Willis Towers Watson
WTW seeks to provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of employees serving 140 countries and markets, it aims to help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Income down at Willis UK
Willis Group has announced a 4% growth in commission and fees for the third quarter of 2011 to $755m (£472.6m) compared to $723m in the same period of 2010.
Willis promotes from within to replace McManus
Willis has appointed Daniel Wilkinson as chief executive officer for Willis United Kingdom & Ireland (WUKI).
Jardine Matheson increases JLT stake to 40%
Jardine Matheson’s bid for a 10% increase in its shareholding of JLT has won both shareholder and regulatory support.
King quits RFIB
RFIB has confirmed that chief executive officer and minority shareholder Marshall King will be leaving the company and that current group chief financial officer Jonathan Turnbull will take up the position of CEO with immediate effect.
Insurance Age blog: McManus for Towergate?
Well the big news this week is the departure of Brendan McManus, CEO of Willis UK, from the company.
Brendan McManus parts company with Willis
Willis has announced the departure of Brendan McManus, CEO of Willis.
Clear appoints from Willis Networks
Clear Insurance Management has appointed Simon Taylor, previously regional managing director for Willis Network, to the role of executive director.
Willis and Kiln launch new protection policy for hotels
Willis Group and Kiln, a Lloyd’s of London underwriter, have joined forces to create a policy aimed at protecting hotels from financial loss arising out of adverse publicity.
Willis Argentina names new CEO
Willis has appointed Seth Peller CEO of Willis Argentina with immediate effect.
Grant Ellis scoops achievement award at UK Broker Awards
Bartlett & Co won both the Chartered and Commercial Lines Broker of the Year awards and Broker Network’s Grant Ellis bagged the Achievement Award at this year's UK Broker Awards.
Editor’s letter - August 2011
“My guess is that although there will be further high-profile examples made, this type of practice will continue unfettered”
Network Spotlight day 11: Willis’ Fardon foresees imminent network mergers
Sara Fardon, managing director of Willis Networks, claims in the penultimate interview for Network Spotlight that 43% of brokers are part of a network or a club and that weaker networks could fold within a year.
Network spotlight series
Insurance Age has interviewed the leaders of the networks to ask them why there are more brokers outside networks than in and what steps they have taken to help members in the past year.
UK plc disadvantaged by bribery crackdown
If the FSA pursues firms over bribery it could lead to UK companies losing business abroad
Burke predicts interim profits at Thistle in 2012
Chief executive of JLT, Dominic Burke, has predicted that Thistle Insurance will beat its 2010 full year trading profit of £4.8m this year.
Willis Networks in member deal with Our Network
Willis Networks and the Broker Direct-owned Our Network have announced a partnership that will give Our Network members access to products and services of Willis’ N² proposition.
Regional brokers win business because of service, says study
Just under half of commercial insurance clients prefer to work with regional brokers, according to findings from Pearlfinders Risk Index.
Lawyers issue warnings after Willis’ record £6.9m fine
Following Willis’ record £6.9m anti-bribery fine from the Financial Services Authority (FSA), the legal profession has warned insurance brokers on the need to have and implement relevant policies and procedures.
Willis responds to record £6.9m FSA fine
Insurance broking giant Willis has responded to the Financial Services Authority's (FSA) record breaking £6.895m fine to its subsidiary Willis Limited flagging up that it had been swift to engage with the regulator on the matter.
FSA hits Willis with record anti-bribery fine
The Financial Services Authority (FSA) has fined Willis £6.895m for failings in its anti-bribery and corruption systems and controls.
Slow down in car insurance price rises
The average price of a comprehensive car insurance policy rose by 2.7% in the second quarter of 2011, according to the Confused.com and Towers Watson Car Insurance Price Index.
Sandy Scott takes Achievement Award at 2011 British Insurance Awards
Sandy Scott, chief executive, Chartered Insurance Institute, was given the Achievement Award at the British Insurance Awards at the Royal Albert Hall in front of 1800 fellow industry professionals.
Aspen makes new senior appointment
Aspen Insurance has appointed a new manager of distribution and business development in the UK.