Azzizza Larsen will head the new political risk, terrorism and trade credit specialist unit in Copenhagen

Willis has established a financial solutions specialist unit for the Nordic region as part of an extension to the firm’s global financial solution offering.

Azzizza Larsen has been appointed executive director of the new unit, which will focus on providing solutions for political, trade credit and terrorism risks for large multinational and financial institutions in the region. She will be based in Copenhagen.

Having spent the last seven years in the Willis Financial Solutions practice in London, Larsen will now report to global product leader for political risk, Paul Davidson, from her office in Copenhagen.

Commenting on the extension of Willis’s Financial Solutions service, Davidson said: “Our Nordic unit will bring a more tailored and focused offering to the Nordic companies facing these volatile risks as they increasingly look to expand overseas.

“We are excited with this new development in the Nordics that represents a logical expansion of our existing geographical centres of financial solutions excellence in Europe, Asia, Latin America and North America.”

Willis International chief executive officer Western Europe, Alberto Gallego, said: “We are delighted to announce the creation of a new Financial Solutions specialist unit for our Nordic clients, a move that reinforces Willis’s strategy of ensuring we bring the best of our specialist abilities to all our clients around the world.”