be responsible for all multiple risk transactions within facultative as the team looks to expand its strategic reinsurance offering to cedents.  He will work with all lines of business within  WTW to develop their risk facility and portfolio management capabilities.

Shepherd said: “We are delighted to welcome Sudhir to the  WTW team. Our facultative team continues to grow from strength to strength and Sudhir brings extensive industry experience across the complex area of structured risk. Sudhir joins us at an incredibly exciting time for our global facultative business, as we continue to solidify our proposition and support our clients with innovative solutions.”

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