Gianmarco Tosti will work in the London market

Global broker Willis has appointed Gianmarco Tosti to the newly-created position of CEO, Willis Facultative London.

Tosti will lead a team of 50 associates responsible for the placement of international facultative reinsurance business into the London and international market on behalf of insurance company clients.

He will work alongside the CEOs of Willis Facultative’s key regions including: Matt Keeping (Global & North America), Antonio Tosti (Europe), Hugh Powell (Latin America) and Duncan Stockley (Asia Pacific).

As CEO, Facultative London, Tosti will report into Willis Executive Committee member, Dominic Samengo-Turner.

Tosti joined Willis in 2006 as the head of Southern Europe for Global Markets International. In 2009, he was appointed to his most recent position, Managing Director, Facultative International. Before Willis, Tosti was at Aon Re Italy for 11 years where he was a member of the Board and was responsible for the facultative non-marine division.

Samengo-Turner said, “With floods wreaking havoc in Australia and Brazil and major earthquakes devastating parts of Japan and New Zealand, the facultative market is facing a time of unprecedented challenges.

“We have established a strong team comprising of experts like Gianmarco in key locations around the world to help our insurance company customers respond proactively and not reactively to future catastrophes.”