LONDON, July 10, 2014 (GLOBE NEWSWIRE) -- Willis Group Holdings (NYSE:WSH), the global risk adviser, insurance and reinsurance broker, has appointed Keith Chapman as Regional Construction Industry Leader for the Middle East.
Based in Dubai, Chapman's primary responsibility will be to develop risk management solutions for Construction companies in the Middle East. He began his career with the Royal (now RSA) in 1967 and went on to spend a number of decades helping companies based in Spain manage complex and evolving risks as they increasingly expand overseas, particularly in high-growth markets.
Late last year Willis announced the creation of five new industry groups – Construction, Financial Services, Natural Resources, Transportation and Technology, Media and Telecommunications. The new global industry groups focus on the unique needs of clients within each sector while providing them access to the full range of insurance products and risk management services that define Willis as the analytical broker.
Commenting on Chapman's appointment, Bill Creedon, Global Head of Construction for Willis, said: "Many of the Middle East economies are showing very positive growth dynamics, which is supported by both public and private sector investment in continued infrastructure expansion. Exciting projects associated with Dubai hosting the Expo 2020, Qatar due to host the football World Cup in 2022 and recent announcements around the Saudi rail expansion also bode well for the construction industry in the region."
He continued: "With Keith's very extensive experience coupled with our strong regional presence, backed up by best-in-class analytical capabilities and a unique understanding of the specialist requirements of construction companies, Willis is in an excellent position to provide clients with risk insights and innovative solutions. We are very excited to have Keith join our team."
Chapman added: "As construction companies increasingly expand their geographic footprints, their exposures to complex, multi-jurisdictional risks are also growing. I look forward to bringing the best of Willis's leading industry knowledge and analytical depth to global construction firms and, together with the rest of Willis's Construction team, to growing our presence in the Middle East even more in the months and years ahead."
About Willis
Willis Group Holdings plc is a leading global risk adviser, insurance and reinsurance broker. With roots dating to 1828, Willis operates today on every continent with more than 18,000 employees in over 400 offices. Willis offers its clients superior expertise, teamwork, innovation and market-leading products and professional services in risk management and transfer. Our experts rank among the world's leading authorities on analytics, modelling and mitigation strategies at the intersection of global commerce and extreme events. Find more information at our website, www.willis.com, our leadership journal, Resilience, or our up-to-the-minute blog on breaking news, WillisWire. Across geographies, industries and specialisms, Willis provides its local and multinational clients with resilience for a risky world.