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The executive joined the firm through its acquisition of RFIB. -
The executive also worked at JLT Re as head of LatAm and Caribbean analytics.
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Debbie Goldstine previously held an EVP role at Lockton.
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Glyn Thoms will be stepping into a newly formed role with a focus on cyber strategy formulation and management.
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The Big Four warned of an uncertain, complex outlook for 2025 and the 1 January renewals.
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The choice to build a reinsurance unit at arm’s length alleviates some financial strain.
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The two parties are targeting a launch by the end of the year, with scope for WTW to buy the start-up at maturity.
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Renewals will depend on clients’ ability to differentiate themselves from broad-brush trends.
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This publication reported Melvin’s hire on Wednesday.
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Sources said that the business will be marketed off adjusted Ebitda of ~$500mn, including a title broking asset.
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The executive has held senior alternative capital roles at Aon and Guy Carpenter.
