Latest Willis Towers Watson Headlines

All the headlines from our Willis Towers Watson Topic Page, ordered by recency.

Leading Proxy Advisory Firms Recommend Shareholders Approve Aon, WTW Merger

Aug 11 2020 // Aon plc and Willis Towers Watson announced that two leading proxy advisory firms have recommended that shareholders vote in favor of the companies’ proposed combination.Institutional Shareholder Services Inc. (ISS)...

Insurtech Fundraising Rises in Q2 with $1.6 Billion Invested

Aug 10 2020 // Following the COVID-19-induced slowdown in global insurtech investment during the first months of 2020, insurtechs raised $1.56 billion during the second quarter.The total, up 71% over Q1, was driven in part by later-stage...

Insurtech Fundraising Rises in Q2 with $1.6 Billion Invested

Jul 28 2020 // Following the COVID-19-induced slowdown in global insurtech investment during the first months of 2020, insurtech firms raised $1.56 billion during the second quarter.The total, up 71% over Q1, was driven in part by...

Guy Carpenter Launches Hybrid Solutions UK with Willis Towers Watson’s Upton at Helm

Jul 16 2020 // Reinsurance broker Guy Carpenter & Co. announced the launch of Hybrid Solutions UK, a division of GC Fac, and the appointment of Laurence Upton, formerly with Willis Towers Watson in London, to lead the new...

Guy Carpenter Names Lawrence from Willis Towers Watson as Head of GC Fac UK

Jul 13 2020 // Guy Carpenter & Co., the reinsurance brokerage division of Marsh & McLennan Cos., announced the appointment of Henry Lawrence as a managing director, GC Fac UK, effective August 17.Lawrence will be responsible for...

Willis Re Taps Moss from Lockton Re as Co-Head of Specialty Casualty Unit in London

Jul 8 2020 // Willis Re, the reinsurance division of Willis Towers Watson, announces the appointment of James Moss as co-head of Willis Re Specialty’s Casualty practice. In his role, Moss will work in tandem with Chirag Shah to...

AXA XL Taps Clarke from WTW, Generali’s Warke for UK Broker Management Team

Jun 17 2020 // AXA XL announced two additions to its UK broker management team: Michael Clarke has been appointed Regional Broker Distribution leader while Robyn Warke has been named Broker Distribution leader.As Regional Broker...

Building a Post-Pandemic Construction Market

Jun 15 2020 // The construction industry is one segment of the economy that could emerge from the pandemic stronger. That’s good news for construction insurance experts. But moving forward comes with a few challenges as contractors...

Commercial Lines Prices Rose 6% in Q1- Except Workers’ Compensation

Jun 9 2020 // U.S. commercial insurance prices climbed more than 6 percent in aggregate during the 2020 first quarter compared to the year, Willis Towers Watson’s pricing survey for the sector.Price increases surpassed 6 percent...

Willis Towers Watson Faces Shareholder Lawsuits in U.S. Over Sale to Aon

Jun 8 2020 // There have been at least three shareholder lawsuits filed over the mega-deal that would have insurance broker Aon acquire rival Willis Towers Watson. The suits allege that Willis and its directors breached their fiduciary...

Kang Joins Allianz From Willis Towers Watson to Head Cyber in North America

Jun 4 2020 // Allianz Global Corporate & Specialty (AGCS) announced that Thomas Kang is joining the insurer as head of Cyber in North America. Kang, an attorney, joins AGCS from Willis Towers Watson, where he served as Global Cyber...

Willis Towers Watson Launches Customized Cyber Insurance for Shipowners

May 26 2020 // Willis Towers Watson announced the launch of CyNav, a new type of cyber insurance cover designed specifically for shipowners.The new product addresses the growing need for an explicit marine cyber solution, built from the...

Willis Towers Watson Forms Risk Services Group for Distressed Organizations

May 12 2020 // Willis Towers Watson has formed a new unit serving companies facing bankruptcy or restructuring.The new unit, Strategic Solutions Group (SSG), is within its Financial, Executive and Professional Risks (FINEX) global...

Q1 Insurtech Fundraising Drops 54% on COVID-19 Disruption: Willis Towers Watson

May 8 2020 // Overall funding for insurtech investments decreased by 54% during the first quarter as a result of the COVID-19 crisis, compared to a record high in Q1 last year, according to a report from Willis Towers...

Willis Research Network Partners with ‘Cloud to Street’ to Raise Flood Resilience

May 6 2020 // The Willis Research Network (WRN) has formed a new partnership with “Cloud to Street,” a global flood-mapping and monitoring platform that aims to help governments, humanitarian organizations and private sector...

In Volatile Times, Willis Towers Watson Deal ‘More Important Than Ever:’ Aon CEO Case

May 1 2020 // Aon reaffirmed its commitment to the acquisition of Willis Towers Watson in a report of its first quarter results.“Our Aon United Strategy and pending combination with Willis Towers Watson are more important than...

Willis Towers Watson Withdraws 2020 Target on COVID-19 Crisis; Q1 Revenues Up 7%

May 1 2020 // Willis Towers Watson is withdrawing its 2020 guidance due to the uncertainties caused by the COVID-19 pandemic.The broker said it will re-assess the guidance once it has a clearer understanding of the depth, duration, and...

Willis Towers Watson Extends Specialized Broking Program to Financial Institutions

May 1 2020 // Willis Towers Watson has formed Financial Institutions Differentiated Broking Solutions (FI DBS), an expansion of the DBS program for general industry mid-market clients that launched in June 2019.DBS utilizes Willis...

Non-Life Insurance Claims from Pandemic to Surpass 9/11 Claims: Willis Towers Watson

May 1 2020 // Insurance broker Willis Towers Watson on Friday estimated general insurance losses between $32 billion and $80 billion across key classes in the United States and UK from the novel coronavirus, surpassing claims from the...

Global Reinsurers See Robust Capital Growth of 15% in 2019: Willis Re

Apr 29 2020 // Total capital dedicated to the global reinsurance industry measured US$605 billion at year-end 2019, reflecting robust 15% year-on-year growth, according to Willis Re’s latest Reinsurance Market Report.This was...