Willis Towers Watson News

Willis Towers Watson Makes 8 Appointments to Florida Risk Management Operations

Willis Towers Watson has made a series of personnel appointments across its Corporate Risk and Broking (CRB) operations in Florida. CRB’s has focused on delivering innovative products to clients with an emphasis on the real estate, construction, health care and …

Willis Towers Watson’s Ross and Team to Join Higginbotham in Oklahoma City

Higginbotham has forged an agreement with with Willis Towers Watson, under which Fort Worth-based Higginbotham will acquire an Oklahoma City group of insurance professionals led by broker Richard Ross who formerly were with Willis Tower Watson. The transaction expands Higginbotham’s …

Willis Towers Watson Updates Radar Pricing Tool with Governance, Security Features

Willis Towers Watson has released an updated version of its Radar pricing software. Radar 4.4 introduces new security features that provide a more sophisticated governance process, as well as improvements to the software’s machine learning and optimization capabilities. “Insurers are …

Willis Towers Watson Launches Risk Advisory Service for CFOs, Risk Managers

Willis Towers Watson has launched a new advisory capability designed to help chief financial officers and risk managers reduce volatility and minimize their total cost of risk. The new Connected Risk Intelligence service offers a single source for financial executives …

WTW Names Richardson UK & Ireland Leader, Insurance Consulting & Technology Unit

Willis Towers Watson announced that Tammy Richardson will take on the role of UK and Ireland leader for life and property & casualty in the company’s Insurance Consulting and Technology business. Richardson most recently served as leader of the UK …

Federal Flood Insurance Premiums Could Rise in Flood-Prone Areas Under Trump Plan

Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National Flood Insurance Program. …

Insurers Face Big Claims from Victims’ Families After Boeing 737 MAX Crash: Sources

Boeing Co.’s insurers face big claims from families of the victims of the Ethiopian Airlines crash, coming less than six months after the crash of the same type of Boeing aircraft in Indonesia, insurance and aviation sources said. An Ethiopian …

Willis Towers Watson Appoints Hotchkiss, Johnson, Haitsch to Leadership Roles in West

Willis Towers Watson has appointed George Haitsch, Linde Hotchkiss and Nicole Johnson to leadership positions in its corporate risk and broking segment for its Western North America region. Hotchkiss will lead regional large account strategy for the West where she …

U.S. Commercial Insurance Prices Inched Up in Q4

U.S. commercial insurance carriers again earned price increases in the 2018 fourth quarter, but the growth was slight. Premiums during the quarter grew just under two percent on average compared to the same period in 2017, according to Willis Towers …

UK’s Global Aerospace Is Boeing’s Lead Insurer

Britain’s Global Aerospace is the lead insurer for the world’s biggest plane maker Boeing Co, the insurer’s top boss said on Monday. “I can confirm that Global Aerospace leads Boeing, and also Lion Air,” Chief Executive Officer Nick Brown said …