Willis Towers Watson recruits head of Bermuda captive business

Paul Bailie

Willis Towers Watson P.L.C. said Tuesday that Paul Bailie has been named head of its Bermuda captive practice.

Mr. Bailie replaces Nick Warren, who retired this year. He will be responsible for business development and will collaborate across the company’s global businesses and product lines, including alternative risk financing, Willis Towers Watson securities and risk and analytics services, the brokerage said in a statement.

Mr. Bailie is based in Hamilton, Bermuda, and will report to Paul Owens, managing director, Willis Towers Watson global captive practice.

Prior to joining Willis Towers Watson, Mr. Bailie was active in consulting assignments and serving as an independent director on a number of boards. He also held leadership roles in the industry, including with JLT Insurance Management in Bermuda.