WTW picks ‘exceptional young talent’ to expand marine/cargo business in Asia
Global broker WTW has picked an “exceptional young talent” for a newly created role as it looks to grow its marine and cargo business in the Asian market.
Oliver Scarr (Pictured) has been appointed as head of cargo for Asia in its Marine team within the Corporate Risk & Broking (CRB) business. Based in Singapore, he will report to Lewis Hart, head of marine Asia, at WTW.
In his new role, Scarr will lead WTW’s cargo business in Asia, and be responsible for the delivery of WTW’s cargo value proposition into the Asian market. His role involves the development of a strategy to grow WTW’s cargo business, as well as the overall coordination of the firm's cargo placement and broking activities into Asia. He will also have oversight of product development to meet the evolving needs of those operating within the complex world of international trade.
Before relocating to Singapore, Scarr worked in WTW's cargo business in London within the firm’s global marine line of business. His focus was on the provision of risk and insurance solutions to a range of companies shipping goods around the globe. These included commodity traders, manufacturers, energy producers and shippers of all types of cargo.
Scarr started his career in the London market, joining WTW’s graduate programme in 2014 where he worked within WTW’s international cargo team. During this time, his focus was on the placement and servicing of business emanating from Asia, the Middle East and Africa. In 2016, he was seconded to Singapore, taking on responsibility for broking cargo risks into the regional Asian markets. He subsequently relocated to Hong Kong where he continued in this role, providing a valuable link between the regional Asian and London insurance markets.
Hart described Scarr as “a great example of an exceptional young talent at WTW”.
He said: “We are excited to welcome him back to Asia in this newly created role as Head of Cargo. Cargo is a key focus area for our marine business which we will continue to invest in throughout the region over the coming year as we build on our talented team.”
“Our global cargo business is structured around dedicated industry practice groups that consolidate knowledge and enable the delivery of tailor-made solutions specific to our clients’ industries. This enables us to take a strategic approach to working with companies as their risk partners even here in Asia. We take time to understand our clients’ risks and work with them on an ongoing basis to provide holistic and cost-efficient solutions to address their unique needs.”
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