Willis Towers Watson
In 1828 Henry Willis began his career as a merchant selling imported goods on commission in the UK at the Baltic Exchange in London. Willis applied for membership of Lloyd’s in 1848, where he started to broker insurance for the cargoes of commodities he sold on commission. As his enterprise grew, he became involved in the hull business, establishing himself in marine insurance and founding Henry Willis & Company. Today WTW, created by the merger of Willis and Towers Watson in 2016, aims to provide data-driven, insight-led solutions in the areas of people, risk and capital to help make organization more resilient, motivate workforces, and maximize performance.
Willis Towers Watson features in the Insurance Age Top 75 UK Brokers listing. Find out what other companies made the cut.
PIB opens new offices while negotiating acquisitions
CEO Brendan McManus says it will be a top 20 broker in five years time.
Willis’ new network structure up and running
Network services director Anne Hughes says 85% of N2 members have signed up to the new proposition.
Willis and Towers Watson shareholders approve merger
Deal expected to complete “very early in the New Year”.
Revenue down at Willis GB
Operating income for the division increases in the third quarter of 2015 but is down for the year to date.
Private motor insurers revert to losses in 2014, says Towers Watson
Report by firm shows the underwriting profit made by the sector in 2013 disappeared the following year.
Car insurance premiums show biggest jump in five years
Confused.com index in association with Towers Watson cites market reaction to increasing claims costs.
Willis sells 16.9% share of Miller to US-based BB&T
Deal follows on from Willis’ Miller takeover earlier this year.
Compass adds 20 new members in six months
Network takes members from Willis and Broker Network.
RSA launches training programme for brokers
Programme to provide management training for future leaders.
Towergate makes trio of appointments to new City branch
Richard Morgan, Tim Simpson-Lee and Richard Turner step on board.
Willis sponsors diversity and inclusion festival
Broker will host two events to promote workplace diversity.
Willis Networks claims iprism partnership brings "competitive edge"
Network services director Anne Hughes says members will have access to a unique version of iprism's online portal.
Figures down across the board at Willis GB
Group figures show declines in half year performance.
Lloyd’s launches diversity festival
Aon, Willis and Marsh among 30 companies sponsoring the event.
Willis GB CEO added to Liiba board
Nicolas Aubert is also appointed to the London Market Group.
Vincent Gardner: Finch still on the lookout for acquisitions
MD says his firm is looking for commercial lines brokers with premiums between £1m and £5m.
Willis Networks adds three new members
Additions bring total number of members to 119.
Bluefin hires Nick Pay and Paul Scott
Duo become branch directors for Milton Keynes and Northampton.
Willis to merge with Towers Watson
The $18bn transaction has been approved by directors from each company.
CGSC takes Hearn from Willis
Deputy CEO leaves Willis to take on group CEO role at Cooper Gay Swett & Crawford.
Rival networks “not surprised” by Willis’ restructure of N2
Leaders react to confirmation that Willis is set to complete the transition of its N2 model for smaller brokers by the beginning of 2016.
Willis meeting all N2 members over transition to new model
Members face buying decision as restructure set to complete by beginning of 2016.
Hiscox buys classic car specialist from Willis
Insurer says RH Specialist Insurance will keep its existing team and location.
Willis and JLT agree 2016 High Court date over team defection
The broker's case includes alleged conspiracy relating to JLT taking some its staff members.