Willis Re NA hires Third Point Re exec as chairman, appoints vice-chair from Marsh

Willis Towers Watson's reinsurance business Willis Re has appointed Tom Wafer as chairman of its North America platform and Jeffrey Livingston as vice-chair, effective October 2017.

The two appointments constitute the formation of the 'Office of the Chairman' for Willis Re, North America, which will work to strengthen client relationships across the region while also providing guidance and mentoring for all Willis Re colleagues.

Wafer joins from Third Point Re (USA), where he served most recently as president. Prior to this he was chairman of global reinsurance for Alterra.

Livingston has over 25 years of re/insurance experience and returns to Willis Re from Marsh and McLennan where he served as director of portfolio solutions. He joined Willis Re in 1998 from Sedgwick Re moving from vice president to executive vice president in 2005.

"I am thrilled to welcome Tom and Jeffrey to Willis Re," said Jim Bradshaw, CEO, Willis Re North America.

"Both are highly regarded executives that share a passion and enthusiasm for our business."

Wafer commented: "I am excited to be joining the team and look forward to working alongside Jim and Jeffrey."

Livingston added: “I am quite familiar with Willis Re; its people and its culture of collaboration. It has an exciting business proposition focused on assisting clients effectively manage risk and driving new business growth and I am looking forward to being part of that value proposition."

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