Latest Willis Towers Watson Headlines

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

Willis Towers Watson Names Peiser Head of Broking North America

Apr 23 2017 // Global insurance broker and consultant Willis Towers Watson has named Joe Peiser as head of Broking, North America. Peiser will be responsible for the company’s broking strategy in North America, working with the...

UK Car Premiums Rise by 16% to $949 with More Pain Ahead: Willis Towers Watson, Confused.com

Apr 11 2017 // U.K. car insurance premiums rose 1.8 percent in the first quarter of 2017, with motorists now paying an average of £781 ($949), which is £110 ($134), or 16 percent, higher than average premiums paid in the same period...

Willis Towers Watson Launches Cyber Aviation Cover with AIG Collaboration

Apr 10 2017 // Willis Towers Watson has introduced CyFly, an insurance solution specifically tailored to cover cyber exposure affecting the airline industry.The recent Willis Towers Watson Industry Risk Index identified failure of...

April 1 Renewals Saw ‘Disciplined Softening’ with Ample Capacity: Aon & Willis Re

Apr 7 2017 // With abundant capacity, aggressive capital market competition and acceptable returns for global reinsurers, it’s no wonder that the elusive bottom of soft market pricing was not evident at the April 1 renewals.During...

Thunderstorms Just as Costly to Insurers as Hurricanes: Study

Mar 22 2017 // Risk to U.S. property from thunderstorms is as high as from hurricanes, according to new research finding that for the past decade, severe convective storms have been the largest annual aggregated risk peril to the U.S....

What’s Been Happening with Commercial Insurance Prices: Willis Towers Watson

Mar 13 2017 // Most commercial insurance prices in the U.S. were nearly flat during the fourth quarter of 2016, although prices continued to go up for commercial auto.The most recent Commercial Lines Insurance Pricing Survey (CLIPS) from...

Willis Towers Watson Launches New Edition of Pricing Software, Radar 3.0

Mar 8 2017 // Willis Towers Watson has launched Radar 3.0, the latest edition of its pricing software, which includes machine learning approaches for greater pricing sophistication.Building on the last major release of Radar in 2016,...

Effective Cybersecurity Strategy Rests on People, Not Just Technology

Mar 1 2017 // While many organizations continue to focus on the technology aspect of cyber defense, which is crucial, they often do so at the expense of people risks, which represent the largest source of data breach claims.New claims...

Willis Towers Watson Completes Purchase of French Aviation Broker, OAAGC

Mar 1 2017 // Willis Towers Watson has concluded its negotiations with OAAGC, the French aviation brokerage, and has now completed the acquisition of its team and book of business.Willis Towers Watson said the deal makes it the leading...

Willis Towers Watson Taps Qureshi to Lead Midwest Region

Feb 28 2017 // Willis Towers Watson has appointed Imran Qureshi to head the company’s U.S. Midwest region. In his new role, Qureshi will be responsible for managing and growing the company’s business and client relationships...

Willis Towers Watson Plans to Acquire French Aviation Broker, OAAGC

Feb 22 2017 // Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business.Paris-based OAAGC (Office d’Assurances Aériennes G. de Cugnac) was...

Nat Cats Cost Insurers $39.5B in 2016, Highest Level in 4 Years: Willis Re

Feb 10 2017 // Insured loss estimates from major natural catastrophes totaled US$39.5 billion during 2016, which is the highest level since 2012 when market losses totaled US$60 billion, according to a report published by Willis Re, the...

Willis Towers Watson Makes New Appointments in South Florida, Appoints Zutel to Lead

Jan 26 2017 // Willis Towers Watson has appointed Fred Zutel as head of Corporate Risk and Broking (CRB) in South Florida. The company also made four other hires, strengthening its presence in the South Florida market.Zutel worked with...

Willis Towers Watson Names Liss as Head of North America Corporate Risk and Brokerage

Jan 18 2017 // Global insurance broker Willis Towers Watson has appointed Mike Liss as head of its Corporate Risk and Broking (CRB) business in North America, effective immediately.Liss will be responsible for business growth and...

Reinsurers Can Expect Another Difficult Year, Seeking Price Stabilization: Willis Re

Jan 3 2017 // Despite a 50 percent increase in insured losses from natural catastrophes during 2016, the global reinsurance industry achieved profitable results for the third quarter and remains on track to close out another profitable...

People – Midwest

Dec 19 2016 // Gary J. Gruber has been promoted to president and chief operating officer of Great American Insurance Co., effective Jan. 1, 2017. Gruber will become the 17th president in Great American’s 145-year history, assuming...

D&O Prices Down, Auto Up in Q3; Other Commercial Lines Stable

Dec 19 2016 // Price decreases accelerated for directors and officers insurance in the 2016 third quarter, a period during which commercial insurance prices generally remained flat once again overall.The latest Willis Towers...

D&O Prices Down, Auto Up in Q3; Other Commercial Lines Stable

Dec 13 2016 // Price decreases accelerated for directors and officers insurance in the 2016 third quarter, a period during which commercial insurance prices generally remained flat once again overall.The latest Willis Towers...

Willis Towers Watson Adds Lawrence, Gunn in Midwest Region

Dec 2 2016 // Willis Towers Watson announced two key appointments in Midwest regional offices.Tom Lawrence has been appointed market leader for the Missouri/Kansas market, which includes key offices in Kansas City and St. Louis. He will...

Willis Re Appoints Kent as Global Deputy CEO

Nov 29 2016 // Willis Re, the reinsurance business of Willis Towers Watson, announced the promotion of James Kent – co-president of Willis Re and President of Willis Re North America – to the position of Global Deputy CEO, Willis Re,...