Willis: Predator or Prey?

future-telescope

News analysis: Following the Aon/Willis Towers Watson deal collapse David Worsfold explores if WTW will turn hunter or hunted amid the fallout from the failed $30bn deal.

The shockwaves from the abrupt collapse of the Aon-Willis Towers Watson merger deal at the end of July will reverberate through the insurance world for months to come.

The US$30.55bn deal was originally announced on 9 March 2020, just as Covid started to ravage the UK, Europe and the USA. The fallout from the collapse in the face of the regulatory impasse with the US Department of Justice has the potential to inflict a corporate Long Covid on both firms.

The most vulnerable to this malaise is

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The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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