Edward Root was named managing director at insurer Global Atlantic Financial Group.
It is a new position, a spokeswoman confirmed. Based in New York, Mr. Root will lead the insurer's pension risk transfer business and reports to Manu Sareen, president of institutional markets at Global Atlantic.
Mr. Root was previously managing director and head of the annuity purchase group at Willis Towers Watson. WTW spokesman Josh Wozman said Bill Henry, head of WTW's plan termination group, will be assuming Mr. Root's responsibilities.