Willis Re has announced the appointment of Franck Pinette as Managing Director of its EMEA Life & Health practice with effect from 30th April 2018.
Reporting to Tony Melia, CEO of Willis Re International, Franck will be based in London and will lead Willis Re’s development in the fast expanding life & health market in the EMEA region.
Franck Pinette is a qualified Chartered Enterprise Risk Actuary (CERA) and brings over 30 years’ experience in life reinsurance, including 11 years as head of Partner Re’s Worldwide Life Reinsurance unit and most recently eight years as CEO of Guy Carpenter’s European Life Reinsurance operations.
Commenting on the appointment, Tony Melia said: “Franck’s experience and proven expertise will significantly enhance the capabilities of our International Life & Health practice, which, led by Greg Solomon in Hong Kong and supported by Nigel Sedgwick in London, works in partnership with our market leading Willis Towers Watson life consulting teams.”
Alkis Tsimaratos, Managing Director, Head of EMEA West/South, Willis Re added: “We are delighted that Franck has joined Willis Re to lead the EMEA Life & Health practice, which represents one of our most exciting growth areas. With the advent of Solvency II and other regulatory frameworks around the world, life insurers are much more conscious of the impact that reinsurance can have on their balance sheets, P&L and wider risk management. As clients increasingly review their reinsurance arrangements Willis Re can provide impartial advice and broader market access.”
Pinette added: “It’s great to join the Willis Re team and support Willis Towers Watson in becoming a key player in the life reinsurance market. By combining broking and advisory capabilities I believe we bring a unique value proposition to the life reinsurance market and can provide credible and innovative reinsurance solutions to our clients.”