All the headlines from our Willis Towers Watson Topic Page, ordered by recency.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Apr 15 2020 // Willis Towers Watson announced the appointment of Matt Scott as a senior director in its Climate and Resilience Hub.Scott played an integral role in the Bank of England’s climate team under Governor Mark Carney from...
Apr 6 2020 // Willis Towers Watson is postponing its planned sale of its London wholesale broker subsidiary, Miller Insurance Services.“Given the current COVID-19 outbreak and associated uncertainty, we have paused our current...
Apr 1 2020 // Reinsurers were able to complete the April renewals smoothly, despite being forced to move to the new working-from-home model after the COVID-19 outbreak, according to Willis Re.“The global reinsurance market has...
Mar 31 2020 // Charles Rumball, currently executive vice president of Willis Re’s Specialty Reinsurance Division in Bermuda, is relocating to New York to assume the new role of head of Specialty for North America for Willis...