Global advisory, broking and solutions company, WTW, has announced the appointment of Dominick Williams as Head of Distribution Advisory for its Insurance Consulting and Technology (ICT) business in Asia Pacific (APAC).
In his new position he will lead the development and deployment of WTW’s insurance distribution propositions. These cover all channels and integrate the team’s significant industry experience with WTW’s leading-edge technology solutions and software.
Based in Singapore, Williams will report to Sam Farrimond, Regional Leader, Client Advisory APAC, in the ICT business.
Williams has 25 years of experience in the life insurance industry, having worked with a number of MNCs. Prior to WTW, he was the CEO of Fortune Life Insurance in Cambodia; a company he set up and grew to having the third largest agency in the country within two years.
He has also built his own successful financial advisory practice and held various senior regional leadership roles in AIA and Prudential.
Williams said: “WTW is a market leader in consulting to the insurance industry so I am very excited to join such an experienced team of practitioners. The life insurance industry in Asia, across its diverse markets and different sales channels, continues to provide significant opportunity for us.
“Leveraging on ICT’s leading technology, I am really looking forward to providing our clients with practical and relevant digital and hybrid performance improvement solutions. These will help to successfully execute insurers’ distribution strategies and add material value to their top- and bottom-lines. Critically, the outcomes will also make a real difference to the financial well-being of millions of people across the region.”
Commenting on the appointment, Farrimond said: “The insurance business is going through a time of transformational change. Dominick’s addition to the Client Advisory team is timely as we continue to invest to ensure our capability and solutions remain market leading.
“With his significant experience and strong track record in building and managing sales teams and insurance partnerships, Dominick will help further grow our distribution services across the insurance value chain.”
