WTW News

WTW Enhances Climate Diagnostic Tool to Assist Climate-Related Reporting

Insurance broker WTW has enhanced the capability of its Climate Diagnostic tool, which was first launched in April 2021. In response to an increase in Task Force on Climate-Related Financial Disclosures (TCFD) reporting and the ever-growing need for transparency, WTW …

People Moves: AGCS Promotes Major for Claims – London & Nordics; Conduit Re CRO’s Role Expands to Include Climate Initiatives; WTW Names Keville Head of FINEX GB FI

This edition of International People Moves details appointments at Allianz Global Corporate & Specialty (AGCS), Conduit Re, and Willis Towers Watson (WTW). A summary of these announcements follows here. AGCS Promotes Major to Regional Head of Claims, London and Nordics …

Former Sompo Exec Chang Moves to WTW

Michael Chang, former CEO of Sompo International’s Global Risk Solutions business, has been hired by WTW as head of Corporate Risk and Broking (CRB) North America. Chang was at Sompo for six years, where he was also co-leader of Global …

Broker WTW Reports Commercial Rates Are Starting to Stabilize Except for Cyber

Rate hikes for commercial lines of insurance are slowing to single-digit increases or even flat renewals, according to broker WTW’s Marketplace Realities spring update. The exception, as it has been, is cyber insurance. Buyers here keep seeing even higher increases. …

More Price Increases for U.S. Commercial Insurance in Q4 2021: WTW

U.S. commercial insurance prices rose again in the fourth quarter of 2021, according to WTW’s latest Commercial Lines Insurance Pricing Survey (CLIPS). The aggregate commercial price change reported by carriers was above 7%. The survey compared prices charged on policies …

People Moves: Allied American Names Altrock Program Manager; WTW Adds Knox in California

Allied American Underwriters, a division of USG Insurance Services, Inc., named Susan Altrock program manager in the Scottsdale, Arizona satellite office. Altrock has more than 25 years of industry experience, most recently with National Program Administrators. AAU is a program …

Willis Towers Watson Launches Industry Risk Forum for Ports and Terminals

Insurance broker Willis Towers Watson announced the launch of a dedicated risk forum for the ports and terminals industry. With ports and terminals client members worldwide, as well as risk forum specialists from Willis Towers Watson, the forum acts as …