Willis Towers Watson
Vision 2020: Full steam ahead
Despite the report fading from memory, the insurance industry is still on track when it comes to achieving Vision 2020’s key aim to progress the industry
Hardy hires Thomas in non-exec role
Lloyd’s insurer Hardy has appointed a former Willis risk management leader and insurance solicitor to join its board as a non-executive director.
Downward trend in airline insurance premiums set to continue
The loss of an Asiana Boeing 777 aircraft earlier this month will do little to change the downward slide in premium prices in the airline insurance market, a report by Willis said.
Willis Networks picks up a dozen new members
Twelve companies have joined Willis Group Holdings' networks taking its total network membership to 140.
AIG said to be lead insurer for Asiana crash
AIG has been named as the lead insurer providing cover for the Asiana Airlines crash in San Francisco airport on 6 July, Bloomberg reported.
British Insurance Awards 2013: Community Broker of the Year
Good neighbours
Growing threat of Egyption violence after Badie arrest
The potential for Islamic radicalization has increased following the military deposition of former leader Mohammed Morsi, Willis has warned.
Towers Watson appoints Frederik Koencke to head crisis management for EMEA
Frederik Koencke has been appointed as the first Towers Watson crisis management group managing director for the Europe, Middle East and Africa region.
Barbican hires Willis' Goddard as cyber underwriter
Barbican Group Holdings has appointed Jayne Goddard as cyber underwriter in the firm’s specialty division.
Willis Re encouraged by Flood Re government liability and excesses pledge
Proposed pool will not impose a significant administrative burden on insurance businesses nor undermine the commercial environment according to Willis Re.
Towers Watson reveals insurers unprepared for emerging tech trends
Insurers feel less prepared to deal with threats arising from social media and big data than they do about more familiar ones.
Motor Insurance: The road to profit
Could recent legislation provide the turning point motor insurers need to drive them into long-awaited profitability, or are tough times set to continue?
Market looks to politicians to overcome Dutch flood stalemate
The Dutch Minister of Infrastructure and Environment plans to intervene in the flood debate raging in the Netherlands in a bid to overcome the current stalemate.
Willis urges policyholders to keep terrorism cover up-to-date
James Hill, divisional director, financial solutions, Asia at Willis has warned the broker is still finding companies with out of date terrorism/sabotage policies.
Turkey unrest may not be covered under terrorism policies warns Willis
The on-going unrest in Turkey is leading businesses to consider their insurance options, but selecting the right kind of cover is crucial, according to Andrew van den Born, executive director in Willis’ political and trade credit risks division.
Market Moves: Recruitment race back in top gear with big moves for Towergate, Bluefin and more
After a muted couple of weeks, the recruitment conveyor belt went into overdrive with an array of high-profile appointments and departures. Major moves included Towergate losing its network division acquisition director to rival Bluefin, two days before…
Towergate hands Willis UK president role as Paymentshield director
Towergate has appointed Willis UK president Brendan McCafferty as commercial director at Paymentshield.
Insurance buyers warned of "lone wolf" attacks as terrorism threat changes
Several of the world’s long-established terrorism insurance schemes were set up to deal with a different terrorism threat than is predominant today, according to a new technical guide produced by Airmic, in collaboration with Willis.
Airmic 2013: Investment returns to blame for claims payments
Reduced investment returns and a lack of client knowledge is causing insurers to repudiate claims, Willis deputy chief executive Steve Hearn has claimed.
Product recall: Total recall cover
After the horsemeat scandal thrust product recall insurance into the limelight, do insurers need to rethink how they offer such cover?
Willis names new directors ahead of Plumeri board retirement
The Willis board has nominated Francisco Luzón and Jaymin Patel as directors of the company, which completes the slate of directors that will be presented to shareholders at the upcoming annual general meeting.
Europe: Capital crisis
Solvency II - designed to harmonise capital adequacy across the continent - could be in danger of being kicked into the long grass. Edmund Tirbutt explains.
Cooper Claridge Ware co-founder promoted to CEO
Hong Kong-based health insurance broker Cooper, Claridge-Ware has appointed co-founder Christopher Claridge-Ware as the company’s new chief executive officer.
Dual Pricing: Priced Out
Dual pricing is an industry bugbear with traditional errors being replaced with deliberate pricing policies. But is it the sign of a healthy, competitive market or a practice that should be eradicated?