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17 June 2022Insurance

WTW looks to Aon and DE Shaw for expansion in North America

Global broker  WTW (Willis Towers Watson) has tapped two new hires from Aon and DE Shaw to further expand its mergers and acquisitions (M&A) and life sciences leadership in North America.

Stephen Feick has been appointed deputy director of life sciences, North America, and Jason Bertoldi head of contingent risk solution for North America.

Feick joins  WTW with more than 20 years’ experience in the insurance industry, including most recently as account executive and senior vice president within Aon’s life sciences practice.

In his new role, Feick will provide guidance and assistance to life sciences specialist at  WTW, in addition to bringing his industry expertise to life sciences clients.

Bertoldi joins  WTW from DE Shaw group, where he was a member of the litigation investing team. Prior, he served as a litigator at Susman and Godfrey, and as a former law clerk for the Hon. Katherine Polk Failla of the Southern District of New York, and the Hon. Karen Nelson Moorved of the U.S. Court of Appeals for the Sixth Circuit.

Bertoldi will help WTW to expand its product placement offering with transaction risk to include contingent liability, in addition to tax, representations, and warranties.

Mark Rusas,  WTW's M&A leader, said: “We are excited to have Jason join our M&A Practice to focus on differentiating our product and service offerings in transactional insurance. Jason will provide compelling intellectual capital focused on contingent liability opportunities. His experience in litigation funding, combined with his strong legal background, will further augment our value proposition and evolve our strategy of delivering a fully-integrated risk management proposition dedicated to our clients and prospects.”

John Connolly, executive vice president of life sciences, noted: “Steve’s experience, passion and expertise in problem-solving for Life Sciences companies will be invaluable as he joins the leadership of our industry practice. His hiring reflects our ongoing commitment to supplement our insurance expertise with unparalleled understanding of the specific evolving risks that companies in this sector face.”

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