Krauze new chairman and CEO of Willis North America
Written by Editor, CIR
Vic Krauze has been appointed chairman and CEO of Willis North America. National partner for the Northeast region, Todd Jones, has taken Krauze’s former position as president of Willis North America. Krauze will report to Joe Plumeri, chairman and CEO of Willis Group.
The former president and COO of Willis North America succeeds Don Bailey, who is leaving the company in December. Krauze joined Willis in January 1997 as a producer, and was later promoted to president and CEO of the company’s Minnesota operations. In July 2003, he was named national partner of the Great Lakes region, which became part of the company’s larger central region in 2006 under Krauze’s leadership. He was appointed COO of Willis North America in 2008 and was also named president in August 2009.
Krauze began his insurance career in 1989 as a marketing specialist and later was responsible for production for both risk management and middle-market clients. He is a graduate of the University of Minnesota, with a degree in Applied Statistics. In 1991 he earned his Masters of Business Administration degree from the University of St Thomas. Prior to his insurance career, Krauze served in the United States Navy for 12 years.
Incoming president of Willis North America, Todd Jones, joined Willis in September 2003. He has served as national partner for the Northeast Region since 2007, overseeing all aspects of Willis’ retail operations in the Northeastern US, and driving growth and strategic development in the region. Previously, Jones served as the North American practice leader for Willis’ executive risks practice.
Earlier in his career, Jones held various leadership roles in the insurance brokerage industry. Before entering the brokerage industry, Jones was a financial analyst and corporate banker for First Union National Bank, focusing on the telecommunications and healthcare industries. He graduated from Wake Forest University and earned his Masters of Business Administration degree from the Stern School of Business at New York University.
Deborah Ritchie, Editor of CIR Magazine, talks to Thomas Coles and Philip Nunn.
Deborah Ritchie provides a summary of some of the latest stories in business risk, insurance and resilience