Willis Towers Watson News

Willis Towers Watson Adds Abbott to Lead Northern California Market

Willis Towers Watson has added Fred Abbott as market leader for Northern California. Abbott will be responsible for the company’s business operations, client relationships and growth opportunities across the Northern California market. Abbott has been with the firm for more …

Insurers See Some Obstacles to Expanding Use of Advanced Analytics

Property/casualty insurers in the U.S. have big plans to boost their use of advanced analytics and data in their businesses in multiple ways, but there are potential roadblocks, according to a new Willis Towers Watson survey. Approximately 83 percent of …

Willis Towers Watson Moves ILS from Securities to Reinsurance Unit

Willis Towers Watson is making changes to its insurance linked securities (ILS) business. The ILS business, which was previously part of the its securities business unit, will be integrated into Willis Re. William Dubinsky will continue to lead the ILS …

Willis Towers Watson Names 3 to Senior Posts in Corporate Broking

Insurance broker Willis Towers Watson announced three senior appointments within its Corporate Risk and Broking segment to strengthen its broking platform. These appointments are part of the company’s ongoing investment in its dedicated broking centers, which feature specialized teams using …

Willis Towers Watson Partners with IBM Security to Expand Cybersecurity Services

Willis Towers Watson will begin integrating IBM Security’s suite of services – from security testing and technical assessments to incident response and cyber resiliency services – to help clients assess, protect and recover from cybersecurity threats. According to Willis Towers …

London Market Group Appoints Beazley’s Horton as Chair, Succeeding Aubert

The London Market Group (LMG) announced the appointment of Andrew Horton, CEO of Beazley, as its new chair with effect from May 4, 2018. He will succeed Nicolas Aubert, head of Great Britain for Willis Towers Watson who has held …

Willis Towers Watson Beefs Up UK Investment Consultancy by Integrating 2 Units

Willis Towers Watson announced the transfer of its UK Insurance Investment Solutions Group (IISG) to the company’s Insurance Consulting and Technology (ICT) UK Life business – a move that aims to help insurers improve their investment strategies. The move, which …

April Reinsurance Renewals Continue Flat Pricing Seen in January: Willis Re Report

Reinsurance buyers were able to renew loss-free programs at broadly flat pricing levels during the April 1 renewals – continuing the trend seen at the January renewals, according to a Willis Re report. Pricing was dampened by the continued amounts …

Willis Towers Watson Adds Chmielesk, Beasley to Corporate Health Care Team

Willis Towers Watson announced two senior appointments within its Corporate Risk and Broking (CRB) segment to strengthen its health care platform. Sue Chmieleski has been appointed health care industry leader, North America, CRB, where she will be responsible for strategy …

WTW’s New Global Ecosystem Resilience Facility Provides Finance, Risk Mgmt Solutions

Willis Towers Watson, the London-based advisory, broking and solutions company, has developed the Global Ecosystem Resilience Facility (GERF), which it describes as the first global insurance facility to provide finance and risk management solutions to build the resilience of ecosystems …