Willis Towers Watson News

EY, Maersk and Microsoft Create Blockchain-Based Marine Insurance Platform

Consultancy EY, data security firm Guardtime, Microsoft and ship operator Maersk have joined to build a blockchain-based marine insurance platform that will be the first real-world use of the nascent technology in the shipping industry. EY and Guardtime said the …

Willis Towers Watson Taps USI’s Campbell in Missouri

Willis Towers Watson has appointed John Campbell corporate risk and broking market leader and construction leader for St. Louis, Mo. Campbell will be responsible for driving the overall CRB growth strategy, value proposition and talent acquisition efforts in the region. …

ILS Issuance in Q2 Breaks New Record at $6.3B: Willis Towers Watson

Non-life insurance-linked securities (ILS) issuance reached a record-breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year, according to a report by Willis Towers Watson Securities, the investment banking business of Willis Towers Watson. …

Q2 Insurtech Funding Rises to $1B: Willis Towers Watson/CB Insights Report

Insurtech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from Willis Towers Watson and CB …

Willis Towers Watson Announces New Leadership for North America Brokerage Unit

Global insurance broker Willis Towers Watson has made several senior appointments in its North America Corporate Risk and Broking (CRB) business. Mark Rusas has been appointed CRB Northeast region leader, where he will be responsible for growth strategy and talent …

Kent to Become Willis Re’s Global CEO when Cavanagh Retires

Willis Re announced that James Kent, the current deputy global CEO, will succeed John Cavanagh when he retires from his position as global CEO in December 2017. Kent joined Willis Re in 2004 and has served as the global deputy …

Willis Towers Watson Makes 4 Senior Appointments in North America Corporate Risk Unit

Global insurance broker and risk consultant Willis Towers Watson has made a series of regional senior appointments across its Corporate Risk and Broking (CRB) segment in North America. The following individuals will be responsible for driving the overall CRB growth …

Global Insurers Face High Compliance Costs with New Accounting Rules

Insurers in over 100 countries face a “once in a lifetime” accounting change from January 2021 with the introduction of a uniform international book-keeping standard, details of which will be published on Thursday. Twenty years in the works, the new …

Zacharopoulos to Lead Willis Towers Watson’s Midwest Financial Institutions Unit

Willis Towers Watson has appointed Thomas Zacharopoulos as Midwest leader for its Financial Institutions Industry group. Zacharopoulos will be responsible for business development and delivering the full scope of the company’s distinctive financial institution capabilities to its corporate risk and …

Willis Towers Watson Names Bernstein as Head of Broking, Great Britain

Clyde Bernstein has been appointed as the head of Broking – Great Britain (GB), for Willis Towers Watson’s Corporate Risk and Broking division. He reports jointly to Philip Smaje, global head of Broking, and Alastair Swift, head of Corporate Risk …