Reinsurance News
WTW
WTW is a leading broker, consultancy and advisory for the insurance and reinsurance sector. One of the largest insurance brokers in the world and with a new reinsurance broking venture underway, WTW is a key player in the market.
WTW adds new features to global cyber facility to keep ahead of market trends
8th May 2024
Global insurance and reinsurance broker WTW has unveiled strategic enhancements to its global cyber facility, CyXS facility. The broker launched CyXS in January 2023, aiming to provide capacity and efficiency for clients around the world. Now, WTW has introduced new features for the cyber facility, designed to meet the needs of ... Read the full article
WTW makes senior appointment in FIPS division of CRB NA
30th April 2024
WTW, a global re/insurance broker, has appointed Alex deLaricheliere as the Strategy and Execution Leader and Banking Subvertical Leader within the Financial Institutions and Professional Services (FIPS) industry division of Corporate Risk and Broking, North America (CRB NA). In the new role, deLaricheliere will report to and closely work with Brad ... Read the full article
WTW partners with Riskonnect to introduce advanced risk diagnostic tool
29th April 2024
WTW, a global insurance and reinsurance broker, has partnered with Riskonnect to launch a new analytical delivery tool that seamlessly connects claims and exposure data through the WTW Risk IQ API (application programming interface). This collaboration aims to provide clients of both organisations with a deeper understanding of their claims data. By ... Read the full article
WTW reports Q1’24 organic revenue growth of 5%
25th April 2024
Global insurance broker WTW has announced 5% organic revenue growth to more than $2.34 billion for the first quarter of 2024, although Group net income fell by 6% year-on-year to $194 million. Alongside the slight dip in net income, WTW has reported Q1 2024 income from operations of $280 million, down ... Read the full article
WTW names Danielle Lombardo Chair of REHL Division, CRB NA
23rd April 2024
Global re/insurance broker WTW has announced the appointment of Danielle Lombardo as Chair, Real Estate, Hospitality, and Leisure (REHL) division, Corporate Risk and Broking (CRB) North America. With more than fifteen years of experience in the insurance industry focused exclusively on real estate, Lombardo aims to drive WTW’s initiatives to automate ... Read the full article
WTW appoints Neil Harrison as new Global Head of Claims
15th April 2024
WTW, a global insurance and reinsurance broker, has announced the appointment of Neil Harrison as the new Global Head of Claims. In his new role, Harrison will report directly to Adam Garrard, WTW's Global Head of Risk & Broking. He will oversee all aspects of WTW’s claims operations, including aligning claims ... Read the full article
WTW adds Mary J. Bahna-Nolan to its Life Insurance Consulting & Technology team
9th April 2024
WTW, the global re/insurance broker has announced that Mary J. Bahna-Nolan has joined the firm as a Senior Director on the North American Insurance Consulting & Technology (ICT) team, where she will be based in Chicago. In the role, she will report to Kim Steiner, Division Leader for the Life Insurance ... Read the full article
Global M&A performance rises modestly in Q124, large transactions begin to stabilise: WTW
4th April 2024
Global mergers and acquisitions (M&A) activity saw a modest rise in completed deals during the first quarter of 2024 compared to the same period last year, according to research from WTW’s Quarterly Deal Performance Monitor (QDPM). Data has revealed that 166 deals valued over $100 million were completed globally during Q124, ... Read the full article
WTW partners with University of Geneva to assess global volcanic risks
27th March 2024
WTW, a global re/insurance broker, has recently partnered with the University of Geneva to assess global systemic risks arising from large volcanic eruptions. This collaboration aims to assist WTW and its clients in anticipating the potential impact of future large-scale eruptions on their operations and portfolios, enabling them to make more ... Read the full article
Health & safety takes over cyber as highest D&O risk for 2024: WTW
21st March 2024
Health & safety has emerged as the most important risk facing directors and officers (D&O) in 2024, with risk associated to cyber attacks falling to second place, according to broking and solutions company WTW and global law firm, Clyde & Co. Both firms recently released their latest Global Directors’ & Officers’ ... Read the full article
WTW gets USAID funding to develop climate-resilient insurance solution
18th March 2024
Global advisory, broking, and solutions firm WTW has revealed it will receive funding from the U.S. Agency for International Development (USAID) to develop a climate-resilient insurance solution that aims to unlock climate adaptation investment from the private sector. Utilising this new USAID funding, WTW said it will design a pilot facility ... Read the full article
US commercial insurance rates sustained upward trajectory in Q4’23: WTW
12th March 2024
Global insurance brokerage WTW has disclosed that U.S. commercial insurance rates have sustained an upward trajectory exceeding 6% in Q4 2023. According to the Commercial Lines Insurance Pricing Survey (CLIPS) conducted by WTW’s Insurance Consulting and Technology (ICT) business, in the fourth quarter of 2023, the insurance premiums for policies underwritten ... Read the full article
WTW appoints Lynda Gammons as Head of Claims Closure Solutions, CRB NA
8th March 2024
Global insurance brokerage WTW has appointed Lynda Gammons as the new Head of the Claims Closure Solutions team for Corporate Risk & Broking, North America. This appointment builds on the three recent hires by the broker to its CRB NA's Private Equity and Transactional Solutions team, which include Daniel Kesack ... Read the full article
WTW strengthens CRB NA team with three new hires
5th March 2024
Global re/insurance broker, WTW, has announced the addition of three strategic hires, within the Private Equity and Transactional Solutions team, which include Daniel Kesack as Director of Contingent Solutions, Shirley Chin as Head of Tax Insurance, and Steven Kolos as Director of Transactional Solutions. Kesack brings to his new role ten ... Read the full article
WTW expands Global Specialty team with addition of Julien Bosc as Director
4th March 2024
WTW, a global advisory, broking and solutions company has appointed Julien Bosc to a newly created role as the Global Specialty Director within the company’s Insurance Consulting and Technology (ICT) business. Bosc will be based in London and report to Richard Clarkson, Global Market Leader of WTW Global Speciality. He will be ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
