Latest Willis Towers Watson Headlines
All the headlines from our Willis Towers Watson Topic Page, ordered by recency.
TWIA Study Showing Rates Inadequate by 26% and 44% Sent to Board
Dec 3 2020 // A study showing rates for Texas’ insurer of last resort for communities along the Texas coast are inadequate by 26% for residential policies and 44% for commercial properties has been forwarded to the board of the...
AXIS Re Hires Willis Re’s Bangs as Head of Japan
Dec 2 2020 // AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the hiring of David Bangs as head of Japan. Bangs joins AXIS Re from Willis Re Singapore where he served as executive director. Prior to...
Equity Firm Cinven and Singapore’s GIC to Buy Insurance Broker Miller from Willis
Nov 9 2020 // Private equity firm Cinven and GIC, Singapore’s sovereign wealth fund, have agreed to acquire London-based specialist insurance and (re)insurance broker Miller from its partners and corporate member, Willis Towers...
Q3 Insurtech Fundraising Breaks Records, but Some Mid-Tier Firms See Funding Gap
Oct 28 2020 // Insurtech funding saw the largest number of deals and the highest amount of funding since data recording into insurtech began, with $2.5 billion raised by insurtech firms across 104 deals during the third quarter,...
Rooke Appointed Director of Climate Transition Risk at Willis Towers Watson
Oct 15 2020 // Willis Towers Watson, the global advisory, broking and solutions company, announced the appointment of Tony Rooke as director of Climate Transition Risk in the organization’s Climate and Resilience Hub (CRH). Tony...
Texas Windstorm Insurer Seeks More Data on Rate Adequacy, Hurricane Modeling
Sep 24 2020 // The Texas Windstorm Insurance Association’s actuarial and underwriting committee is seeking more data from TWIA staff and an actuarial consulting firm on rate adequacy and catastrophe modeling for potential hurricane...
U.S. Commercial Insurance Prices Rose Almost 10% in Q2: WTW
Sep 21 2020 // U.S. commercial property/casualty insurance prices rose during the second quarter of 2020 by almost 10% compared with prices charged during the same quarter of 2019. Excess/umbrella and directors’ and officers’...
U.S. Commercial Insurance Prices Rose Almost 10% in Q2: WTW
Sep 8 2020 // U.S. commercial property/casualty insurance prices rose during the second quarter of 2020 by almost 10% compared with prices charged during the same quarter of 2019. Excess/umbrella and directors’ and officers’...
Business Moves
Sep 7 2020 // National Aon, Wills Towers Watson Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon...
Van Kley Joins Willis Towers Watson’s Insurance Consulting Practice
Sep 1 2020 // Global advisory and brokerage company Willis Towers Watson announced the appointment of Jeff Van Kley as senior director within its Insurance Consulting and Technology business. Van Kley will be responsible for driving...
Aon, Willis Towers Watson Shareholders Approve Merger
Aug 26 2020 // Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon intends to combine with Willis in an...
Willis Re’s Livingston Joins Guy Carpenter in New Global Head of Sales Role
Aug 20 2020 // Reinsurance broker Guy Carpenter & Co. has named Jeffrey Livingston as global head of Sales, effective September 1. Livingston will also join the Guy Carpenter Executive Committee. In this newly created role,...
Marsh’s Russell-Vick Joins Willis to Head Broking for Finex Business for Britain
Aug 19 2020 // Global broker Willis Towers Watson announced the appointment of Mark Russell-Vick as its new head of broking for its Financial, Executive and Professional (Finex) line of business in Great Britain within its Corporate Risk...
Constructing a Post-Pandemic Construction Market
Aug 19 2020 // The construction industry may emerge from the pandemic strong or relatively unscathed compared to other segments of the economy. But it also faces its share of challenges in managing exposures, delays, added costs and...
WTW Names Shaw as Global Head of Data, Analytics & Innovation, Global Facultative
Aug 13 2020 // Willis Towers Watson announced the appointment of Fiona Shaw as its new head of data, analytics and innovation for its Global Fac division. Shaw has extensive insurance, reinsurance and analytics experience having spent...
Leading Proxy Advisory Firms Recommend Shareholders Approve Aon, WTW Merger
Aug 11 2020 // Aon plc and Willis Towers Watson announced that two leading proxy advisory firms have recommended that shareholders vote in favor of the companies’ proposed combination. Institutional Shareholder Services Inc. (ISS)...
Insurtech Fundraising Rises in Q2 with $1.6 Billion Invested
Aug 10 2020 // Following the COVID-19-induced slowdown in global insurtech investment during the first months of 2020, insurtechs raised $1.56 billion during the second quarter. The total, up 71% over Q1, was driven in part by...
Insurtech Fundraising Rises in Q2 with $1.6 Billion Invested
Jul 28 2020 // Following the COVID-19-induced slowdown in global insurtech investment during the first months of 2020, insurtech firms raised $1.56 billion during the second quarter. The total, up 71% over Q1, was driven in part by...
Guy Carpenter Launches Hybrid Solutions UK with Willis Towers Watson’s Upton at Helm
Jul 16 2020 // Reinsurance broker Guy Carpenter & Co. announced the launch of Hybrid Solutions UK, a division of GC Fac, and the appointment of Laurence Upton, formerly with Willis Towers Watson in London, to lead the new...
Guy Carpenter Names Lawrence from Willis Towers Watson as Head of GC Fac UK
Jul 13 2020 // Guy Carpenter & Co., the reinsurance brokerage division of Marsh & McLennan Cos., announced the appointment of Henry Lawrence as a managing director, GC Fac UK, effective August 17. Lawrence will be responsible for...
