Increasing geopolitical concerns are causing a rise in political risk exposures with 55 percent of global organizations with revenues greater than $1 billion experiencing at least one political risk loss exceeding a value of $100 million, according to a survey …
Willis Towers Watson has launched a new technology platform to help organizations analyze potential property losses across a global portfolio with the aim of optimizing risk transfer and insurance strategies. The new Property Quantified product models multiple perils in a …
There will soon be a new specialty insurance site that promises to quicken and simplify transactions for U.S. insurance brokers who are serving small and medium sized businesses. Vindati, a New York-based managing general agency (MGA), will be offering brokers …
ACORD, the global standards body for the insurance industry, has launched an Adoption Toolkit to support the application of data standards for global reinsurance and large commercial risks in the London market. “The benefits of implementing data standards are being …
Willis Towers Watson has launched a digital tool to help organizations analyze financial feasibility and future profitability of their captive insurance strategies. The new system, Captive Quantified, is a web-based, interactive design that automates due diligence and financial analysis to …
Willis Towers Watson announced it has reinforced its existing facultative reinsurance business in France by strengthening and growing its Paris-based team. The global advisory, broking, and solutions company has strengthened its proposition by creating an independent and dedicated team of …
Cybersecurity is the top directors and officers (D&O) liability concern for organizations today, while claims brought by employees, including claims for harassment or discrimination, and regulatory enforcement risks are also critical D&O exposures. According to Willis Towers Watson’s 2018 Management …
Willis Towers Watson, the global advisory, broking and solutions company, announced that its board of directors has extended the contract of its chief executive officer, John Haley, until Jan. 1, 2021. “We are pleased to retain John Haley’s leadership as …
Insurance broker Willis Towers Watson has appointed Mary Botkin, as health care industry lead in its Corporate Risk and Broking (CRB) segment. Botkin will be responsible for delivering the company’s integrated risk management strategy to its health care portfolio, including …
Willis Towers Watson has launched tailored cyber insurance coverage for the construction industry. CyCon was developed in close cooperation with specialty cyber insurance provider NAS Insurance Services and is available nationwide. The coverage includes a blend of first- and third-party …
