All the headlines from our Willis Towers Watson Topic Page, ordered by recency.
Mar 9 2018 // Willis Towers Watson, the London-based advisory, broking and solutions company, has developed the Global Ecosystem Resilience Facility (GERF), which it describes as the first global insurance facility to provide finance...
Mar 5 2018 // Global insurance broker Willis Towers Watson has appointed Alexis Faber as chief operating officer within its Corporate Risk and Broking segment. Faber will transition from her current role as global head of Financial...
Feb 28 2018 // Willis Towers Watson has launched Willis Towers Watson Aerospace Cyber Guard, a tailored cyber insurance product for the general aviation industry.Willis Towers Watson Aerospace Cyber Guard was developed in cooperation...
Feb 27 2018 // Willis Towers Watson, a global advisory, broking and solutions company, has appointed Eric Seaborg as a client advocate for its public entity practice within its education department. Seaborg will be based in the...
Feb 15 2018 // Commercial property insurers are seeking double-digit rate hikes on catastrophe-exposed insurance programs following 2017’s record catastrophes; however, abundant capacity in the form of traditional and alternative...
Feb 2 2018 // Re/insurance industry incumbents are fueling investments in insurtech startups, sending a clear message to potential disruptive outsiders, according to a report published by Willis Towers Watson, which detailed 2017 trends...
Feb 2 2018 // Willis Towers Watson has appointed Fred Zutel as Corporate Risk and Broking (CRB) market leader for Florida, where he will focus on delivering the company’s property & casualty insurance broking services to...
Jan 29 2018 // The insurance linked securities (ILS) sector is set for another year of growth as the market recovers from 2017’s natural disasters, replaces lost capital and investors show mounting interest in ILS products.These...
Jan 18 2018 // Willis Re, the reinsurance business of Willis Towers Watson, the global advisory and broking company, has upgraded its cyber risk portfolio modeling tool PRISM-ReTM to include “silent cyber.”Willis Re defines...
Jan 17 2018 // The insurance protection gap. It’s a phrase that will be increasingly heard over the coming years – because it is getting bigger. The protection gap is the difference between insured losses and total economic...
Jan 5 2018 // Insurance advisor and broker Willis Towers Watson has named Louise Pennington as large account leader for its Corporate Risk and Broking segment. In this newly created role, Pennington will be responsible for large account...
Jan 4 2018 // The insurance industry will pay record claims of US$135 billion from last year’s spate of natural catastrophes, according to a report published by Munich Re.Further, Hurricanes Harvey, Irma and Maria (HIM), the...
Jan 2 2018 // Global property reinsurance prices have risen less than expected in the key Jan. 1 renewal season, with strong competition limiting increases to single digit percentages following a record year of losses, brokers said on...
Dec 21 2017 // Willis Towers Watson Securities said it has structured and placed EUR 90 million of insurance-linked securities (ILS) for Covea Mutual Insurance Group, France’s largest domestic property/casualty insurance group.The...
Dec 13 2017 // The aging U.S. population will create unprecedented demand for the senior living industry for decades to come and that opens the door for agents and brokers to grow their business in this sector. But understanding the...
Dec 11 2017 // Commercial insurance prices in the U.S. were again nearly flat during the third quarter of 2017. Price changes reported by carriers averaged less than one percent for the ninth consecutive quarter, following a moderating...
Dec 4 2017 // Octo Telematics, the the London-based provider of telematics for the auto insurance industry, announced it has completed its acquisition of the usage-based insurance (UBI) assets of Willis Towers Watson, which was...
Nov 30 2017 // Willis Towers Watson has launched Igloo 5, an update to its financial modeling platform.The broker said Igloo 5 brings a number of key improvements including: Greatly improved model runtime Ready for use-based licensing...
Nov 20 2017 // Commercial insurance buyers should brace for rate increases for 2018 as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global insurance...
Nov 16 2017 // Fewer insurance mergers and acquisitions (M&As) are being completed these day but those that are completed are of a higher value, according to a survey by global broker Willis Towers Watson in conjunction with M&A...