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Willis launches AdWrap, a comprehensive insurance solution for marketing and advertising production in the U.S.
GlobeNewswire· 2025-03-26 12:00
NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- Willis, a WTW business, has announced that it is now offering AdWrap, a master-controlled insurance program designed to meet the production insurance needs of businesses and their contracted vendors. This innovative program provides a cost-effective and transparent approach for businesses creating marketing, advertising, and promotional content in the U.S. AdWrap simplifies production insurance for in-house teams, third-party vendors, and social media influencers ...
Willis accelerates investment in data and analytics with appointment of Global Data Strategy Leader and Global Digital Platforms Leader
GlobeNewswire· 2025-03-20 13:59
Group 1 - Willis has appointed Kate Harb as Global Data Strategy Leader and Dermot Sargent as Global Digital Platforms Leader to enhance its data-driven strategy and digitization efforts [1][2] - Harb will focus on data acquisition, optimization, and Generative AI capabilities, while Sargent will oversee the development of digital infrastructure, including the Broking Platform rollout [2][3] - Lucy Clarke, President of Global Risk and Broking, emphasized that these appointments will improve client service through better data analytics and structured data capture [3] Group 2 - Kate Harb has over 20 years of experience at WTW, previously holding roles such as Chief of Staff for Risk & Broking and Director of Strategy for Global Construction [3][4] - Dermot Sargent brings 30 years of market experience, having previously served as Chief Broking Officer at Aon and holding senior roles at Marsh [4] - WTW operates in 140 countries, providing data-driven solutions in people, risk, and capital to enhance organizational resilience and performance [5]
Health and safety remains top concern for directors and officers worldwide, according to Willis
GlobeNewswire· 2025-03-20 09:30
LONDON, March 20, 2025 (GLOBE NEWSWIRE) -- 80% of directors and officers consider health and safety risks to be very important or extremely important to their organisation, according to the latest Directors and Officers Liability Insurance Survey by Willis, a WTW business, (NASDAQ:WTW), in collaboration with Clyde & Co. Physical workplace risks were deemed the most important by 43% of respondents, followed by employee mental health and wellbeing consequences stemming from work (28%) and from personal matter ...
WTW appoints Massimo Cavadini as Head of Product, Pricing, Claims and Underwriting for Continental Europe
GlobeNewswire· 2025-03-13 10:03
Expansion of consulting and software solutions for insurersLONDON, March 13, 2025 (GLOBE NEWSWIRE) -- WTW, (NASDAQ:WTW) has appointed Massimo Cavadini as Head of Product, Pricing, Claims and Underwriting for Continental Europe. This newly created position further strengthens WTW’s strategy of broadening and deepening its market leading role in insurance analytics. Insurers are experiencing a new wave of data-driven decision making that is transforming the industry, from AI in claims and underwriting to grea ...
Natural resources industry committed to clean energy strategies despite growing investment in fossil fuels
GlobeNewswire· 2025-03-12 14:20
Willis publishes results from their 2025 Global Clean Energy SurveyLONDON, March 12, 2025 (GLOBE NEWSWIRE) -- Average spend across the natural resources industry on clean energy technologies is expected to increase by over a third in the next financial year, according to the latest global Clean Energy Survey released by Willis, a WTW business, (NASDAQ: WTW). Against the backdrop of increased fossil fuel investment in the short and medium term, natural resources businesses have ambitious long-term investment ...
U.S. commercial insurance rates continue to rise, moderating to 5.6% increase
GlobeNewswire· 2025-03-10 12:00
Commercial Lines Insurance Pricing Survey: Q4 2024NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- U.S. commercial insurance rates showed a continued upward trend with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW's Commercial Lines Insurance Pricing Survey (CLIPS). The survey compares premiums for policies underwritten during the fourth quarter of 2024 to those for the same coverage in the respective quarter of 2023, providing a year-over-year perspective. Carrier ...
Why Is Willis Towers Watson (WTW) Up 4.3% Since Last Earnings Report?
ZACKS· 2025-03-06 17:35
A month has gone by since the last earnings report for Willis Towers Watson (WTW) . Shares have added about 4.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Willis Towers Watson due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Willis Towers Q4 Earnings Surpass Es ...
WTW appoints Paul Reilly as Non-Executive Chair of the Board
Newsfilter· 2025-03-03 13:30
NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ:WTW), a leading global advisory, broking and solutions company, today announced that its Board of Directors has appointed Paul Reilly to succeed Paul Thomas as Non-Executive Chair of the Board following WTW's 2025 Annual General Meeting (AGM) to be held in May 2025. Thomas has notified the Board that he intends to retire from the Board and will not stand for re-election at the 2025 AGM. Thomas has served as the Non-Executive Chair of the WTW Board sin ...
WTW appoints Paul Reilly as Non-Executive Chair of the Board 
GlobeNewswire· 2025-03-03 13:30
NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced that its Board of Directors has appointed Paul Reilly to succeed Paul Thomas as Non-Executive Chair of the Board following WTW’s 2025 Annual General Meeting (AGM) to be held in May 2025. Thomas has notified the Board that he intends to retire from the Board and will not stand for re-election at the 2025 AGM. Thomas has served as the Non-Executive Chair of the WTW Board si ...
Threats, political repatriations and kidnap dominate the crisis management landscape, according to Willis
GlobeNewswire· 2025-02-27 10:12
Group 1: Crisis Management Insights - 26% of incidents reported to Alert:24 were related to threats against individuals or client assets, with emergency political repatriations and kidnaps for ransom each accounting for 21% [1] - The report indicates a 21% reduction in client incident notifications in 2024 compared to the previous year, reflecting a sustained level of conflict and catastrophes in 2023 [6] - Africa accounted for 27% of total incidents reported, with Latin America increasing its share from 13% to 24%, particularly driven by incidents in Haiti [6] Group 2: Political and Social Trends - In 2024, nearly 80% of incumbents in leading democracies lost vote share, driven by poor economic performance and high inflation concerns [2] - Rising populism and socio-economic tensions are expected to drive continued violence and unrest in Europe, with terrorism threats remaining a significant concern [3] - The US faces potential civil unrest and political violence amid growing social tensions, while Asia-Pacific sees a rise in active assailant incidents [4] Group 3: Risk Management Strategies - Companies that effectively assess and manage political instability are likely to navigate the volatile risk environment more successfully [5] - The combination of relevant insights, risk identification, and proactive crisis management is crucial for organizations to ensure stability and resilience [5] - The ongoing threat of lone-wolf terrorism and organized crime in regions like Latin America highlights the need for robust risk mitigation strategies [6]