Willis Towers Watson
Insurers struggle to match risk taking with appetite
Aligning risk taking with risk appetite has become a challenge for many insurers seeking to embed enterprise risk management practices, according to a survey conducted by Towers Watson.
Aviva: We are not anti-network
Aviva is confident it will not lose out on any relationships with individual brokers after it breaks ties with Willis Networks, according to the insurer's director of broker distribution, Phil Bayles.
Willis Networks and Aviva confirm panel split
Willis and Aviva have mutually agreed that Aviva’s participation as an insurer panel member for Willis Networks will not be renewed upon expiry of the current agreement on 31 December.
Market Moves: Brokers bring in more new recruits with JLT, Marsh and Willis welcoming fresh faces
Brokers Marsh, Willis and JLT dominated the broking space this week with a raft of new appointments. Marsh created a new corporate division, JLT added three new staff to its financial institutions team and Willis recruited chief executives for its…
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Miller’s Clarke retains role as Liiba chair
Miller chief executive Graham Clarke has been re-elected as chairman of the London & International Insurance Brokers’ Association.
Biba and Willis back social media site
Social media platform My Slipcase has signed up members from 342 insurance and reinsurance organisations since it launched nine months ago.
Spanish construction: Unfinished business
The Spanish construction industry is in the doldrums with many building projects incomplete. How is this impacting the insurance industry? Edmund Tirbutt explains.
Miller raids rivals to grow French reinsurance team
Miller has hired three senior reinsurance brokers in a bid to increase its foothold in the French market.
Willis announces regional CEO succession plans
Willis has appointed its construction, property and casualty chief executive as the new regional head for central and eastern Europe, Middle East and Africa.
Willis promotes Wemyss as Pickering exits
Tony Wemyss will become broker Willis's regional CEO of the group's Central and Eastern Europe, Middle East and Africa operations from 1 April.
Towers Watson adds two brokers to crisis management team
Towers Watson has added two brokers to its crisis management broking and consultancy operation.
Towers Watson recruits crisis management pair from Aon
Towers Watson has expanded its consultancy and broking offerings in crisis management with two recruits from broking giant Aon.
Willis UK given chartered broker CII status
Broking giant Willis has been awarded chartered insurance broker status for its UK business by the Chartered Insurance Institute.
Willis makes European captive hire
Willis has appointed Lesley Harding as chief executive officer of the Willis Global Captive Practice in Europe.
Willis appoints new European captive head
Lesley Harding has been named chief executive officer of Willis' global captive practice in Europe, effective 1 March.
Periodical Payment Orders: Unhappy New Year
Periodical payment orders gave motor insurers a headache in the renewals season as reinsurers struggled to come to terms with them.
Market Moves: Markel, Axa and Argo head the recruitment trail
Insurers hit the recruitment trail hard last week after recent broking dominance, with notable hires at Markel, Axa and Argo. It was a quieter few days for those on the periphery of the industry, although some of the slack was inevitably picked up by the…
Top five European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days.
Willis COO Ghezzi departs in cuts programme
Willis chief operating officer Gioia Ghezzi is to leave the firm as part of plans to cut 200 jobs across the business.
Towers Watson adds to M&A team in Singapore
Professional services firm Towers Watson has appointed Alan Merten (pictured) as director, risk consulting & software, and a member of its Asia Pacific leadership team.
Willis deputy chairman to step down
Willis Group’s deputy chairman Martin Sullivan will leave the firm in May 2013 to pursue other interests.
Willis deputy chairman Sullivan exits
Willis Group’s deputy chairman and global solutions chief executive Martin Sullivan is to depart the broker in May.
Willis reveals $446m net loss
Global broker Willis recorded a net loss of $446m for the 2012 financial year, in stark contrast to the previous year’s $203m profits.