WTW News

People Moves: WTW Risk & Broking Names Marsh’s Powell as Chief Claims Officer; QBE Europe Promotes Keller as Head of Liability

This edition of International People Moves details appointments at WTW and QBE Europe. A summary of these new hires follows here. WTW Risk & Broking Names Marsh’s Powell as Chief Claims Officer WTW, the advisory, broking and solutions company, announced …

People Moves: Aspen Promotes Bianconi to Global Head of Cyber; WTW’s Corporate Risk & Broking Unit Taps Marsh’s Beldy Torborg for 2 Exec Roles

Aspen Promotes Bianconi to Global Head of Cyber Bermuda-based Aspen Insurance Holdings Ltd. has appointed Bobby Bianconi as global head of Cyber. Bianconi has been with Aspen since 2016 and brings over 1o years of dedicated underwriting experience, most recently …

Don’t Expect the Same Raise You Got Last Year: Surveys

Companies are trimming their budgets for merit raises next year, a sign of belt-tightening that could surprise some employees who had enjoyed two straight years of increases. US employers surveyed by Aon Plc, which compiles compensation data on more than …

Q2 US Commercial Lines Prices Up 6.1%: WTW

According to WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), commercial insurance prices in the U.S. continued to increase in the second quarter. The quarterly survey, answered by insurance carriers, indicated an overall price increase of 6.1% on polices written in …

People Moves: WTW Hires Bryce From Magnes for Personal Lines, Canada; Markel Taps PwC’s Feng as Warranty & Indemnity U/W; RSA Names Godfrey as Transformation Dir.

This edition of International People Moves details appointments at WTW, Markel and RSA Insurance. A summary of these new hires follows here. WTW Hires Bryce for Personal Lines, Canada Insurance broker WTW announced the appointment of Allison Bryce as the …

WTW Q2 Net Income Down 16%

Second-quarter net income at broker WTW was down 16%, compared to the same period a year ago, to $96 million. Revenue at WTW was up 6% to $2.16 billion, with organic growth up 7%. WTW Chief Executive Office Carl Hess …

People Moves: Arch Re Appoints Former PartnerRe CUO Schriber as President; WTW Taps Marsh’s Clarke as President, Risk & Broking, Garrard Named Unit’s Chairman

This edition of International People Moves details appointments at Arch Reinsurance Co. and Willis Towers Watson (WTW). A summary of these new hires follows here. Arch Re Co. Appoints Former PartnerRe CUO Schriber as President Arch Reinsurance Co. announced that …

People Moves: Arch Promotes Blois to Underwriting Mgr, Hires 3 PI U/Ws; Canopius Names CFC’s Gayle as Cyber U/W; WTW Taps Sales From Aon for Large Client GB Team

This edition of International People Moves details appointments at Arch Insurance, Canopius, and Willis Towers Watson (WTW). A summary of these new hires follows here. Arch Promotes Blois to U/W Manager, Hires 3 PI Underwriters Arch Insurance’s UK Regional Division …

People Moves: WTW Names Mascaro Hospitality Leader; Leach SVP, Founder of K2 Financial US Ops; MEMIC Hires Underwriters

WTW announced the appointment of Juan Mascaro as hospitality segment leader, a part of the Real Estate, Hospitality, and Leisure Division within Corporate Risk and Broking (CRB), North America. Mascaro has more than two decades of insurance industry experience in …

Markets/Coverages: WTW Launches Property Rebuild Assessment Service, Powered by Kroll Valuation Platform

Insurance broker WTW has launched a new Property Rebuild Assessment Service, powered by Kroll’s Property Insurance Valuation Platform, to provide its clients with an accurate rebuild valuations report and advice. WTW will provide property rebuild adequacy assessments and online valuations, …