Willis Capital Markets & Advisory, the investment banking and insurance-linked securities (ILS) facilitating arm of global insurance and reinsurance broker Willis Group, has hired Brian Shea from SCOR to the role of Head of Europe.
Shea joins WCMA on the 24th August and will be based from the London office. Prior to joining Willis, Shea was with global reinsurance firm SCOR, where he held the role of Chief Corporate Strategy Officer reporting to the Chairman of the Board of Directors and Chief Executive Officer.
At WCMA Shea will report directly to WCMA Co-CEOs, Rafal Walkiewicz and Michael Guo, heading up the units ILS, investment banking, M&A and reinsurance capital markets work in the European region.
Rafal Walkiewicz, Co-CEO of WCMA, commented on the appointment; “We are thrilled that Brian is joining WCMA to lead our European team. WCMA’s investment banking value proposition is based on our superior understanding of the insurance industry and our clients expect us to combine top quality execution with world-class strategic advice. As a recognised thought leader in the European insurance industry and with a wealth of experience identifying shareholder value, Brian will be a significant and valuable asset for WCMA clients.”
Brian Shea added; “Willis’s positioning as the analytical broker is a strong attraction to me, as is WCMA’s deep expertise in both capital markets and insurance. I look forward to working with my new colleagues to provide value-added advice and solutions to Willis’s clients.”
Before his time at SCOR, Shea was Managing Director and Head of the European Insurance Equity Research team for Bank of America Merrill Lynch.