Willis Towers Watson News

Global M&A Plunges 28% in Q1 as Coronavirus Hits Economies

Global mergers and acquisitions activity plunged 28% in the first quarter to its lowest level since 2016 as the devastating economic effects of the coronavirus pandemic took hold in March, compounding a slow start to the year for dealmakers. Deal …

Willis Towers Watson Taps Marsh’s Finbow as Head of FINEX Financial Institutions

Willis Towers Watson announced the appointment of Susan Finbow as global head of FINEX (financial, executive and professional risks) Financial Institutions. Based in Toronto, Finbow will be responsible for the direction and servicing of FINEX Financial Institutions teams and client …

Willis Towers Watson Launches Business Aviation Community Group

Willis Towers Watson announced the launch of “A Class,” a community group focused on delivering data, knowledge and solutions to its business aviation clients. A Class focuses on data analytics and risk strategy, equipping business aviation operators with data and …

Aon and Willis Towers Watson Say Merger Is All About ‘Getting Better, Not Bigger’

There are several talking points that are evident about the planned merger of broking giants Aon and Willis Towers Watson. First, it’s not about getting bigger; it’s about getting better. And, second, it’s about addressing unmet client needs. But it …

Aon to Buy Willis Towers Watson

Global insurance brokers Aon and Willis Towers Watson announced a definitive agreement to combine in an all-stock transaction with an implied combined equity value of approximately $80 billion. Under the terms of the agreement unanimously approved by the boards of …

Insurtech Investments and Valuations Soar Even As Some Startups Fail Fast

Insurtech investments reached an historic high in 2019 but last year also capped a three-year period where a good number of Insurtech startups called it quits. According to a new briefing on the sector from Willis Towers Watson, dozens of …

Political Risk Losses Up in 2019, Hitting 68% of Surveyed Firms: WTW

A survey of 41 major corporations by broker Willis Towers Watson found that 61% believe political risk levels increased in 2019 while 68% have actually suffered a political risk loss. Disruption of international trade was considered the most significant risk …

For 2020, Expect Biggest Commercial Insurance Hikes in Years: Willis Towers Watson

North American commercial insurance buyers will face sizable price increases in 2020, across most lines of insurance, according to insurance broker Willis Towers Watson’s 2020 Insurance Marketplace Realities. While the report finds that capacity is available in all but the …

Insurtech Funding Reaches $4.4 Billion to Date in 2019, Blowing Past Full-Year 2018

Insurtech funding levels, reaching almost $4.4 billion in worldwide funding commitments through three quarters of the year, has already surpassed the 2018 full-year total, Willis Towers Watson announced Wednesday. According to the new Quarterly InsurTech Briefing published by the global …

Willis Towers Watson Adds Lyft’s Hurley in California

Willis Towers Watson has named Joseph Hurley director or corporate risk and broking. He will work out of Willis Towers Watson’s Silicon Valley tech center in California, where he will lead the firm’s platform for the marketplace, sharing and gig …