Willis Towers Watson has introduced CyFly, an insurance solution specifically tailored to cover cyber exposure affecting the airline industry. The recent Willis Towers Watson Industry Risk Index identified failure of critical IT systems as the most significant risk facing the …
With abundant capacity, aggressive capital market competition and acceptable returns for global reinsurers, it’s no wonder that the elusive bottom of soft market pricing was not evident at the April 1 renewals. During 2016, global reinsurers generated “an acceptable, though …
Willis Towers Watson has launched Radar 3.0, the latest edition of its pricing software, which includes machine learning approaches for greater pricing sophistication. Building on the last major release of Radar in 2016, Radar 3.0 implements a wider range of …
While many organizations continue to focus on the technology aspect of cyber defense, which is crucial, they often do so at the expense of people risks, which represent the largest source of data breach claims. New claims data analysis from …
Willis Towers Watson has concluded its negotiations with OAAGC, the French aviation brokerage, and has now completed the acquisition of its team and book of business. Willis Towers Watson said the deal makes it the leading aviation broker in France. …
Willis Towers Watson has appointed Imran Qureshi to head the company’s U.S. Midwest region. In his new role, Qureshi will be responsible for managing and growing the company’s business and client relationships across the Midwest. In addition, he will join …
Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business. Paris-based OAAGC (Office d’Assurances Aériennes G. de Cugnac) was founded in 1898 and its team of 16 is …
A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer could strip insurers of up to 120 percent of their net capital base, tests of insurers in London showed. However, …
Willis Towers Watson has appointed Fred Zutel as head of Corporate Risk and Broking (CRB) in South Florida. The company also made four other hires, strengthening its presence in the South Florida market. Zutel worked with Willis Towers Watson’s in …
Global insurance broker Willis Towers Watson has appointed Mike Liss as head of its Corporate Risk and Broking (CRB) business in North America, effective immediately. Liss will be responsible for business growth and strategy, as well as for consolidating Willis …
