reports
WTW appoints Alex deLaricheliere to strategic leadership role within F...
WTW appoints Alex deLaricheliere to strategic leadership role within Financial Institutions and Professional Services (FIPS) NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Alex deLaricheliere as Strategy and Execution Leader and Banking Subvertical Leader within the Financial Institutions and Professional Services (FIPS) industry division of Corporate Risk and Broking, North America (CRB NA). Financial Institutions and Professional Services firms have no shortage of opportunitie...
WTW and Riskonnect join forces to launch a new Risk Diagnostic Tool
WTW and Riskonnect join forces to launch a new Risk Diagnostic Tool LONDON, April 29, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced a partnership with Riskonnect to pilot an innovative analytical delivery tool which connects claims and exposure data through its new WTW Risk IQ API (application programming interface). The collaboration between Riskonnect and WTW offers clients of both organizations the opportunity to better evaluate their claims data to identify, assess and quantify inefficiencies as well as reduce e...
WTW Reports First Quarter 2024 Earnings
WTW Reports First Quarter 2024 Earnings Revenue1 increased 4% to $2.3 billion for the quarter with organic growth of 5% for the quarterDiluted Earnings per Share were $1.83 for the quarter, down 3% over prior yearAdjusted Diluted Earnings per Share were $3.29 for the quarter, up 16% from prior yearOperating Margin was 12.0% for the quarter, down 70 basis points from prior yearAdjusted Operating Margin was 20.6% for the quarter, up 200 basis points from prior year LONDON, April 25, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW) (the “Company”), a leading global advisory, broking and solutio...
WTW appoints Lombardo Chair of the Real Estate, Hospitality, and Leisu...
WTW appoints Lombardo Chair of the Real Estate, Hospitality, and Leisure (REHL) Division, CRB NA NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Danielle Lombardo as Chair, Real Estate, Hospitality, and Leisure (REHL) division, Corporate Risk and Broking (CRB) North America, WTW. Lombardo has more than fifteen years of experience in the insurance industry focused exclusively on real estate. In that time, she has honed her experience as an innovator who challenges the status quo...
Verita launches new Pandemic Protection Package Policy
Verita launches new Pandemic Protection Package Policy NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Verita (Verita CSG, Inc.), a Managing General Underwriting (MGU) company, today announced the introduction of an innovative product focused on addressing the exposures associated with pandemics. The new Pandemic Protection Policy will help protect businesses against the next pandemic outbreak in the USA, in addition to providing coverage for planned and reactive actions required by the outbreak, including delivery of expert health consultation along with a revenue buffer to maintain coverag...
Companies enhancing M&A retention strategies, WTW survey finds
Companies enhancing M&A retention strategies, WTW survey finds NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- A majority of companies (72%) either track or set aside fixed retention payments to encourage employees to remain at the company during or after an acquisition is completed, according to a survey by leading global advisory, broking and solutions company WTW (NASDAQ: WTW). C-suite executives and their direct reports are more likely to be offered retention agreements than other salaried employees. “Shoring up key executives and employees is important to a successful merger or acqui...
WTW announces appointment of Nick Dussuyer as Head of France and Head ...
WTW announces appointment of Nick Dussuyer as Head of France and Head of Corporate Risk & Broking France PARIS, April 16, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Nick Dussuyer as Head of France and Head of Corporate Risk & Broking (CRB) France. Florence Tondu-Melique has left WTW. In addition, Jean Christophe Lapeyre is appointed Head of Specialty & Broking, CRB France and Edouard de Domecy as Head of Regions, CRB France. Anne Pullum, WTW Head of Europe and Head of CRB Europe, commented, “I...
Energy market conditions creating “story of two halves” with widening ...
Energy market conditions creating “story of two halves” with widening desirability gulf, according to latest WTW Energy Market Review LONDON, April 16, 2024 (GLOBE NEWSWIRE) -- The energy insurance market has provided some much-needed stability amidst a period of turbulent geopolitics and economic instability. While power dynamics sway decisively in favour of buyers, a deeper examination reveals a stark divide with the emergence of a widening desirability gulf, according to the published today by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company. Deeper ins...
Verita announces claims leadership team
Verita announces claims leadership team NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Verita (Verita CSG, Inc.), a Managing General Underwriting (MGU) company, is excited to introduce its claims leadership team with the appointments of William (Bill) Barry and Chris Adolph. Barry will be serving as Chief Claim Manager and Adolph will serve as Head of Property Claims. Both Barry and Adolph have expressed their excitement about joining Verita and are eager to leverage their knowledge and expertise to build out an industry leading claims operation. Bringing more than 30 years of experience, ...
WTW announces appointment of Sean Plankey as Global Leader Cybersecuri...
WTW announces appointment of Sean Plankey as Global Leader Cybersecurity Software Leading expert to launch new range of cybersecurity software LONDON, April 08, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Sean Plankey as Global Leader Cybersecurity Software. In this new role, Plankey, a leading cybersecurity expert, will spearhead the commercialization of WTW's innovative cybersecurity software. Commenting on Plankey's appointment, WTW CEO, Carl Hess, said, "Innovation and technology are centr...
WTW to Announce First Quarter Earnings on April 25, 2024
WTW to Announce First Quarter Earnings on April 25, 2024 LONDON, April 05, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, will announce its financial results for the first quarter on Thursday, April 25, 2024 before the market opens. The company will host a conference call to discuss its financial results at 9:00 a.m. Eastern Time on April 25, 2024. A live broadcast of the conference call will be available on WTW’s website . The conference call will include a question-and-answer session. To participate in the question-and-answer sessi...
Global M&A endures headwinds with pickup in first-quarter deal closure...
Global M&A endures headwinds with pickup in first-quarter deal closures NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Global mergers and acquisitions (M&A) achieved a modest rise in completed deals in the first quarter of 2024 compared with the same period last year, according to research from leading global advisory, broking and solutions company WTW’s (NASDAQ: WTW) Quarterly Deal Performance Monitor (QDPM). Run in partnership with the M&A Research Centre at Bayes Business School, part of City, University of London, the data reveal that 166 deals valued over $100 million were completed g...
Health and safety emerges as top risk facing global directors accordin...
Health and safety emerges as top risk facing global directors according to WTW’s and Clyde & Co’s latest survey Global Directors’ & Officers’ Survey Report shows health and safety overtaking cyber as the top risk concerning global directors and officers LONDON, March 20, 2024 (GLOBE NEWSWIRE) -- Health & safety emerges as the top risk for directors and officers according to the 2024 Global Directors’ and Officers’ Survey Report from WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, and Clyde & Co, a leading global law firm. The survey report identifies and a...
WTW announces USAID funding for transformative climate finance solutio...
WTW announces USAID funding for transformative climate finance solution to scale up adaptation investment in vulnerable countries WTW to develop a breakthrough ‘Resilience Wrapper’ pilot facility that will protect and de-risk loans to private enterprises from key climate risks LONDON, March 18, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced that it will receive funding from the U.S. Agency for International Development (USAID) to develop a climate-resilient insurance solution that aims to unlock climate adaptation i...
Hard market softening for construction sector, but inflation pressures...
Hard market softening for construction sector, but inflation pressures still loom over insurance industry LONDON, March 14, 2024 (GLOBE NEWSWIRE) -- 2024 marks a period of greater optimism for the construction sector, as it moves away from the hard market cycle that’s been in effect for many years, with global infrastructure construction output set to grow at an annual average rate of 5.2% from 2024 to 2027. However inflation and interest rate uncertainty is still impacting the insurance industry as a whole, after another record year of catastrophic events in 2023. That’s according to the...
Optimism despite disruptive forces in retail sector: WTW’s Global Reta...
Optimism despite disruptive forces in retail sector: WTW’s Global Retail Survey LONDON, March 07, 2024 (GLOBE NEWSWIRE) -- Retailers are optimistic about their prospects and the future of physical stores. But they face growing risks in a highly challenging and complex market, driven by disruptive forces such as social commerce, artificial intelligence (AI) and the metaverse, according to WTW’s . WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, surveyed 700 senior decision makers in food and supermarkets, luxury and fashion, department stores, health and beaut...
WTW deepens talent with addition of three strategic hires, CRB NA
WTW deepens talent with addition of three strategic hires, CRB NA NEW YORK, March 04, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of three strategic new leaders within the Private Equity and Transactional Solutions team. The new roles include Daniel Kesack as Director of Contingent Solutions, Shirley Chin as Head of Tax Insurance, and Steven Kolos as Director of Transactional Solutions. The addition of Daniel Kesack deepens WTW’s contingent risk practice, bringing technical intellectual property ex...
Verita Announces Two Strategic Hires
Verita Announces Two Strategic Hires The growing MGU expands its team with the addition of leading talent NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Verita (Verita CSG, Inc.), a visionary Managing General Underwriting (MGU) company, announced today that Victor Sordillo and Glen O’Connor have joined the organization. Sordillo will be serving as Director of Risk Advisory Services, with O’Connor serving as Deputy Director of Risk Advisory Services. Sordillo brings more than 40 years of industry experience, providing risk engineering services to residential, commercial, and industrial ac...
WTW Prices Offering of $750,000,000 of Senior Notes
WTW Prices Offering of $750,000,000 of Senior Notes LONDON, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Willis Towers Watson Public Limited Company (NASDAQ: WTW) (the “Company” or “WTW”), a leading global advisory, broking and solutions company, today announced the pricing of a registered offering (the “Offering”) by Willis North America Inc. (“Willis North America”), an indirect wholly-owned subsidiary of the Company, of $750,000,000 aggregate principal amount of 5.900% senior unsecured notes due 2054 (the “notes”). Payment of principal and interest on the notes will be fully and unconditionally g...
WTW Announces Regular Quarterly Dividend
WTW Announces Regular Quarterly Dividend LONDON, Feb. 27, 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 December 31, 2023. The dividend is payable on or about April 15, 2024 to shareholders of record at the close of business on March 31, 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 expert...
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