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LONDON--([ BUSINESS WIRE ])--In response to the growing importance of Analytics across all domains of insurance and risk management, it was announced today that Rowan Douglas has been appointed CEO Global Analytics for Willis Group Holdings (NYSE: WSH), the global insurance broker.

"Following his success at transforming Willis Re Analytics over the last five years I am delighted that Rowan is stepping up to this expanded role."

Reporting to Group President, Grahame Millwater, Douglas will oversee all analytics-related activities and expenditures across Willis Group, including the Willis Research Network, which has grown to become the worldas largest collaboration between public science and the finance sector. Previously Douglas served as CEO Global Analytics at Willis Re.

Commenting on Douglasa appointment and the centralisation of the Analytics function at Willis, Millwater said: aFollowing his success at transforming Willis Re Analytics over the last five years I am delighted that Rowan is stepping up to this expanded role.a

Millwater added: aThere are significant opportunities to capitalise on the investments and capabilities made in Willis Re Analytics and the Willis Research Network over recent years to respond to the ever-growing analytics requirements across the reinsurance and retail divisions of Willis Group. This move enables us to harness our sophisticated modelling and research capabilities to fulfil commitments under the Willis Cause by improving our understanding of our clientsa business and developing the best solutions for them.a

In a separate development, Douglas was recently appointed to the UK Prime Ministeras Council for Science and Technology (CST). The CST is the UK Governmentas top-level advisory body on science and technology policy issues that reports directly to the Prime Minister.

These moves are seen as further evidence of the increasing role of risk-related science, modelling and financial decision making across both the public and private sectors. These trends have been further strengthened by regulatory pressures and a growing recognition that financial resilience and operational security is a necessary platform for sustainable growth.

Commenting on these developments Douglas said: aThis is a unique opportunity for Willis to reap the benefits of a truly integrated analytics strategy across the Group, positioning us even further ahead of our peers and supporting our future growth and development. It is a great privilege to receive these appointments at this time; they symbolise how our industry is changing and how its external perception is also evolving.

I look forward to contributing to the work of the Prime Ministeras Council for Science and Technology and exploring where the re/insurance industryas wide expertise and experience can be brought to bear across a range of sectors and challenges.a

Willis Group Holdings plc is a leading global insurance broker. Through its subsidiaries, Willis develops and delivers professional insurance, reinsurance, risk management, financial and human resource consulting and actuarial services to corporations, public entities and institutions around the world. Willis has more than 400 offices in nearly 120 countries, with a global team of approximately 17,000 employees serving clients in virtually every part of the world. Additional information on Willis may be found at [ www.willis.com ].