FTI Consulting Hires from EY, Oliver Wyman, Mazars to Build EMEA Insurance Consultancy

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FTI Consulting hires from EY, Oliver Wyman, Mazars to build EMEA insurance consultancy This article is written by Christopher Cundy and first appeared in Insurance ERM on 8th August 2019. FTI Consulting is continuing to hire staff from across the insurance sector to expand its EMEA insurance consulting team. The consultancy group, best known for its dispute resolution and structured finance expertise, has recruited more than 10 senior industry executives to its EMEA insurance team based in London with ambitions to double again next year. Rory O’Brien, formerly managing partner at RPC Consulting “We are also independent. Having to decline work because and EMB, was appointed senior managing director last year. of a conflict of interest is a growing issue for some of the He has since been joined by managing director Graham Handy, established consultancies, but since we do not provide audit or previously a partner at EY where he led the development of its broking services, it’s not the same systemic problem for us,” he Asia insurance team; managing director Simon Grout, formerly added. a partner at Oliver Wyman; and managing director Romy FTI is working on a broad variety of insurance projects across Comiter, previously a partner at Mazars. future strategy, Handy noted, and has been involved in They join Jeremy Riley, previously regional CEO with insurer projects that use new technologies to improve operations and RSA, and Mark Higgins, senior managing director of FTI’s management. Digital Science team. For example, FTI recently agreed a partnership with price Handy told InsuranceERM that FTI is offering “cross service” comparison site MoneySuperMarket, whereby FTI will use its high-value advice from a pool of senior experts. digital and data science expertise to create a state-of-the-art visualisation portals through which all of MoneySuperMarket’s He identified three areas of strength for the business: risk and insurer and broker partners can access intelligence and insights. actuarial, including capital modelling; general strategy advice, including M&A, business integration and “doing smart things FTI’s global insurance team employs close to 100 consultants, with data”; and dispute arbitration. while the New York stock exchange-listed group has more than 4,700 employees worldwide. FTI Consulting, Inc. 1 FTI CONSULTING HIRES FROM EY, OLIVER WYMAN, MAZARS TO BUILD EMEA INSURANCE CONSULTANCY About FTI Consulting FTI Consulting is an independent global business advisory firm dedicated to helping organisations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. FTI Consulting professionals, located in all major business centres throughout the world, work closely with clients to anticipate, illuminate and overcome complex business challenges and opportunities. The views expressed in this article are those of the author(s) and not necessarily the views of FTI Consulting, its management, its subsidiaries, its affiliates, or its other professionals. www.fticonsulting.com ©2018 FTI Consulting, Inc. All rights reserved. 0677-03/19.

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