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.
Escalating claims decimating UK motor results, says Towers Watson
New figures from the Institute and Faculty of Actuaries have revealed that one in four UK third party motor claims involves a bodily injury element.
Get involved with Insurance Age’s Network Spotlight
Insurance Age has secured video interviews with 11 of the leading broker networks in the insurance market and during July the senior leaders will be put under the spotlight to answer your questions.
Willis claims industry first with grey fleet scheme
Willis has launched a pay-as-you-go insurance scheme to address issues arising from allowing staff to drive their own cars on business - the so-called grey fleet.
Willis splits CEO and chairman role
Willis has appointed Rodney Baker-Bates as an independent non-executive chairman while CEO of Willis UK and Ireland, Brendan McManus has been named CEO of Willis.
Biba 2011: Trade bodies must work together, says Homer
Insurance industry trade bodies need to join forces to solve the problems surrounding the handling of client money, according to Towergate's Andy Homer.
Willis' net income for Q1 2011 drops by £103m
Willis Group Holdings first quarter results for 2011 have revealed a reported net income of $34m (£20.6m), or $0.20 per diluted share, compared with $204m, or $1.20 per diluted share, in the same period a year ago.
Regulatory burden on brokers is heavier than tax
The British Insurance Brokers’ Association (Biba) has warned that the regulatory burden imposed by the Financial Services Authority (FSA) on the insurance broking sector is a greater competitive disadvantage than the amount of corporation tax it pays.
New player enters high end liability market
Lloyd’s broker Kite Warren & Wilson (KWW) is targeting the high end SME asset manager and Lloyd’s managing agents market with a suite of new liability products.
New Aberdeen office for Willis
Willis has opened a new office in Aberdeen to develop business in the city and complement Willis’ existing presence in Glasgow, Edinburgh and Dundee.
Reportage: Facing up to networks
With networks increasing in popularity, Emmanuel Kenning recounts their development and looks to the future of this crucial market sector.
Market moves: Winds of change sweep the country
Snow flurries in Scotland were matched only by the blizzard of job announcements in the region with Lockton, Heath Lambert, Aspen and RSA all unveiling changes.
Japan Earthquake will not trigger hard market, says Willis Re
Relatively orderly price movements at the 1 April Japanese reinsurance renewals have indicated that the Tohoku Earthquake is not the catalyst that will bring about a hard market, according to Willis Re.
Scarrett out at Willis Networks
Willis has announced that MD of its networks proposition, Phil Scarrett, will leave the business at the end of the month.
News analysis - professionalism: brokers slow to embrace Aldermanbury Declaration
The Aldermanbury Declaration is a year old this month and the Chartered Insurance Institute (CII) has signed up nearly 200 brokers, insurers, loss adjusters, claims companies and managing agents. However, despite this early success, particularly with…
Willis Networks gains six new recruits
Six new members have joined Willis Networks, its alliance with local, independent insurance brokers in the UK.
Willis exec jumps ship for rival broker
Executive director and major client advocate at Willis Finex Global, Mike Earp, has resigned to take up a senior post at Aon, Insurance Age understands.
Willis revenue rises as commissions increase 3%
Willis has announced a 2% rise in revenues to $3.34bn (£2.08bn) for the year ended 31 December 2010 (2009: $3.26bn).
TEn commits to Aldermanbury
TEn Insurance has become the first stand-alone network to sign the Aldermanbury Declaration.
Keynote speakers revealed for Biba 2011
The keynote speakers for this year’s the British Insurance Brokers’ Association (Biba) conference have been confirmed as Greg Case, president and CEO of Aon Corporation, explorer Ed Stafford who was the first man to walk the length of the Amazon and…
HSB appoints London and South East regional manager
Sian Williams, regional broking director at Willis, has moved to HSB Engineering as regional manager for London and the South East.
Reportage - training delivery: Digital vs. face to face
Traditionally, training has been about face-to-face contact but there has recently been an increase in online offerings, which claim to provide the same quality of tuition with less cost and increased convenience. Edward Murray looks at the pros and cons…
Focus - Broker funding: Finding your way through
With the major banks still cautious about lending, brokers are finding it tough to access funding for growth. Rachel Gordon looks at the options.
The PB Interview - Laurent Matras: Through the storm
Laurent Matras, managing director at Groupama Insurances, tells Andrew Tjaardstra about the state of the insurance market and how he is working closely with brokers to give his firm a competitive advantage.
Five new members join Willis Networks
Five new members have joined Willis Networks, bringing its combined membership to 111 firms.