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.
Brunel joins Association of Consultancy and Engineering broker panel
PI broker joins panel for 2017 along with Griffiths & Armour and Willis Towers Watson.
Dominic Casserley to leave Willis Towers Watson
Former Willis CEO was at the helm during merger with Towers Watson.
Average comprehensive car premiums continue to rise
Research says higher repair costs and increase in Insurance Premium Tax are behind the rising premiums.
Broking Break: Your top five of the week
Criminal court cases led the way for reader interest this week coming in at top spot and third place respectively. Brokers were also introduced to new products, Zurich staff cuts and Towergate’s results.
Broker and partner jailed for defrauding Willis
Simon Higginson and Lee Willis were convicted of defrauding Willis of £1.7m over more than a decade.
Willis Towers Watson launches oil and gas product
Product will offer insurance and risk management to oil and gas organisations.
JLT predicts £34m hit at start of year
Bulk of charge comes from settlement costs in Willis court case.
JLT takes £22m hit to settle Willis legal dispute
The two brokers were due in the High Court this month in a case over a 22 person team lift.
Bluefin Network adds 12 new members
Bluefin says new joiners include three former Willis Network members and three from Broker Network.
Willis networks appoints Liz Foster as committee chair
Foster replaces Roger Gaunt who completed his tenure at the end of last year.
Profits slip at Willis GB in 2015
Final quarter figures show improvement as group profits rise for full year.
Towergate targets corporate and mid-market with three hires
Consolidator adds from Willis, BLP Insurance and NFU.
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.