LONDON, March 9, 2022 — WTW (Willis Towers Watson, NASDAQ: WTW), a leading global advisory, broking and solutions company, has today announced that it has appointed David Singh as Head of Climate Analytics and Exposure Management for its Insurance Consulting and Technology business. In his new role, Singh will be based in London and is to join the company in early March 2022.
Singh served as the Group Head of Exposure & Portfolio Management at global insurer MS Amlin, where he was responsible for the Group’s risk aggregation and reporting activities across all its legal entities. He most recently project managed the delivery of exposure, portfolio and underwriting performance solutions for natural and man-made catastrophe exposures in its European entity AISE.
Prior to MS Amlin, Singh worked for Lloyd’s of London with senior responsibilities that included managing the Society’s catastrophe risk appetite, managing multiple regulatory filings to and from the market, and ensuring Managing Agents exceed Lloyd’s expectations and exposure management standards. During his time at Lloyd’s, he devised and implemented a number of catastrophe model validation concepts and Solvency II returns that are still used in the market today.
“David will be an invaluable asset in leading the development of innovative and practical propositions to help insurers respond and adapt quickly to the climate challenge.”
Adhiraj Maitra | Global Head of ESG and Climate Change, Insurance Consulting and Technology at WTW
Adhiraj Maitra, Global Head of ESG and Climate Change, Insurance Consulting and Technology at WTW, said: “David brings an exceptional level of expertise and experience in exposure management to this new role. Insurers are under increasing pressure to understand and tackle the growing uncertainty around climate change-related risks as they look to evolve the role of exposure management in the business. Working with colleagues across the ICT and Climate and Resilience Hub teams, as well as the wider WTW business, David will be an invaluable asset in leading the development of innovative and practical propositions to help insurers respond and adapt quickly to the climate challenge.”
David Singh said: “I am delighted to be joining the team at WTW, which has been at the forefront of innovation around understanding and managing climate risk. By harnessing WTW’s unique skill set and cutting-edge climate analytics capabilities, we are well placed to help insurers understand and manage their exposure to climate change, transforming their business models to drive innovation in underwriting and product design, delivering significant value and reduced corporate risk.”
With over 20 years of modelling and reporting experience across multiple underwriting classes and regulatory regimes, Singh has chaired the Lloyd’s Market Association’s (LMA) Exposure Management Working Group (EMWG), co-founded and co-chaired its Climate Risk Working Group (CRWG), and was a member of the LMA’s Cyber Risk and Strategy Group (CRSG). Singh also holds a position on the ISCM’s (International Society of Catastrophe Managers) Board of Directors.
Singh has been instrumental in assisting the insurance market with many aspects of managing natural catastrophe exposures. He has comprehensive modeling validation and climate risk knowledge, and has been consulted on model completeness frameworks and climate related catastrophe risk solutions for and on behalf of the Lloyd’s market.
WTW’s Insurance Consulting and 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.
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
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