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Deals & People October 18, 2011
Towers Watson Names Co-Head of Insurance-Linked Securities
Towers Watson named Michael Popkin co-head of insurance-linked
securities (ILS) for Towers Watson Capital Markets (TWCM), the
company’s U.S.-based broker/dealer.
Reported by Tara Cantore
Popkin will assist clients in a range of strategic risk management activities surrounding ILS and industry loss warranties (ILW). He will also aid in the development and implementation of risk transfer solutions in the capital markets, including sidecars, catastrophe bonds, and life insurance-related securitizations, among others. He will report to Ed Hochberg, head of TWCM, and is based in New York.
Prior to joining Towers Watson, Popkin worked at RWE Supply & Trading, as head of financial institution origination and head of structured credit solutions. He has also held the positions of co-head of European structured credit sales at Dresdner Kleinwort in London, and senior vice president and senior portfolio manager for Zurich Financial Services in New York, where he managed a variety of structured product investment portfolios.