Eric Dinallo, Willis general counsel, has been nominated by Eliot Spitzer to serve as New York State Insurance Superintendent in the new administration.
Joe Plumeri, chairman and CEO of Willis, issued the following statement:
Eric Dinallo is an individual with tremendous integrity and leadership who will be a valuable addition to the team Governor-elect Spitzer is assembling. During Eric's wide-ranging career in both the public and private sector, he has demonstrated the ability to cut through complex legal and regulatory issues and pursue a principle-based approach that promotes transparency and fair play. There is near-universal agreement that the regulation of the insurance industry needs reform and Eric is well-suited given his time with Willis and previously with Morgan Stanley to oversee this effort in New York.
Over the past year, Eric has brought a meaningful perspective and has made a significant contribution to our corporate governance efforts as well as to how we embrace risk-based assessments and the changing paradigm of insurance regulation.
He has done an outstanding job and while we are sorry to be losing Eric, I appreciate his deep commitment to public service, and am confident he will make an important contribution in his new role in promoting regulatory reform and New York's economic growth.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
