Reinsurance News

Willis Towers Watson’s Asia Pacific practice secures accreditation

6th June 2018 - Author: Staff Writer -

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Global re/insurance broker Willis Towers Watson (WTW) has secured accreditation under the Quality Assurance Scheme (QAS) by the Institute and Faculty of Actuaries (IFoA) for its Insurance Consulting and Technology (ICT) business in Hong Kong, Singapore, Malaysia and Indonesia.

Willis Towers WatsonAccreditation by the IFoA bolsters ICT’s reputation and ensures the company provides an appropriate environment and support system to help actuaries produce high quality actuarial work.

Mark Birch, Global Leader, Professional Excellence for Insurance Consulting and Technology, WTW, commented, “Willis Towers Watson was one of the first organisations to be accredited when the IFoA introduced the Scheme in the UK back in 2015. Professional Excellence is a core value of Willis Towers Watson and this QAS accreditation recognises that. It was a natural step for us to seek to extend the accreditation to our Asia Pacific practice.”

“We are committed to leading and sustaining professional excellence. This means ongoing communication to educate and engage our colleagues in our Professional Excellence approach; we provide colleagues with tools and clear guidance to meet our standards and recognise and reward for outstanding contributions to Professional Excellence.”

Leader of Insurance Consulting and Technology, Asia Pacific, Ken Brown, added, “Our stringent work policies, which we put into practice every day in the working environment, promote quality assurance at an organisational level. This gives our clients confidence that our work is designed to be relevant to their needs, and is technically correct, practical, and delivered with clarity.”

“Our practice in this region comprises a diverse mix of internationally- recognised actuarial qualifications, and this accreditation is proof that our teams consistently demonstrate their commitment to quality and excellence.”

“We are proud that the IFoA assessment concluded that our values are aligned with its vision of promoting effective quality controls and assuring high quality actuarial work across these newly evaluated markets in Asia,” concluded Brown.