Leading international broker Willis Towers Watson has recruited Prudential executive Matthew Ford to lead the firm’s life consulting practice in the UK.
Ford, who has been appointed to the position of director, will lead and further develop the firm’s capital and risk management solutions proposition.
He will build on the consultancy’s expertise in a number of areas, including Solvency II implementation and capital management.
The London-based executive said he looks forward to addressing these “real issues” for clients.
“Solvency II is forcing insurers to optimise their balance sheet and manage its volatility at a time when other factors – including pensions freedom and digitisation – are causing them to adapt their business models,” Ford said.
Ford joins from Prudential UK and Europe, where he worked for 12 years and held various senior roles, including actuarial director.
In his previous firm, Ford was responsible for capital optimisation and management and the successful delivery of their Solvency II internal model approval process application.
He also led the domestication of Prudential’s Hong-Kong with-profits branch from 2013 to 2014.
Before working at Prudential, Ford served spent eight years at Commercial Union and seven years at PwC, where he was director in their UK Life Practice.
Willis Towers Watson has hired Ford as he brings a “deep understanding of the insurance sector,” according to Graham Fulcher, managing director and divisional leader for the UK and Ireland.
“We look forward to leveraging his ‘big company’ experience and knowledge to ensure we continue to provide our clients with the innovative insights and business solutions that will deliver improved business performance,” Fulcher said.
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