Willis Towers Watson
India's long-awaited opportunity
India’s general insurance sector looks set for a flurry of activity following a long-awaited change in the law allowing foreign companies to increase the stakes they hold in local firms, writes Nicky Burridge.
Willis replaces David Gordon with Seth Peller as FAJS CEO
Willis Group Holdings has appointed Seth Peller as global CEO of its fine art, jewellery and specie division, effective immediately.
JLT vows to 'vigorously defend' business interests in face of Willis law suit
JLT has vowed to “defend its legitimate business interests vigorously” after broking rival Willis commenced legal proceedings against the firm in relation to the appointment of staff from the Willis fine art, jewellery and specie division.
Willis cuts 350 roles as part of plans to save $420m by 2017
Willis is set to shed 350 jobs across the UK as part of its restructuring programme announced last year.
CMA to investigate Willis and Miller deal
The Competitions and Markets Authority has decided to launch a formal investigation into the proposed majority acquisition of Miller Insurance Services by Willis.
Willis launches legal proceedings against JLT and FAJS boss Gordon
Willis has commenced legal proceedings against JLT and employee David Gordon a week after JLT Specialty announced the appointment of Gordon and 21 of his Willis fine art, jewellery and specie colleagues.
Seasonal competition triggers marginal drop in Q1 motor rates
Motor insurance rates are expected to continue upwards despite a slight reduction caused by seasonal competition during the opening quarter of the year.
JLT raids Willis for 22 strong fine art and specie team including new CEO Gordon
JLT Specialty has recruited David Gordon from Willis to head up its specie, fine art & jewellery division.
Scope joins Willis as Bermuda chairman
Willis has appointed Jardine Lloyd Thompson's Paul Scope as Willis Bermuda chairman.
Blog: Private sector pain for brokers part of the price of peace in Northern Ireland
It is almost 17 years to the day since the Good Friday Agreement brought an end to 30 years of sectarian conflict in Northern Ireland, yet the lasting legacy of ‘The Troubles’ continues to have a profound effect on the local economy and the general…
Buying habits of millenials raise threat of conduct risk
Technology is increasingly distancing millennials from traditional purchase channels and sources of advice, research by consultancy Towers Watson has found.
Willis Northern Ireland MD Workman departs
Willis Northern Ireland managing director David Workman has stepped down after 28 years at the broker, Post understands.
International: Microinsurance: Starting small
How will the new microinsurance incubator launched by the World Economic Forum impact on lower-income communities, and what are other insurers doing to cater for this group?
Under-35s urged to actively shape London market's future
Willis deputy CEO and London Market Group chair Steve Hearn has called on Lloyd's and London market employees under the age of 35 to play an active role in shaping the future of the sector.
Market Moves - 19 March 2015
All the latest job moves in the insurance market.
Insurance giants ready India investment after FDI law passed
There is expected to be a flurry of movement in the Indian insurance market following India's government decision to increase the FDI cap.
Roundtable - Insurance Act: Facing up to the challenges ahead
Having been granted Royal Assent last month, the replacement for the Marine Insurance Act 1906 will come into force in August 2016. How will the industry cope with adapting to the reforms?
International: A shortage of talent
With the number of qualified claims adjusters in Singapore falling by one-third over the past 10 years, the country is facing an acute shortage of talent
Lloyd's recruits Asia-Pacific broker head
Lloyd's has appointed Chris Rummery in a newly created role - senior market development manager for Asia-Pacific.
Asian insurers should invest in market disruption, says Towers Watson
Consultancy Towers Watson is urging insurers in Asia to become a market disruptor before being disrupted.
Willis lines up 49% stake in India's Almondz
Willis has agreed to purchase a 49% stake in Almondz Insurance Brokers subject to the Indian foreign investment cap being increased by Parliament.
CMA inviting comments on Willis and Miller merger
The Competition and Markets Authority is asking for comments on the anticipated acquisition by Willis Group Holdings of Miller Insurance Services.
Guy Carpenter looks to Willis for analytics head
Matthew Eagle has been appointed international analytics head for Marsh reinsurance arm Guy Carpenter.
Willis Re confirms UK jobs at risk as it enters consultation process
Willis Re has confirmed that several London-based roles could be cut as part of an efficiency drive within its UK operation.