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. It operates in 140 countries and markets.
GS Group leaves Willis Commercial Network for Brokerbility
Scottish broker departs after 10 years with network.
Willis back in the black with £229m 2013 profit
Broker reverses the hefty loss posted for 2012.
Getting your facts right
It’s about time some more network gossip did the rounds, and last week it was a pretty juicy story that hit the Insurance Age newsdesk.
CII winners of inaugural Public Interest Awards announced
Insurance Age’s Professionalism campaign wins best campaign in the public interest for the trade press category.
Towergate's Nathan and Duggan on Biba advisory board
Biba CEO Steve White hails "calibre" of people in group.
Video: Northern Ireland review
Join Caitlin Morrison, reporter at Insurance Age, in Belfast where she met with brokers from across Northern Ireland to hear their views on the market.
Clements Worldwide goes to Willis for new sales director
Former Willis man Gareth Saunders one half of double appointment at international provider.
Willis combines global specialty business with UK retail
Broker says changes were made to create "market-leading client proposition".
Comprehensive car premiums dropped 12.5% in 2013
Research finds average third party, fire and theft cover down 7.5% in 12 months.
Lorica adds London branch director from Aon
Broker kicks off 2014 with string of new appointments.
Willis moving to all-Ireland business model by end of 2014
Broker says restructure will enhance offering to Northern Ireland clients.
Gallagher adds Atkinson to management team in North East
New recruit tasked with driving new business development.
Gallagher takes on Marsh director to head up Manchester branch
Consolidator has tasked Fairhurst with the integration of its two Manchester offices.
Willis appoints new CEO for Global Solutions International
Broker aiming to build multinational client roster.
Towers Watson warns of difficult 2013 for UK motor market
Report reveals some improvement in 2012 but highlights impact of legal reforms.
Aon swoops for Willis man to manage private clients
Broker recruits from Willis Personal Risks to drive private client division.
Cullum-backed Global Risk Partners expects another deal "very shortly"
New London Market consolidator reveals it has a "very strong acquisition pipeline".
Towergate underwriting division bought by Cullum venture for £9.25m
Consolidator sells property underwriting division to new player.
Willis reports $27m loss
Broker sees profits take a tumble in third quarter.
Willis Re estimates St Jude storm will cost insurers £500m
Company analyses damage across the UK.
Willis confirms insurer backing for Global 360
Willis has unveiled the first set of insurers to have given their backing to its new Global 360 offering.
Car premiums drop to lowest level since March 2010
Average comprehensive premiums fell by 3.9% during the third quarter of 2013, culminating in an overall fall of nearly 14% over the last 12 months down to a national average of £652.
Following the Leader
There have always been passive followers in insurance but blindly going along with the trend for subscription-based business could spell disaster, says Tony Cornell
Towers Watson warns insurers over 'pay as you drive' telematics products
A survey of European drivers has revealed that 50% of UK drivers would be interested in taking out a telematics policy.