Willis Towers Watson head to chair London Market Group

The appointment of the ex-AIG Europe COO signals a new chapter for LMG, which aims to ensure that London retains its position as a leading re/insurance centre

Insurance News

By Louie Bacani


The London Market Group (LMG) has named Nicolas Aubert, head of Great Britain for Willis Towers Watson, as the new chair of the market-wide body.
 
Aubert will replace Steve Hearn, the outgoing CEO of Cooper Gay Swett & Crawford (CGSC) who has held the position for two years.
 
He leads the LMG which gathered real momentum over the last year, with all four workstreams of the organisation making good progress against their state aims, according to Hearn.
 
“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,” Aubert said.
 
Hearn said Aubert’s 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.
 
“We have recognised the challenges we face and have a plan to help counter them,” Hearn said.
 
“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.”
 
Aubert has been the head of Great Britain at Willis Towers Watson since January while he also serves as the CEO of Willis Limited, the legal entity covering UK based activities from legacy Willis.
 
He previously worked 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.
 
Before joining Willis, Aubert served as AIG COO in Europe, the Middle East and Africa, and formerly as managing director in the UK.
 
He also led AIG France and held various senior management positions, including managing director of Southern Europe, where he oversaw operations in 12 countries, including Israel.
 
Aubert started his career at Generali and assumed leadership roles at ACE, CIGNA, and GAN.

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