Willis Towers Watson hires EY's Sutcliffe to lead insurance investment solutions group
Broker Willis Towers Watson has appointed Gareth Sutcliffe as head of the Insurance Investment Solutions Group (IISG), which is part of the company’s insurance consulting and technology (ICT) UK life business.
Based in London, Sutcliffe joins the IISG team from EY, where he was head of the UK investment advisory team. He has over 17 years of industry experience and during his time at EY specialised in advising insurers on private market assets and optimising the capital efficiency of their investments. He also advised asset managers on approaching the insurance market for convertible bond, high yield, real estate debt, infrastructure and diversified growth fund strategies. Prior to EY, Sutcliffe worked at L&G as a senior market strategist focusing on their annuity book.
Marcus Bowser, head of UK life consulting at Willis Towers Watson, said: “I’m delighted to announce that Gareth has taken on the role of Head of the IISG at this exciting stage in developing our insurance investment business. Gareth has all the leadership skills, experience and industry knowledge to successfully lead the UK team in helping to unlock value and enhance return on investment for our clients, as they continue to face challenging market conditions, including a continued low-yield environment and shifting regulations.”
Sutcliffe commented: “Against an uncertain regulatory backdrop and significant market disruption, insurers are increasingly turning to the expertise of third-party consultants to tackle these growing investment, liability and regulatory challenges, and through better asset allocation improve business performance and raise investment yields.”
Get all the latest re/insurance industry news with our daily newsletter - sign up here.
More of today's news
BGC seeks to disrupt 'stacked' aviation market with the launch of new broker
PERILS acquires Canadian loss aggregator CatIQ in expansion move
Artex shuffles senior ILS and Bermuda leadership in growth push
Nephila chair says weather protection market ‘like early days of cat ILS’
TigerRisk brings Willis Re EVP for US West Coast expansion
