Global consulting, brokerage and solutions company WTW has announced the appointment of Chris Varley as global proposition leader for commercial insurance pricing and underwriting within the company’s insurance consulting and technology business.
In his new role based in London, Valli will lead global strategy for commercial insurance pricing and underwriting.
His responsibilities will include assisting insurance companies to modernize and succeed in a changing marketplace. This focus area is of strategic importance to WTW globally and the Insurance Consulting and Technology business aims to achieve sustained double-digit growth by supporting the transformation of the commercial insurance industry.
The appointment marks Varley’s return to WTW, having rejoined the company from Allianz Commercial UK, where he most recently served as chief underwriting officer. During his tenure at Allianz, he also served as chief data and analytics officer.
Prior to that, Varley spent five years as senior director of commercial product pricing,
WTW Underwriting specializes in the development of commercial insurance market analysis tools.
Commenting on the appointment, Charlie Kefford, global proposition leader for property and casualty insurance technology at WTW, said: “WTW has a strong track record of leading the market through pricing and underwriting transformation. We will continue to invest to ensure our capabilities remain at the forefront of market practices that are rapidly evolving through advances in artificial intelligence and digitalisation.”
“I’m delighted that Chris is joining our team. He has an excellent track record in this area and brings a wealth of experience and capabilities to further develop our solutions and grow our team.”
“I’m excited to join the team at a critical time in the commercial insurance analytics revolution,” said Varley. “I look forward to working with clients around the world to unlock competitive advantage by deploying sophisticated analytics across underwriting, pricing and portfolio management.”
