Willis Towers Watson has formed a new unit serving companies facing bankruptcy or restructuring.
The new unit, Strategic Solutions Group (SSG), is within its Financial, Executive and Professional Risks (FINEX) global practice and Mergers & Acquisitions Group.
SSG will provide specialized risk services for distressed organizations. In particular, SSG will offer global expertise on the risk, insurance and claim challenges facing companies before, during or after a bankruptcy or restructuring.
This team will serve as a bridge to market insights, placement services, data and analytics, and claims advocacy available through WTW.
The team was formed at this time to respond to the current environment marked by coronavirus risk, market volatility and financial challenges.
SSG will be led by veteran management liability risk and product specialists Rob Yellen and John Orr and includes London-based specialist Angus Duncan, M&A and transactional expert Julia Papastavridis, M&A and tax expert Sheldon Elefant, London-based M&A expert Alexander Keville, head of FINEX NA claims Brian Weiss and bankruptcy claims specialist Anthony Rapa.
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