Matthew Frost will be the new head of risk advisory.
Willis Towers Watson today announced that Matthew Frost will assume the role of head of risk advisory Australasia, with effect from October 1, 2019. Reporting to Simon Weaver, head of Australasia, Frost will be based in Melbourne.
In this role, Frost will further the development and deployment of the company’s risk advisory services for the benefit of clients in the region. These services include strategic and operational risk management, risk financing solutions and advanced risk and insurance analytics. The role will align closely with Willis Towers Watson’s international risk and analytics resources, ensuring the organisation’s global knowledge is utilised to its fullest potential locally.
Frost joins Willis Towers Watson after 17 years with BHP, where he most recently held the role of vice-president risk finance, responsible for the strategic programme design, placement and maintenance of global risk financing programmes.
Prior to BHP, Frost worked for Diageo in a senior insurance and risk finance role. Earlier in his career, he worked for Willis (now Willis Towers Watson) in the UK.
Frost will lead the risk and analytics team in reviewing clients’ risk financing strategies across all industries, in a hardening insurance market that is delivering increased risk transfer premiums, reducing capacity and imposing higher self-insured retentions – particularly for financial institutions or catastrophe exposed businesses. As such, businesses are seeking help in reviewing their risk financing strategies.
Frost said, “having worked closely with Willis Towers Watson as a client for quite some time, I am thrilled to be joining their experienced team. I also look forward to working alongside specialist broking teams including financial and executive risks, mining and natural resources and complex property and casualty.”
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