The London Market Group (LMG) today announced the appointment of Nicolas Aubert, Head of Great Britain for Willis Towers Watson, as its new Chair. He will succeed Steve Hearn, CEO of Cooper Gay Swett & Crawford who has held the role for two years.
Steve Hearn, outgoing Chair of the LMG, said: "The London Market growth and modernisation agenda has gathered real momentum over the last year, with each of our four workstreams making good progress against their stated aims. We have recognised the challenges we face and have a plan to help counter them.
"Nicolas’ background, having worked on both sides of the market and outside London, will give him a great perspective to help challenge us and our preconceptions about what makes London great. His appointment will signal a new chapter for the organisation as it takes on more market-wide activity to ensure that London retains its position as a leading insurance and reinsurance centre."
Nicolas Aubert, incoming Chair, commented "Steve’s achievements with the LMG have had a significant impact in giving the London Market a clear focus on what needs to be done to face the future with confidence. He has driven forward an agenda that is both practical and has real ambition, and given the market a single voice to talk to a wide range of stakeholders.
"It is an exciting time for London, and I very much look forward to working with all sectors of the market to grow and enhance London’s position and reputation."
Nicolas Aubert biography
Mr. Aubert has served as the Head of Great Britain at Willis Towers Watson since January 4, 2016 and he also serves as the CEO of Willis Limited, the legal entity covering UK based activities from legacy Willis. Previously, Mr. Aubert served as CEO of Willis GB, the operating segment of Willis Group Holdings that included Willis’ London specialty businesses and facultative, and the retail insurance business in Great Britain since January 2015.
Prior to joining Willis, Mr. Aubert served as the Chief Operating Officer of American International Group (AIG) in Europe, the Middle East and Africa, and formerly as the Managing Director of AIG in the UK. After joining AIG in June 2002 to lead AIG France, Mr. Aubert served in various other senior management positions, including Managing Director of Southern Europe, where he oversaw operations in 12 countries, including Israel.
Prior to AIG, Mr. Aubert worked in various leadership positions at ACE, CIGNA, GAN and started his career at GENERALI. He holds specialized Masters Degrees in Insurance Law (DESS Assurances) from Pantheon-Sorbonne University of Paris and from Institut des Assurances de Paris (Universite Paris-Dauphine) and an M.B.A. from the French High Insurance Studies Center (CHEA).
For more information please contact:
Caroline Wagstaff: 07767 794208