New unit will combine both special contingency risks and terrorism/political violence units
WTW has appointed William Miller as the head of Crisis Management, Asia Pacific, effective 1 January 2023.
The team in Asia Pacific (APAC) will be part of a new WTW’s global line of business that will be set-up on 1 January with the merger of its special contingency risks and terrorism/political violence teams as a global crisis management unit earlier this year.
The crisis management team goes beyond protecting corporate employees from traditional kidnap, ransom, and terrorism events to cover a broader range of risks that impact the security and well-being of employees and organisations.
Luke Ware, head of Corporate Risk & Broking Asia, WTW said: “As geopolitical tensions rise, individuals and businesses are exposed to a wider range of security risks which is why we have expanded our offering to include domains such as special crime and high-risk accident and health.
”Having the team in Singapore enables us to provide a specialist risk management service for companies in Asia, drawing from our global experience and regional expertise.”
Miller said: “Being based in the heart of the APAC, we will be better placed to offer our clients a single point of contact for crisis events affecting them in the region.
”Our offering ranges from risk advisory and insurance design to providing crisis support and indemnification against key financial exposures such as evacuation costs, security incident response , and business interruption.
”As we see an increase in the number of countries introducing duty of care regulations, ensuring the health and safety of employees is a business imperative, no matter what sector they’re operating in.”
The Crisis Management business covers the following areas: Special Crime (Kidnap & Ransom, Extortion, Hijack, Maritime Piracy, Political Evacuation), Terrorism, Political Violence, Accident & Health (incl. Personal Accident, Business Travel, Contingency, Sports & Entertainment) and Active Assailant.
Previously, Miller headed up WTW SCR’s activities in APAC from London, working across Special Crime, Accident & Health, and Active Shooter insurance lines.