He is responsible for developing client solutions and driving business growth in the power and utilities sectors across a large and diverse region, aligning local demands with the company’s global strategy in these crucial sectors, which are part of its global natural resources business.
Hiles is based in Dubai, where he has lived for six years, and has now taken up his new role. He is acting as a wholesale broker working in conjunction with Willis Towers Watson’s retail network and partners.
He joins from Bowring Marsh, where his most recent post was Head of Specialty for Power and Utilities in the Middle East and Africa. During his 15 year career in the insurance marketplace, Hiles has worked as an underwriter and a placing broker, as well as operating in both the retail and wholesale sectors.
Pamela Thomson-Hall, Head of CEEMEA, said: “We have an ambitious vision for growth across this diverse region and line of business, and Mark will be vital in developing our presence in key sectors with complex risk needs, like power generation and mining. He’s a skilled and highly-respected adviser with invaluable experience in the region. I’m delighted he has joined the team.”
Graham Knight, Head of Natural Resources GB, said: “Mark brings exceptional technical and regional experience to our global power team in all facets of the business. We look forward to supporting him as he develops and harnesses capacity, both in the CEEMEA region and the broader global power insurance marketplace, and delivers optimum risk transfer solutions to our clients based in the region.”
Hiles has previously worked with an extensive range of clients, including vertically integrated, nationalised, regulated, de-regulated and independent power producers. He has proven expertise in placing risks for all major types of power and utilities companies, including coal, gas, hydro, nuclear, oil, wind and solar
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