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Reinsurance News

Willis Towers Watson

Willis Towers Watson establishes new claims resolutions team

17th October 2018

Global insurance and reinsurance broker Willis Towers Watson has established a new Resolutions team to support financial recovery efforts related to its clients’ most significant, complex and contested insurance claims. Willis Towers Watson said that the team will extend its traditional claim advocacy services into the dispute resolution arena to provide ... Read the full article

WTW appoints Allianz’s Elke Vagenende as Head of FINEX, Western Europe

12th October 2018

Global insurance and reinsurance broker, Willis Towers Watson, has appointed Elke Vagenende Head of its Western Europe region for FINEX, a division that focuses on financial, executive and professional risks. Vagenende, who brings over 20 years’ industry experience to the London-based role, previously served as Head of Market Management, UK, with ... Read the full article

Willis Towers Watson appoints Technology Sales Leader for ICT in Americas

11th October 2018

Global insurance and reinsurance broker Willis Towers Watson has appointed Marisa Ruscitto as Technology Sales Leader for its Insurance Consulting and Technology (ICT) business in the Americas. Ruscitto joins Willis Towers Watson from Risk Management Solutions (RMS), where she most recently served as Managing Director and led a global sales team ... Read the full article

Pamela Thomson-Hall named Head of CEEMEA region, Willis Towers Watson

10th October 2018

Global insurance and reinsurance broker, Willis Towers Watson, has announced the appointment of Pamela Thomson-Hall as the Head of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region. At the same time, Thomson-Hall has also been appointed Head of Corporate Risk and Broking (CRB) for the CEEMEA region, and starts both ... Read the full article

Willis Towers Watson expands Plug and Play insurtech partnership

8th October 2018

Re/insurance broker Willis Towers Watson (WTW) has expanded its partnership with Plug and Play, an innovation platform and venture fund that specialises in the development of early-to-growth stage technology startups. The new agreement extends WTW’s access to insurtech startups across all of Plug and Play’s platforms, which include Beijing, Munich, New ... Read the full article

Silent cyber perceived as a far greater risk than ever before: Willis Towers Watson

5th October 2018

Cyber-related losses are expected to increase across all business lines over the next 12 months while silent cyber continues to pose a massive threat, according to an industry-wide survey conducted by insurance and reinsurance broker Willis Towers Watson (WTW). “The insurance market considers ‘silent cyber’ to be a far greater risk ... Read the full article

Let’s think about a global insurance marketplace, not London as a hub: Nicolas Aubert

2nd October 2018

The re/insurance industry should no longer consider the London market as a hub for insurance and reinsurance business, but instead adjust its thinking towards a global marketplace, according to Nicolas Aubert, President of the Insurance Institute of London, and Head of Great Britain at Willis Towers Watson. In a lecture held ... Read the full article

Willis Towers Watson acquires French broker Dero Courtage

2nd October 2018

Insurance and reinsurance broker Willis Towers Watson has announced the acquisition of Dero Courtage, a risk advisor and insurance broker based in the French region of Normandy, for an undisclosed consideration. Headquartered in Le Havre, Dero Courtage specialises in corporate risks and the protection of executives. Following the acquisition, the business will ... Read the full article

Trade Credit Brokers rebrands under Willis Towers Watson name

27th September 2018

Trade Credit Brokers has announced that it has rebranded to Willis Towers Watson Trade Credit and Surety, becoming Ireland’s largest Trade Credit insurance specialist. Willis Towers Watson currently brokers over two-thirds of the Credit insurance business across the island of Ireland, and its Trade Credit clients insure over £1.5 billion worth ... Read the full article

Global rise in political risk exposures, WTW survey finds

25th September 2018

A survey of senior executives from 40 leading firms across multiple industry sectors, conducted by Oxford Analytica for re/insurance broker Willis Towers Watson, has reported a global rise in risk exposures as a result from geopolitical tensions. 55% of organisations with revenues greater than $1 billion reported at least one political ... Read the full article

Willis Towers Watson develops geopolitical risk policy for cargo

21st September 2018

Insurance and reinsurance broker Willis Towers Watson has developed a new policy solution for the cargo market that provides protection for exposure to geopolitical risk. Cargo Undercover will minimise potential gaps in coverage and the likelihood of claims disputes, Willis Towers Watson said, as well as removing the need to establish ... Read the full article

InsurTech deal count up but investment volume down at Q2: Willis Towers Watson

20th September 2018

The second quarter of 2018 marked a record high for InsurTech deals as a total of 71 funding transactions took place, although the collective investment value of $579 million was down 20% against the prior quarter, according to re/insurance broker Willis Towers Watson. The broker’s Quarterly InsurTech Briefing, produced in collaboration ... Read the full article

Willis Towers Watson develops new multi-peril property loss modelling tool

19th September 2018

Insurance and reinsurance broker Willis Towers Watson has developed a new technology platform to help organisations analyse potential property losses, called Property Quantified. Set to be launched during the RIMS Canada 2018 Conference on September 23, the Property Quantified platform will enable clients analyse losses across a global portfolio and optimise ... Read the full article

Willis Towers Watson to work with Cloud Constellation satellite system

13th September 2018

Willis Towers Watson has announced that its space industry specialist division, Inspace, has been appointed as an exclusive risk advisory and insurance broker to Cloud Constellation Corporation and SpaceBelt, a system of eight low earth orbit satellites (LEO) that offer space-based secure data storage and services. The appointment will see Inspace ... Read the full article

U.S. commercial insurance prices up in Q2: Willis Towers Watson

12th September 2018

According to insurance and reinsurance broker Willis Towers Watson's Commercial Lines Insurance Pricing Survey, commercial insurance prices in the U.S. in Q2 2018 increased by almost 3%. The broker states that price changes of this level have not been reported for almost four years, with price changes for most lines being higher ... Read the full article

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