Willis Towers Watson
WTW adds Diana Fox Carney to Climate Resilience Hub
Willis Towers Watson has appointed Diana Fox Carney as a strategic adviser in its Climate Resilience Hub.
Motor insurance sees biggest drop for seven years; Apollo gets new investment; Axa sets aside €1.5bn to fight deforestation; Nexus refinances; and Radius acquires Milestone
Post wraps up the major insurance deals, launches and investments of the week
Insurer cyber capacity continues to dwindle as demand grows, say brokers
Interest in cyber insurance among large businesses continues to grow, but cover may prove more difficult to come by as insurers limit capacity and reinsurers put their foot down.
CMA launches merger inquiry into Gallagher-Willis Re deal
The Competition and Markets Authority has opened a merger inquiry into Arthur J Gallagher buying Willis Towers Watson’s treaty reinsurance business looking at whether the proposed deal will lead to a lessening of competition in the UK market.
Pullum to oversee GB for WTW as Aubert exits
Anne Pullum, Willis Towers Watson head of Europe, is set to lead the broker’s Great Britain business after head of GB and Willis Limited CEO Nicolas Aubert steps down after today.
Admiral, Covea and Hastings back Drive Score launch; Abacai teams up with Ticker; Bollington to rebrand under Gallagher; Aviva extends Founders Factory tie-up; and Cover Genius seals Series C raise
Post wraps up the major insurance deals, launches and investments of the week.
Analysis: Willis Towers Watson's retention and recruitment challenge
The cancellation of Aon and Willis Towers Watson's mega merger poses a talent challenge for the world's third largest broker.
Dive In Festival: Companies must act to prevent unconscious generational bias, says WTW's Roy
Companies must act to ensure sweeping generational stereotypes are not unconsciously acted upon in the workplace, Willis Towers Watson’s UK chief operating officer Kate Roy has said.
Graham Wright heads to Saga from WTW in pricing director role
Graham Wright has been named Saga Insurance pricing director, joining from Willis Towers Watson.
David Williams to leave Axa
David Williams, managing director of underwriting and technical services, is leaving Axa Insurance after 41 years with the provider.
Aviva and LV join Ebay green parts push; Davies buys Asta; Marshmallow becomes latest UK insurtech unicorn; and Covea backs new pet insurance alternative Animor
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Former Brightside and Axa boss Brendan McCafferty joins NPA Insurance as NED
Brendan McCafferty has joined the board of NPA Insurance and Peach Pi as a non-executive director.
All Clear acquires Insure & Go; Liberty supports WTW sustainability accreditation; PIB buys again; Zurich enters UK PMI market
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Editor’s comment: The death of the mega deal?
If not for Covid-19 then the biggest story for the insurance industry of 2020 would have been the $30bn (£21.9bn) mega merger of broking giants Aon and Willis Towers Watson.
Willis Towers Watson revamps global management structure after collapsed Aon deal
Willis Towers Watson has set out a three geographies and two segments approach as it restructured its global leadership team in the wake of the aborted merger with Aon.
WH Smith to launch ‘digital first’ insurance lines; WTW lines up first acquisition after Aon merger collapse; Converys Europe strikes fourth deal and Higos buys in Cornwall
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Marsh and Citi support vaccine efforts; Hudson takes majority Occam stake; Simply Business in Barclays tie up; Aston Lark strikes Irish deal; RAC picks Premium Credit
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Carl Hess to succeed John Haley as WTW CEO
Willis Towers Watson has named Carl Hess as president and CEO with John Haley set to retire at the turn of the year.
Willis Re buy a growth not a synergy story, say Gallagher chiefs
The up to $4bn (£2.9bn) purchase of Willis Re will be a manageable integration costing $250m over three years, according to the leaders of Gallagher.
Intelligence: The future of construction insurance
Between geopolitics, a health crisis, climate change and rising costs, it’s clear the construction industry is operating within an uncertain environment at the moment. Could evergreen policies be the answer?
Gallagher to buy Willis Re for up to $4bn
Gallagher has agreed to pay up to $4bn (£2.9bn) for Willis Re's treaty reinsurance brokerage operations, reviving the deal that was called off when Aon’s takeover of Willis Towers Watson collapsed.
Questgates continues acquisition spree; Dual to buy Align Financial; Right Choice bags Moorhouse; Admiral, Ageas, Allianz, Aviva and Zurich report UK results
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Analysis: Inside two years of insurance data breach reports
Exclusive: Insurers, brokers and other firms within the industry have made 315 data breach reports over two years, with many of the best known businesses in UK insurance among those to notify and cyber a growing concern.
Willis Re 'only business' WTW exploring strategic alternatives for: Haley
Willis Towers Watson is exploring "strategic alternatives" for Willis Re but not other parts of the business, CEO John Haley said on Tuesday.