Willis Re has named Jim Summers as CEO of its global specialties division, with immediate effect.
Summers will head the direction of the business across specialty classes worldwide.
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He will work with the senior leadership team on the company’s global platform and long-term expansion plans.
Summers noted: “Willis Re is a forward-thinking reinsurance broking business that is being built around evolving client needs. The opportunity to join the company at this stage of its development is incredibly exciting. The business has a clear vision, underpinned by strong leadership and a collaborative culture.
“I look forward to working with colleagues across the organisation to strengthen our specialty capabilities and deliver exceptional support to clients operating in an increasingly complex global risk environment.”
Summers has more than four decades of experience in the Lloyd’s and international reinsurance broking markets.
He joins from Guy Carpenter, where he was deputy CEO for global specialties and global head of marine and energy specialty. He had been with the company since 2011.
Earlier in his career, Summers was CEO of Cooper Gay and Co, a role he took on in 2006.
Willis Re board member Lucy Clarke said: “Jim is one of the most respected leaders in the global specialty market, with an outstanding track record of building long-term client partnerships and high-performing businesses, making him an exceptional addition to the Willis Re leadership team.
“As we continue to build a modern, client-focused reinsurance broking business, Jim will play a critical role in elevating our market standing and helping shape the future of our global business.”
