Willis Towers Watson News

The Story Behind the Aon and Willis Towers Watson Deal that Died a Quick Death

It’s not often that you hear about a $24 billion deal brewing in the financial services industry. It’s even rarer that it goes from confirmation to breakup in less than a day. On Tuesday afternoon, Aon Plc confirmed a Bloomberg …

Aon Will Not Pursue Merger with Willis Towers Watson

Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a tie-up. The company said on Tuesday that it was in the early stages of …

Update: Aon Considers Bid to Buy Willis Towers Watson

Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry’s largest ever merger. Aon is in the early stages of exploring an all-share tie-up with Willis Towers, it said in …

Willis Towers Watson Taps Oppenheim to Lead Southeast Construction Practice

Willis Towers Watson has appointed Jonathan Oppenheim as regional Construction leader in its Southeast region, part of the company’s North American Construction business. Oppenheim, a 30-year industry veteran, joins the company from JLT Specialty U.S.A., where he most recently served …

WTW Names Forrest EMEA Regional Leader, Insurance Consulting & Technology

Willis Towers Watson announced that Colin Forrest will take on the role of regional leader for Europe, Middle East and Africa (EMEA) in the company’s Insurance Consulting and Technology business. Forrest takes over from Frank Schepers who, following a successful …

Willis Towers Watson Names Creedon Construction Leader for North America

Insurance broker Willis Towers Watson has appointed Bill Creedon as Construction Industry leader for North America within its Corporate Risk and Broking segment. Creedon, a 30-year insurance and construction risk industry veteran, is returning to Willis Towers Watson where he …

WTW Taps Rowley from Brit, Harvey from Aon to Boost London P/C Arm

Willis Towers Watson has appointed Tom Rowley as senior vice president, North American Property, and named Matt Harvey as senior vice president, International Property. Both will sit within the Property & Casualty Centre of Excellence (CoE), which is responsible for …

Willis Towers Watson Launches New Version of Radar Pricing Software

Willis Towers Watson announced the launch of the latest version of its Radar pricing software. With the speed of change and disruption across markets and products accelerating, Radar 4.2 provides insurers with “a future-proofed solution designed to achieve agile, sophisticated …

Commercial Lines Insurance Prices Up Slightly in 3Q 2018 Over 2017

Commercial insurance prices in the U.S. increased by more than two percent in the third quarter of 2018, according to the Willis Towers Watson Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices charged on policies written during the …

Willis Towers Watson Announces Ganzi Will Succeed McCann as Board Chairman

Willis Towers Watson announced that James McCann will be succeeded as chairman of the board by Victor Ganzi, effective Jan. 1, 2019. McCann will step down as chairman three years after the merger of Willis and Towers Watson. He will …