Willis Towers Watson Bolsters Its Position in Global Life Market With Appointment of Mark Brown

LONDON, England, April 11 -- Towers Watson, an advisory, broking and solutions company, issued the following news release:

Willis Towers Watson has strengthened its Insurance Consulting and Technology business by appointing Mark Brown as Global Product Leader of the firm's Life Financial Modelling activity.

Based in London, Mark joins the Insurance Consulting and Technology team from FIS, where he was Product Leader for the risk management platform Prophet. He has over 20 years of industry experience and during his time at FIS he specialised in leading roadmap and strategic developments focused on governance, Solvency II and IFRS 17.

In his new role, Mark will be responsible for global innovation in Life Financial Modelling, including driving the roadmap for its flagship life financial modelling product RiskAgility Financial Modeller (FM), part of Willis Towers Watson's Solutions for Life suite.

Commenting on his new appointment, Mark said: "I am excited to be joining Willis Towers Watson, which has a strong track record for solving business problems through its deep understanding of insurance consulting and cutting-edge technical and software solutions. This is a challenging period for the life insurance industry, which is in the middle of a fundamental transformation, and I look forward to working with our clients to help them identify opportunities to improve business performance."

Joel Fox, Managing Director, Insurance Consulting & Technology, Willis Towers Watson, said: "Mark is an excellent addition to our team and we are delighted to have someone of his experience on board at this exciting stage in developing our business globally. Mark's exceptional skill set will be a real asset to our Life business and we're confident he will help us deliver the innovative and cutting-edge solutions being sought by our clients, as the sector continues to face a volatile and challenging risk environment, exacerbated by regulatory change."

At the same time of Mark's appointment, Juriaan Borst will also be transferring from his existing role in Willis Towers Watson's Amstelveen office to take on the role of Life Capital Modelling Global Product Leader.

"Juriaan similarly brings with him significant experience in capital modelling and during the 15 years that he has worked within Willis Towers Watson he has proved to be a major asset to the Insurance Consulting & Technology business and our clients," said Joel Fox. "Juriaan will remain based in the Netherlands, ensuring we continue to leverage his considerable network and deep local market knowledge, as we further strengthen our global position as the leading consultancy and technology solutions provider for the life insurance industry."

About Insurance Consulting and Technology

Willis Towers Watson's Insurance Consulting & Technology business has over 1,200 colleagues operating in 35 markets worldwide. It is a leading provider of advice, solutions and software - primarily to the insurance industry. Its consulting services help clients manage risk and capital, improve business performance and create competitive advantage - by focusing on financial and regulatory reporting, enterprise risk and capital management, M&A and corporate restructuring, products, pricing, business management and strategy.

About Willis Towers Watson

Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has over 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimise benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas - the dynamic formula that drives business performance. Together, we unlock potential.