Willis Towers Watson has boosted its presence in Kazakhstan by way of opening a brand new operation to serve shoppers within the nation.
Following fresh regulatory approval, Willis Towers Watson Kazakhstan is in a position to behavior insurance coverage and reinsurance business on this key Central Asian expansion marketplace, mentioned Willis Towers Watson in a observation.
The new entity allows Willis Towers Watson to supply extra immediately its full vary of services and products and experience to each local and global shoppers with an hobby in Kazakhstan. Previously, the corporate operated in Kazakhstan thru a smaller consultant place of job.
Omarkhan Tleugabilov has been appointed head of Willis Towers Watson Kazakhstan, main a team of 5 from their base in Almaty.
“I’m delighted to mark our commitment to this high-potential market with a new business operation, team, and strategy,” mentioned Pamela Thomson-Hall, head of Central and Eastern Europe, Middle East, and Africa (CEEMEA).
“We have a strong book of existing reinsurance clients with a current focus in the natural resources and infrastructure sectors,” Thomson-Hall mentioned. “Our ambition now is to build on that foundation and drive our business forward, ultimately breaking into relatively unexplored parts of the Kazakh market.”
“Our new operation will bring us one step closer to our clients and prospects, and enable us to deliver more of our global expertise and solutions to Kazakhstan, the largest economy in Central Asia,” mentioned Tleugabilov. “The country has comparatively low insurance market penetration, and we see that changing as the economy continues to grow and mature.”
Source: Willis Towers Watson
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