WTW mines Zurich Insurance commercial lines for ICT leader

Global broker  WTW has plucked a commercial lines leader from  Zurich Insurance to lead the insurance consulting and technology business that ties together industry players and digitises underwriting.

Derric Howard (pictured) becomes head of commercial lines transformation in WTW’s 1200-strong insurance consulting and technology (ICT) business, working with European insurers, brokers and other market players to transform, modernise and digitise the underwriting function.

Howard comes to WTW from Zurich Insurance, where he spent nearly 20 years working in underwriting roles across the United States, Middle East, European and UK markets.  Most recently, he worked in Zurich’s commercial insurance business to build business with managing general agents MGAs.

WTW’s senior director and head of commercial lines markets in ICT for the UK and Ireland, Iain Whittingham, commented: “We are delighted that Derric has joined ICT as our new EMEA Head of Commercial Lines Transformation. He brings proven business building experience and his deep knowledge of the global insurance industry will provide strong value to our clients, as we continue to support their transformation journeys towards next-generation trading and underwriting.”

Derric Howard said: “I am excited to be joining WTW at such a dynamic time, with the market undergoing deep transformation. Economic uncertainty, higher inflation and geopolitical tensions continue to apply pressure on the industry to accelerate efforts in making their underwriting and pricing more efficient and effective. WTW’s ICT business has market-leading talent, tools and capabilities, and I look forward to contributing to the growth of the business in Europe and beyond.”

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