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Willis Towers Watson news
Willis Towers Watson news related to the global insurance and reinsurance broker and consultancy.
WTW Singapore makes two senior appointments
1st March 2022
WTW has appointed Choo Oi San as Singapore Country Leader, and Ludan Wang as Head of Corporate Risk and Broking (CRB) for Singapore. Oi San will hold dual capacity, combining her new role with her current position as Division Leader for South Asia and Emerging Markets, Insurance Consulting and Technology business. In ... Read the full article
Is pension scheme derisking heading into a boon year in 2022?
31st January 2022
WTW has posited that pension scheme derisking will have a boon year in 2022, according to a new report the company has put out this week. The work, WTW’s de-risking report 2022 titled A Bright Future Ahead, predicts that this year will be the fourth in a row that bulk annuities ... Read the full article
WTW appoints Robert Gardner to senior renewable energy role
14th January 2022
Re/insurance broker WTW has announced the appointment of Robert Gardner as GB Retail Industry Leader - Renewable Energy & Power for its Risk & Broking Division in GB. Specialising in Power and Renewable Energy, Gardner held a variety of leadership roles at Marsh during a 27-year tenure based in London and ... Read the full article
WTW forms new Crisis Management unit
13th January 2022
WTW has formed a new Crisis Management unit with the merger of SCR and its Terror and Political Violence teams which will sit within its Financial Solutions Global Line of Business. The new unit will be led Jo Holliday, Managing Director of SCR, and deliver crisis management and contingency risk management ... Read the full article
Kameswara Natakusumah to lead WTW Indonesia
10th January 2022
Willis Towers Watson (WTW) has appointed Kameswara Natakusumah as Head of Indonesia and Head of Corporate Risk & Broking (CRB) in Indonesia. Based in Jakarta, Natakusumah will deliver client-focused solutions that manage risk, optimise benefits and cultivate talent to strengthen and protect organisations across the vast archipelago. He will also work closely ... Read the full article
WTW announces Erin Magilton as Risk & Broking leader, Canada
7th January 2022
Insurance and reinsurance broker, Willis Towers Watson (WTW), has appointed Erin Magilton as the leader of Risk & Broking for the Canada region. Based in Toronto, Magilton takes on responsibility for leading the Risk & Broking team in Canada. She will report to Mike Liss, leader of Risk & Broking for North ... Read the full article
WTW names Powney as Head of Surety for UK
6th January 2022
Re/insurance broker Willis Towers Watson (WTW) has announced the appointment of Steve Powney as Surety Practice Leader for Europe and the UK. Powney was previously Head of International Surety at Crum and Forster and has lead surety operations for Asia, Europe and the Middle East. His responsibilities include underwriting, production and operational ... Read the full article
Global M&A activity to remain strong in 2022 after a record year: WTW
5th January 2022
Re/insurance broker Willis Towers Watson (WTW) expects global merger and acquisition (M&A) activity to remain strong in 2022 after a record number of deals completed with a value of more than $100 million last year. The latest research from WTW's Quarterly Deal Performance Monitor, run in partnership with the M&A Research ... Read the full article
WTW names Chris Heinicke as Head of Casualty, Bermuda
4th January 2022
Global insurance and reinsurance brokerage, Willis Towers Watson has appointed Chris Heinicke as Head of Casualty in Bermuda, reporting into Kirsten Beasley, Head of Office, Bermuda. Heinicke joins Willis Towers Watson from Aon Bermuda, where he served as the Managing Director and Team Leader, overseeing the casualty broking unit. He will be ... Read the full article
WTW launches new Risk and Analytics model
21st December 2021
Willis Towers Watson has launched a new Risk and Analytics model for the trade credit market which analyses clients’ trade receivables to predict potential losses over a range of statistical scenarios. By identifying the unique frequency and severity of potential credit risk losses within a firm’s receivables portfolio, the model takes ... Read the full article
WTW appoints Petersen to lead North American primary casualty
21st December 2021
Willis Towers Watson has appointed Casey Petersen to lead its Primary Casualty Broking business in North America. Petersen's focus will be on designing and implementing bespoke risk financing solutions for WTW's clients. Based in Chicago, Petersen he reports to Jon Drummond, head of Broking, North America. Having served with the company since ... Read the full article
WTW designs ‘game changing’ climate-focused parametric solution
20th December 2021
Broker Willis Towers Watson has announced its involvement in the design and placement of the world’s first parametric insurance transaction capable of making possible the Government of Belize’s ground-breaking debt restructuring for marine conservation. Munich Re participated in an underwriting capacity, with the insurance protection having played a crucial role in ... Read the full article
Claims inflation up 6.1% for UK motor insurers: WTW
17th December 2021
According to latest data from Claim Metrics, the claims benchmarking service from re/insurance broker Willis Towers Watson (WTW), claims inflation increased by 6.1% for UK motor insurers during first half of 2021. Whilst lockdowns up to the beginning of Q1 2021 led to a drop in motor claim volumes, including unprecedented ... Read the full article
WTW hires Tim Rourke as UK Head of P&C Pricing, Product, Claims and Underwriting
14th December 2021
Willis Towers Watson has appointed Tim Rourke as the new UK Head of P&C Pricing, Product, Claims and Underwriting in the company’s Insurance Consulting and Technology business. He succeeds Graham Wright in this role, who is taking on a new challenge outside of the company. Rourke most recently served as Head of ... Read the full article
WTW launches Ports and Terminals risk forum
13th December 2021
Willis Towers Watson has announced the launch of a dedicated risk forum for the Ports and Terminals space, as the broker looks to provide a means for its members to network and explore risk identification and response. WTW is collaborating with the University of Cambridge Judge Business School’s Centre for Risk ... Read the full article
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