Willis has expanded its global valuation services with the launch of its new Forensic Accounting & Valuation Services (FAVS) team to bring valuation, data, and consulting expertise under one roof.
The new team replaces the former Forensic Accounting and Complex Claims group – the rebrand a shift toward more data-driven and technology-based valuation services to meet growing client needs, especially for international risk assessments.
To lead the effort, Willis has made several senior appointments. James Adams joins from Marsh as a senior valuation expert in Great Britain, while Ken Giambagno steps in as senior advisor. Jason Lelio, who previously held a key role in the firm’s forensic accounting practice, will now head the global FAVS team.
The team will continue to handle insurance claim quantification and preparation but will now place greater focus on accurate asset valuations. This responds to the insurance industry’s increased attention to properly reported insured values and their role in post-loss recovery.
Willis said the expansion will strengthen collaboration across its Risk & Analytics business, combining analytics and technology with valuation expertise to deliver more precise assessments for clients.
“We are thrilled to welcome new members to the FAVS team. We are energised by the fresh perspectives and valuation expertise coming into the global team, driving innovative and specialised solutions for our clients,” Lelio said.
