Willis Towers Watson captive CEO Owens to retire

Paul Owens, the CEO of Willis Towers Watson’s global captive practice, is retiring after 30 years with the company.

Owens has been CEO of the practice since January 1, 2014. He has been attributed to merging the North America, Europe and international captive operations of Willis into one single business.

He has held a number of senior roles within Willis Group since joining in 1990.

“It has been an enormous privilege to lead the captives business from its inception and to see it grow into the powerhouse it is today. I wish Willis Towers Watson and its thriving captive community every success for the future," said Owens.

John Merkovsky, head of risk and analytics, Willis Towers Watson, added: “We would like to take this opportunity to thank Paul for his considerable dedication and loyalty to Willis Towers Watson. Over his 30 years Paul held numerous roles and he was unambiguously successful in each. In his latest role he successfully grew and strengthened our captive business into the leading global captive practice it is today. Paul will continue to work with us to appoint a successor through this transition period as we continue to invest in our captive business.”