reports
WTW announces Jon Oppenheim as new Construction leader in CRB North Am...
WTW announces Jon Oppenheim as new Construction leader in CRB North America NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced that Jon Oppenheim will now serve as the Head of Construction, Corporate Risk and Broking (CRB), North America. With WTW’s Industry Vertical Division (IVD) approach to bring market-leading construction industry expertise to clients, Oppenheim brings more than twenty years of relevant experience navigating the trends and evolving risk profiles facing clients in the construction i...
U.S. commercial insurance rates maintain predictable trend; highlighte...
U.S. commercial insurance rates maintain predictable trend; highlighted by aggregate rise of 6.3% for Q1’2024 NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- According to WTW, a leading global advisory, broking and solutions company, U.S. commercial insurance prices have maintained a steady trend with respect to consistent, routine, price increases. Based upon the company’s Commercial Lines Insurance Pricing Survey (CLIPS) for the first quarter of 2024, quarterly price increases of approximately 6% have remained steady since the global pandemic. The survey compares insurance prices on policie...
Brown & Brown Inc: 1 director
A director at Brown & Brown Inc sold 3,350 shares at 89.920USD and the significance rating of the trade was 51/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...
Brown & Brown, Inc. acquires the assets of McNamara Company
Brown & Brown, Inc. acquires the assets of McNamara Company DAYTONA BEACH, Fla., June 07, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Patrick and Aleshia McNamara, principals of McNamara Company, today announced that Brown & Brown has acquired the assets of McNamara Company. McNamara Company is a family-owned agency that has been servicing customers in all 50 states for four generations. Established in 1970 in Minnesota, McNamara Company provides a full-service suite of insurance solutions for businesses, families and individ...
WTW and Guidewire partner to boost insurance pricing and underwriting ...
WTW and Guidewire partner to boost insurance pricing and underwriting performance NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, has announced a new collaboration with Guidewire (NYSE: GWRE). This partnership will allow carriers to rapidly integrate WTW and Guidewire’s cloud platform enhancing the sophistication and speed-to-market of pricing, rating, and underwriting. Customers' demand for more innovative insurance solutions has increased significantly in recent years. This trend is driven by an expanding appet...
Moody’s Ratings rates Brown & Brown’s new senior unsecured notes Baa3
New York , June 4, 2024 – Moody's Ratings (Moody's) has assigned a Baa3 rating to $600 million 10-year senior unsecured notes being issued by Brown & Brown, Inc. (Brown & Brown, NYSE: BRO: Baa3 senior unsecured). The company intends to use net proceeds of the offering to redeem the 4.2% senior notes...
Moody’s Ratings affirms Brown & Brown’s ratings (senior unsecured debt...
New York , June 3, 2024 - Moody's Ratings (Moody's) has affirmed the Baa3 senior unsecured debt ratings and (P)Baa3 senior shelf rating of Brown & Brown, Inc. (Brown & Brown, NYSE: BRO). Moody's has changed the company's rating outlook to positive from stable reflecting the company's growing presenc...
The grass isn’t greener for U.S. employees as majority prefer to stay ...
The grass isn’t greener for U.S. employees as majority prefer to stay in their current jobs Benefits are as important as ever when it comes to attraction and retention NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Amid a cost-of-living crisis, high inflation and global political unrest, U.S. employees are turning to their employers for a sense of security. A new survey by leading global advisory, broking and solutions company WTW (NASDAQ: WTW) found a majority (72%) of employees are choosing to stay with their employers, ending a period of intense job turnover and attraction and retention...
WTW ushers in next generation of climate risk technology with launch o...
WTW ushers in next generation of climate risk technology with launch of Climate Quantified™ LONDON, June 03, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today unveiled ground-breaking technology capable of quantifying the financial impact of climate change with an unprecedented level of precision. Climate Quantified™ offers ‘anywhere, anytime’ access, transparently assessing how and when physical and transition risks impact a company’s operations and assets, through to their revenue and enterprise value. The Software as a Serv...
The insurance industry has big ambitions for analytics but struggles t...
The insurance industry has big ambitions for analytics but struggles to realize benefits as progress stalls WTW’s latest P&C Insurance Advanced Analytics Survey shows AI adoption accelerating, but technology challenges threaten real progress. ARLINGTON, Va., May 29, 2024 (GLOBE NEWSWIRE) -- According to a new survey result from WTW (Willis Towers Watson, NASDAQ: WTW), a leading global advisory, broking and solutions company, companies reveal slower than expected progress in their efforts to implement advanced analytics. Despite the scale of investment made by North American property and...
Verita launches new deductible buy-back policy
Verita launches new deductible buy-back policy NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- Verita CSG, Inc. (Verita), a visionary Managing General Underwriting (MGU) company, today announced the introduction of an innovative new product providing insureds with the ability to purchase a Deductible Buy-Back policy. This new policy aims to protect insureds from unexpected expenses by providing coverage for wind, hail and named storm deductibles imposed by their All Risk Property Insurance program. This policy can also help mitigate the instances whereby a bank or lender requirement is imposed...
Leadership, benefits, and technology risks top of mind for risk and HR...
NEW YORK--(BUSINESS WIRE)-- and , businesses of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, released today their . Based on responses from more than 1,000 risk and HR professionals nationwide, the survey revealed that ineffective leadership is viewed as the biggest people risk facing organizations today, followed by improper rewards decision making, and increasing health and benefit costs. Risk managers also identified a lack of cybersecurity knowledge and mismanagement of AI as key people threats in 2024. “The brea...
WTW Announces Regular Quarterly Dividend
WTW Announces Regular Quarterly Dividend LONDON, May 22, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, announced that its Board of Directors approved a regular quarterly cash dividend of $0.88 per common share for the quarter ended March 31, 2024. The dividend is payable on or about July 15, 2024 to shareholders of record at the close of business on June 30, 2024. About WTW At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expe...
Arthur J. Gallagher & Co: 3 directors
Three Directors at Arthur J. Gallagher & Co sold after exercising options/sold 32,871 shares at between 254.000USD and 257.040USD. The significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trad...
WTW expands strategic client team with two key hires for the F1000 seg...
WTW expands strategic client team with two key hires for the F1000 segment NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Chad Wright and Conor McLaughlin to the Strategic Client Engagement Leadership (SCEL) team. Within Corporate Risk and Broking in North America (CRB NA), Wright will serve as a Strategic Client Engagement Leader, and McLaughlin as a Global Client Advocate, both focused on the Fortune 1000 industry segment, allowing the SCEL team to anticipate emerging client risk...
Public Entities of America, LLC joins Apex Insurance Agency, LLC, part...
Public Entities of America, LLC joins Apex Insurance Agency, LLC, part of Bridge Specialty Group, LLC DAYTONA BEACH, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- Bridge Specialty Group, LLC (“Bridge Specialty”) is very pleased to welcome Public Entities of America, LLC (“PEA”) to its team of niche-focused, wholesale entities. PEA is a leading brokerage agency working exclusively in the public sector and risk management marketplace. PEA teammates will join the team at Apex Insurance Agency, LLC (“Apex”) and work alongside leaders Michelle Hill, Apex vice president, and Karl Snearer, Apex ...
Marsh McLennan stockholders re-elect Board of Directors during 2024 me...
NEW YORK--(BUSINESS WIRE)-- Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy, and people, today announced the results of its 2024 Annual Meeting of Stockholders. Stockholders elected the entire slate of 2024 director nominees for a one-year term expiring at next year’s annual meeting. The 11 directors are: Anthony K. Anderson, John Q. Doyle, Oscar Fanjul, H. Edward Hanway, Judith Hartmann, Deborah C. Hopkins, Tamara Ingram, Jane H. Lute, Steven A. Mills, Morton O. Schapiro and Lloyd M. Yates. Ray G. Young and Bruce P. Nolop did not sta...
Market improves as premiums begin to stabilize in the Commercial Insur...
Market improves as premiums begin to stabilize in the Commercial Insurance Marketplace NEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- According to the latest Insurance Marketplace Realities report from WTW (Willis Towers Watson, NASDAQ: WTW), a leading global advisory, broking and solutions company, premiums and rates have begun to stabilize across most industries and coverage areas in North America. Carriers have developed a comfort in quoting more client risk programs than they did a year ago, contributing to stability throughout the market. From a macro perspective, ample capacity is avai...
WTW announces market first facility for cargo and war-on-land risks in...
WTW announces market first facility for cargo and war-on-land risks in Ukraine Market first facility offers much needed certainty to Ukrainian and foreign enterprises moving goods and products within the borders of Ukraine LONDON, May 13, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company today announced a partnership with Ukrainian insurer, VUSO, to provide a London market backed facility covering cargo and, crucially, war-on-land risks. This market first, an exclusive facility which provides prearranged war insurance capacity, offers ...
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