Latest Willis Towers Watson Stories
Tech Update: WTW Unveils Machine-Led Solution to Enhance Insurance Reserving
Nov 8 2024 // Insurance broker WTW announced the launch of ResQ Machine-led Reserving, which WTW describes as a game-changing technology for insurers and reinsurers to enhance accuracy and efficiency in property/casualty reserving.ResQ...
WTW Launches Insurance Brokerage Service in Japan
Oct 29 2024 // WTW announced the expansion of its Corporate Risk & Broking (CRB) business in Japan with the launch of an insurance brokerage service.The new service will offer insurance solutions to commercial clients, as well as...
People Moves: Price Forbes Bermuda Promotes Kelley to CEO; WTW Gets Saudi Arabian License, Names Chubb’s Bahafi as Head of Insurance Broking
Oct 28 2024 // This edition of Interational People Moves details appointments at the brokers Price Forbes and WTW.A summary of these new hires follows here. Price Forbes Bermuda Promotes Kelley to CEOPrice Forbes Bermuda announced the...
Commercial Property Rate Stabilization Highlights Latest WTW CLIPS
Oct 7 2024 // Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% during the second quarter of 2024.Quarterly price increases have been around 6% since the end of the global pandemic, WTW reported in...
WTW to Sell Direct-to-Consumer Sales Unit Tranzact for $632 Million
Oct 1 2024 // Global insurance broker WTW has agreed to sell its direct-to-consumer insurance distribution business, Tranzact, to the private equity firm GTCR and Recognize, a technology services investment platform, for $632.4...
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