Willis Towers Watson
Claims: Providing a personal service
Brokers need to stand out in a competitive market and claims service is a way to make a real difference. Being there to advise, intervene – and to turn the heat up if necessary – can mean the world to a grateful client.
Aubert reappointed as London Market Group chair
The London Market Group has re-appointed Willis Towers Watson GB head Nicolas Aubert as its chair.
Willis Towers Watson appoints head of broking
Willis Towers Watson has appointed Clyde Bernstein as the head of broking, for its corporate risk and broking division.
FCA aviation probe to centre on sharing of sensitive data
A misconduct probe into the aviation broking sector will centre on whether firms have been sharing competitively sensitive information.
Insurance M&As expected to focus on insurtech
The days of mega-mergers in the insurance industry may be behind us as consolidation activity has dropped significantly from the peaks of 2014 and 2015. The sector is contemplating this change of gear and steadying itself in the face of waves of global…
Motor premiums continue to rise into Q1 2017
Motorists are now paying on average £110 more for comprehensive car insurance than they did this time last year.
Asia M&A deals surge in Q1
There was a significant number of merger and acquisition transactions over $100m (£80.5m) completed by Asian companies in the first quarter of 2017 according to consultancy and broker Willis Towers Watson.
Willis Towers Watson CFO Millay to retire
Willis Towers Watson’s chief financial officer Roger Millay is to retire in October.
Making Winners work: African farm insurance
The Winners Project aims to provide a long-term-solution to the threat of extreme weather for farmers in Africa
Willis Towers Watson and AIG launch cyber cover for global airlines
Willis Towers Watson and AIG have created a cyber insurance product designed to combat the emerging risks facing global airlines.
Reinsurance rate decline slows at April renewals
The 1 April reinsurance renewals saw rate reductions range from flat to mid-single digit reductions, an improvement compared to the low double digit range seen 12 months ago, according to Willis Re.
This week in Post: highs, lows and running with the wolves
It has been a week of highs and lows in our household. My son went on his first Cub sleepover and earned the honour of becoming a Sixer. I, meanwhile, returned to the X-ray machine.
WTW's Alastair Swift on why adapting is key to success
The broker landscape continues to evolve at an increasing rate and the industry is under constant pressure to adapt rapidly in order to keep up.
Blog: Time and money for charity
On 26 January 2017, the Insurance Industry Charitable Foundation hosted its first event of the year, a conference on ‘leading across generations', which helped raise an estimated £20,000 for future grants to UK charities.
Aviation Claims: Winging it
Despite a number of air accidents over the past few years, safety when flying has improved dramatically. However, overcapacity and a lack of profitability could be affecting the market
Willis Towers Watson eyes French aviation broker
Broker Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business.
Discount rate change could cost motor insurers £4.9bn
Motor insurers and reinsurers could face reserve charges of £4.9bn as a result of changes to the Ogden discount rate.
Half of insurers to acquire digital assets, says Willis Towers Watson
Global advisory firm Willis Towers Watson is expecting almost half (49%) of global insurers to acquire digital technologies in the next three years.
ILS market hits $75bn in 2016, says WCMA
Non-life insurance-linked securities grew to $75bn (£60bn) in 2016 overcoming a tough operating environment, according to Willis Capital Markets & Advisory.
Ranking the top 67 brokers in the history of the British Insurance Awards
When I sat down to compile the list of the most successful brokers in the history of the British Insurance Awards in 2014, space permitted that I could only number the top 10.
Willis Towers Watson reveals 50% profit drop
Global insurance broker and advisory firm Willis Towers Watson has published a 50% decline in net income for the financial year ending 31st December 2016.
Accelerate enters partnership with WK Insurance
Accelerate Underwriting has entered into a three-year deal with insurance brokers WK Insurance, part of the Willis Network.
Insured nat cat losses total $39.5bn in 2016 says Willis Re
Global insured natural catastrophe losses totalled $39.5bn (£31.3bn) in 2016, the highest market losses since 2012’s $60bn, according to Willis Re.
Singapore employee benefits broker links with Fosun for China push
Singapore-based employee benefits firm the CXA Group is linking up with Fosun-owned Shanghai Zhongheng Insurance Brokers.