Paul Bailie To Lead Willis Towers Watson's Bermuda Captive Business

Willis Towers Watson has appointed Paul Bailie as head of its Bermuda captive practice. Mr. Bailie, a 30-year captive insurance industry veteran, will be responsible for business development and designing, forming, managing, and providing strategic guidance to Bermuda captive and insurance management clients. He will also collaborate across the company's global businesses and product lines, including Alternative Risk Financing, Willis Towers Watson Securities, and Risk and Analytics Services, to deliver innovative risk financing solutions for clients across a range of portfolios. Mr. Bailie will report to Paul Owens, managing director, Willis Towers Watson global captive practice.

"Paul brings tremendous expertise and market credibility to this role, and he is well positioned to help us lead our captive business in this important domicile," Mr. Owens said.

Prior to joining Willis Towers Watson, Mr. Bailie was active in consulting assignments and serving as an independent director on a number of boards. He has also held a variety of leadership roles in the industry, including director of Bermuda operations at Hardy Underwriting Bermuda Ltd. He also served as president and executive chairman of JLT Insurance Management (Bermuda) Ltd.