Strengthening its presence in the US property reinsurance market, Towers Perrin has named Derek Keating as an executive director of its London reinsurance brokerage business. The appointment is effective 1 September. In his role, Mr. Keating will support the development of the firm’s rapidly expanding U.S. property reinsurance portfolio.
Mr. Keating will report to Keith Harrison, managing director for Towers Perrin’s North American Reinsurance division in London.
Mr. Keating will join Towers Perrin after 14 years at Aon Benfield, most recently as a member of the firm’s North American Reinsurance management board. Prior to that, he was an associate partner at Ellinger Heath Western, which was acquired by Benfield in 1995.
“The addition of Derek Keating will bolster our already strong property reinsurance expertise,” said Ross Howard, COO Europe, for Towers Perrin’s reinsurance brokerage business. “He brings a wealth of experience and business acumen that will enable us to achieve even greater strides in the extremely important North American market.”
About Towers Perrin
Towers Perrin is a global professional services firm that helps organisations improve performance through effective people, risk and financial management. The firm provides innovative solutions in the areas of human capital strategy, programme design and management, and in the areas of risk and capital management, insurance and reinsurance intermediary services, and actuarial consulting. Towers Perrin has offices and alliance partners in the United States, Canada, Europe, Asia, Latin America, South Africa, Australia, New Zealand and the Middle East. More information about Towers Perrin is available at www.towersperrin.com.
