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Willis Towers Watson


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Octo Telematics to acquire Willis Towers Watson’s UBI assets; firms to partner on insurance-related products

October 12, 2017 by Canadian Underwriter

Octo Telematics and Willis Towers Watson (WTW) have reached an agreement in which the former will acquire the latter’s usage-based insurance (UBI) assets, setting the stage for the two companies to work together on more auto telematics opportunities. Leveraging Octo’s

News Mergers and AqcuisitionsTechnology

Insurers increasingly concerned about “silent cyber” exposure: Willis Re poll

September 12, 2017 by Canadian Underwriter

About half of polled insurance industry practitioners see the risk of “silent cyber” exposure – potential cyber-related losses due to silent coverage from insurance policies not specifically designed to cover cyber risk – as growing over the coming year, according

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U.S. commercial insurance prices remain nearly flat in the second quarter: Willis Towers Watson survey

September 11, 2017 by Canadian Underwriter

Commercial insurance prices in the United States were again nearly flat during the second quarter of 2017, global advisory, broking and solutions company Willis Towers Watson (WTW) reported on Monday. For the eight quarter in a row, price changes were

News Earnings / RatingsInsuranceMarkets / CoveragesMergers and AqcuisitionsReinsurance

Q2 commission, fee growth flat at Willis Towers Watson

August 4, 2017 by Canadian Underwriter

Willis Towers Watson plc reported Thursday its commissions and fees from corporate risk and broking were $624 million during the three months ending June 30, a slight drop from $627 million during the same period in 2016. “North America organic

News CatastrophesEarnings / RatingsInsuranceMarkets / CoveragesReinsurance

Record breaking US$6.3 billion of non-life property cat issuance in Q2 sees ILS reach “critical juncture:” Willis Towers Watson Securities

July 28, 2017 by Canadian Underwriter

Non-life insurance-linked securities (ILS) issuance reached a record breaking US$6.3 billion in Q2 2017, continuing the trend from the first quarter of the year, Willis Towers Watson Securities’ said in its latest ILS Market Update, released on Friday. ILS assets

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Cyber work diagnostic tool to help foster a cyber-savvy workforce by making people the focus: Willis Towers Watson

July 21, 2017 by Canadian Underwriter

Willis Towers Watson (WTW) has launched a new cyber work diagnostic tool designed to help bolster organizational readiness by focusing on talent management, emerging skills and roles, and defining the requirements of cyber work. The idea is to combat an

News AppointmentsInsuranceReinsurance

James Kent appointed to lead Willis Re as John Cavanagh announces retirement

July 7, 2017 by Canadian Underwriter

Willis Re, the reinsurance business of global advisory, broking and solutions company Willis Towers Watson (WTW), has announced that James Kent will succeed John Cavanagh as he steps down from his position as global CEO. Cavanagh will retire from WTW

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Global acquirers underperformed in the second quarter: Willis Towers Watson

June 23, 2017 by Canadian Underwriter

The global mergers and acquisitions (M&A) market underperformed in the second quarter of 2017, as Europe M&A bucked the trend and market volatility and economic uncertainty depressed performance in North America and Asia, according to Willis Towers Watson’s (WTW) latest

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Commercial insurance prices in the U.S. increased by less than 1% for sixth straight quarter: Willis Towers Watson

June 12, 2017 by Canadian Underwriter

Commercial insurance prices in the United States were nearly flat during the first quarter of 2017, according to the last Commercial Lines Insurance Pricing Survey (CLIPS) from Willis Towers Watson (WTW). The survey, released on Monday, compared prices charged on

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U.S. consumers embracing connected cars and usage-based auto insurance: Willis Towers Watson survey

June 7, 2017 by Canadian Underwriter

More than half (55%) of drivers in the United States who participated in a usage-based insurance (UBI) survey from Willis Towers Watson (WTW) have reported that they are “likely to buy a new or pre-owned vehicle equipped with new technology

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73% of U.S. businesses believe their organizations are highly protected from cyber threats, but “low cyber IQ” remains: Willis Towers Watson

June 6, 2017 by Canadian Underwriter

Nearly three-quarters (73%) of businesses in the United States believe that their organizations are highly protected from attempts by outsiders to gain access to their systems and data, but “low cyber IQ” among employees poses a threat, according to a

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Willis Towers Watson and Roost to establish home telematics consortium of 5-10 U.S. carriers

May 31, 2017 by Canadian Underwriter

Willis Towers Watson (WTW) announced on Wednesday that it has entered into an agreement with Roost, an innovator in smart home technology, to establish a “home telematics consortium” of five to 10 insurance carriers. WTW, the global advisory, broking and