Willis Towers Watson announced today Adam Matteson has been appointed as Head of Richard Oliver Underwriting Managers, a Melbourne-based business it acquired in the mid-1990s.

He takes over the role held previously by David Bannerman, a spokesman from Willis Towers Watson told insuranceNEWS.com.au. His start date is not yet confirmed.

Mr Matteson joins from Suncorp, where he has been National Portfolio Manager Commercial Property, Construction and Engineer for the past three years.

He has more than 30 years’ experience in the industry, playing a key role in setting up Arch Underwriting and running Talbot Underwriting.

“We are thrilled to welcome [him] to the business in this role of strategic importance,” Willis Tower Watson’s Head of Australasia Simon Weaver said.

“[His] wealth of experience in building businesses, underwriting and in the reinsurance market will position [Richard Oliver Underwriting Managers] strongly for innovation and growth, in support of their clients throughout the industry.”

Richard Oliver Underwriting Managers offers solutions and services across a wide spectrum such as business product recall, contamination, life science/biotechnology and marine.