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Willis Towers Watson

News BrokersInsuranceMergers and Aqcuisitions

This blockbuster global brokerage merger goes to vote Aug. 26

August 24, 2020 by Greg Meckbach

The industry will be closer to finding out whether the second and third-biggest global P&C brokerages will merge after shareholders of both Willis Towers Watson plc and Aon plc vote on Wednesday. Aon and Willis announced this past March that

News BrokersMergers and Aqcuisitions

How Aon and Willis are progressing on proposed merger

August 4, 2020 by Greg Meckbach

The acquisition of Willis Towers Watson plc by Aon plc is on track to close in less than a year as Aon officials don’t seem concerned the deal will be blocked by competition regulators. “We are exactly on track with

Feature BrokersMergers and Aqcuisitions

Ripple effects

May 7, 2020 Jason Contant, Online Editor

How will the deal between Aon and Willis Towers Watson affect brokers in Canada?

News BrokersCommercial LinesInsurance

Aon plc to buy Willis Towers Watson

March 9, 2020 by Jason Contant

Global brokerage Aon plc announced Monday it intends to acquire Willis Towers Watson for reportedly nearly $30 billion in an all-stock transaction. “This combination will create a more innovative platform capable of delivering better outcomes for all stakeholders, including clients, colleagues, partners

News BrokersInsuranceMergers and Aqcuisitions

Why brokerage M&A in Canada will slow down in 2020

January 24, 2020 by Jason Contant

Looking at the number of brokerage acquisitions already in January, you wouldn’t think merger and acquisition (M&A) activity is slowing down. But earlier this month, Willis Towers Watson reported that the global M&A market, with performance in steady decline since

News Commercial LinesInsurance

Commercial lines that will see the greatest rate increases in 2020

November 16, 2019 by Jason Contant

Commercial property, umbrella, and public company directors and officers (D&O) lines are expected to see the most widespread rate hikes of 20% and higher, in addition to capacity withdrawals, according to Willis Towers Watson’s Insurance Marketplace Realities 2020 report. The

News InsuranceTechnology

How much investors have sunk into insurtech

October 25, 2019 by Greg Meckbach

Insurtechs like one Canadian startup in particular are letting brokers provide better service, but the sector as a whole contains some money pits for investors, Willis Towers Watson suggested in a report released Wednesday. “Unquestionably a good number of InsurTechs

News InsuranceMergers and AqcuisitionsTechnology

5 lessons for M&A newbies, courtesy of serial acquirers

October 10, 2019 by Jason Contant

What are some of the best practices in mergers and acquisitions (M&A)? David Hunt, senior director of mergers and acquisitions at Willis Towers Watson, said in a recent blog that newcomers can learn from the best serial acquirers. While not

News InsuranceProfessional DevelopmentTechnology

Will work automation result in job losses in Canada?

April 19, 2018 by Jason Contant

A new survey from Willis Towers Watson (WTW) has found that half of Canadian employers believe that work automation will result in job losses, a finding echoed recently by a Canadian property and casualty insurance executive. In November 2017, RSA

News InsuranceMergers and Aqcuisitions

Why the Canadian broker channel is seeing more consolidation

April 9, 2018 by Jason Contant

Canada is seeing a lot more consolidation in the broker channel as some manufacturers seek to guarantee delivery of their product, an analyst told Canadian Underwriter Monday. “In the Canadian landscape, the broker channel is important to all of the

News Professional Development

Speak the language of senior execs, risk managers advised

March 6, 2018 by Greg Meckbach

Successful risk managers know how to speak the language of senior executives, which is much different than the language of their peers, say two presenters scheduled to speak at next month’s RIMS conference in San Antonio. “Risk managers, when they

News InsuranceMarkets / CoveragesTechnology

These simple questions can defuse your client’s resistance to cyber

February 26, 2018 by Jason Contant

Clients’ arguments against purchasing cyber insurance can often easily be defused, delegates attending NetDiligence’s Cyber Risk Summit heard Friday. Lindsey Nelson, international cyber team leader with CFC Underwriting, said she is often surprised when she hears companies saying they don’t