Simon Buxton To Lead Customized Reinsurance for Willis Re

Willis Re has appointed Simon Buxton as managing director of its international customized reinsurance practice, which focuses on nontraditional reinsurance.

As a fellow of the Institute of Actuaries UK, Mr. Buxton brings 20 years' experience in reinsurance, including roles as the head of structured reinsurance at XL Financial Solutions and Allianz Risk Transfer, and the global head of treaty and facultative at Allianz Global Corporate and Specialty.

Based in London and reporting to Tony Melia, CEO of Willis Re International, Mr. Buxton will lead Willis Re's development in the fast-expanding customized reinsurance arena across the international region.

Mr. Melia said, "The search for optimal, customized reinsurance solutions to secure capital and earnings resilience, often across both assets and liabilities, is increasingly at the top of our clients' strategic agendas. I have always admired Simon's skills and professionalism, and I'm confident that his experience and proven expertise in the often complex alternative risk transfer field will significantly enhance the capabilities of our Customised Reinsurance practice."

He continued, "Working in close conjunction with James Mounty, who leads the wider global practice, and in partnership with our market leading Willis Towers Watson consulting teams, Simon will concentrate on providing structured solutions across all our geographic regions in all non-life and life classes of business."

Photo courtesy of Simon Buxton