Willis Towers Watson News

People Moves: WTW Names Aon’s Wegbrans as Head of Broking; EmergIn Risk Hires Occam’s Paraskeva; Aon’s Norris to Gallagher Re as Cyber ILS Broker

This edition of International People Moves details appointments at Willis Towers Watson; Ryan Specialty’s MGU, EmergIn Risk; and Gallagher Re. A summary of these new hires follows here. WTW Names Aon’s Wegbrans as Global Head of Broking Insurance broker Willis …

People Moves: Willis Towers Watson Names Shay Head of Risk & Broking for West; Dietzler Becomes Washington’s Chief Deputy Commissioner

Willis Towers Watson appointed Chuck Shay head of risk & broking for the Western region of North America. Shay has more than 25 years of experience. Shay previously led the Willis Towers Watson FINEX practice in both the Midwest and …

Willis Towers Watson Agrees to Acquire Remaining 51% Stake in WTW India

Insurance broker Willis Towers Watson announced the signing of an agreement to acquire the remaining 51% shares from Anemone Holdings Private Ltd and Rohit Jain in Willis Towers Watson (WTW) India. WTW currently owns 49% of Willis Towers Watson India …

People Moves: New Hire at Willis, Chamness Elected to Norfolk & Dedham Boards

Willis Towers Watson Hires Latham to Mid-Atlantic FINEX Commercial Team Willis Towers Watson, a global advisory, broking and solutions company, hired Kenneth Latham to as associate director for the Mid-Atlantic FINEX commercial team. Latham will be responsible for all aspects …

Activist Investor Starboard Takes New Stake in Willis, Saying Broker Undervalued

Activist investor Starboard Value disclosed a new position in Willis Towers Watson Plc Thursday, and said it believes the insurance broker could nearly double its share price in the next three years. Jeff Smith, Starboard’s chief executive officer, said Willis …

People Moves: WTW Hires ERS’ Shepherd to Lead Facultative; Specialty Insurer Fusion Names Gallagher’s Simmonds as Managing Partner; AXIS’ Quane Is CUO at Beazley

This edition of International People Moves details appointments at broker Willis Towers Watson, specialty insurer Fusion and insurer Beazley. A summary of these new hires follows here. Willis Towers Watson Hires ERS’ Shepherd as Head of Global Facultative Insurance broker …

Activist Investors Starboard Value, Elliott Management Take Stakes in Willis: WSJ Report

Activist investors Starboard Value LP and Elliott Management Corp have taken stakes in insurance broker Willis Towers Watson PLC, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Starboard, Elliot and Willis Towers did not immediately …

Most Commercial Lines Continuing to Win Healthy Price Increases

While aggregate U.S. commercial insurance price hikes continue to moderate, most lines are still producing robust price increases, according to Willis Towers Watson. Excess/umbrella produces significant price increases during the 2021 second quarter. As well commercial auto, property, and directors …

Willis Towers Watson Revamps Global Leadership

Global insurance broker Willis Towers Watson, which ended merger talks with rival Aon in July, announced a new global leadership team to “guide strategy, priorities, investments and engagement.” John Haley, chief executive officer, said the new team “consists of voices …

Willis Towers Watson Promotes Mead to Canadian Property/Casualty Broking Leader

Insurance broker Willis Towers Watson announced that Kate Mead is the new head of its Canadian property/casualty broking team. Previously Willis Towers Watson’s practice leader for the Midwest, Northeast U.S. & Canadian Environmental business, Mead will now focus on strengthening …