Willis Towers Watson News

Willis Towers Watson Beefs Up UK Investment Consultancy by Integrating 2 Units

Willis Towers Watson announced the transfer of its UK Insurance Investment Solutions Group (IISG) to the company’s Insurance Consulting and Technology (ICT) UK Life business – a move that aims to help insurers improve their investment strategies. The move, which …

April Reinsurance Renewals Continue Flat Pricing Seen in January: Willis Re Report

Reinsurance buyers were able to renew loss-free programs at broadly flat pricing levels during the April 1 renewals – continuing the trend seen at the January renewals, according to a Willis Re report. Pricing was dampened by the continued amounts …

Willis Towers Watson Adds Chmielesk, Beasley to Corporate Health Care Team

Willis Towers Watson announced two senior appointments within its Corporate Risk and Broking (CRB) segment to strengthen its health care platform. Sue Chmieleski has been appointed health care industry leader, North America, CRB, where she will be responsible for strategy …

WTW’s New Global Ecosystem Resilience Facility Provides Finance, Risk Mgmt Solutions

Willis Towers Watson, the London-based advisory, broking and solutions company, has developed the Global Ecosystem Resilience Facility (GERF), which it describes as the first global insurance facility to provide finance and risk management solutions to build the resilience of ecosystems …

CEO of Ohio’s Loan Protector Insurance Services Buys Back Firm

The CEO and managing partner of Solon, Ohio-based Loan Protector Insurance Services has purchased the company from insurance brokerage Willis Towers Watson. The buyout by Dennis Swit was financed by InsurBanc. The 150-employee business was acquired by Willis Towers Watson …

Willis Towers Watson Names Faber as Corporate Risk, Broking Chief Operating Officer

Global insurance broker Willis Towers Watson has appointed Alexis Faber as chief operating officer within its Corporate Risk and Broking segment. Faber will transition from her current role as global head of Financial Lines. In this newly created role, Faber …

Willis Towers Watson Appoints Seaborg to Public Entity Practice in Maryland

Willis Towers Watson, a global advisory, broking and solutions company, has appointed Eric Seaborg as a client advocate for its public entity practice within its education department. Seaborg will be based in the company’s Hunt Valley, Md., office in his …

Widespread Market Firming Unlikely Even as Property Rates Rise: WTW

Commercial property insurers are seeking double-digit rate hikes on catastrophe-exposed insurance programs following 2017’s record catastrophes; however, abundant capacity in the form of traditional and alternative capital is likely to depress widespread market firming, according to global advisor Willis Towers …

Incumbent Re/Insurers Drive Insurtech Investments in Q4 2017: Willis Towers Watson

Re/insurance industry incumbents are fueling investments in insurtech startups, sending a clear message to potential disruptive outsiders, according to a report published by Willis Towers Watson, which detailed 2017 trends in the insurtech sector. “Re/insurers, directly and through corporate venture …

Willis Towers Watson Makes Staff Changes in Florida, Taps Zutel to Lead CRB Business

Willis Towers Watson has appointed Fred Zutel as Corporate Risk and Broking (CRB) market leader for Florida, where he will focus on delivering the company’s property & casualty insurance broking services to clients across the state. Zutel will be responsible …