Willis expands broking team in Japan with 22 new professionals
It also had senior hires.
Willis, a WTW business, has expanded its Corporate Risk & Broking team in Japan to strengthen its position in the market.
Willis has added 22 professionals this year, including senior hires in Risk & Analytics, Facultative Reinsurance, Marine, Business Development, Large Account and Claims.
Recent leadership appointments include Kosuke Komorizono as head of Risk & Analytics, Hisanori Nishizaki as head of Facultative, Takashi Kato as head of Marine and Yasumasa Kanie as head of Claims.
Japan’s general insurance sector is projected to grow from $81.1b in 2024 to $93.9b by 2028, driven by commercial lines, digital transformation and rising demand for protection against climate, cyber and supply chain risks.
Marine insurance is also seeing stronger demand, with Japan accounting for 11% of the world’s fleet.