Core Viewpoint - WTW is set to announce its financial results for the first quarter on April 24, 2025, before the market opens [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call scheduled for 9:00 a.m. Eastern Time on April 24, 2025 [2] - A live broadcast of the conference call will be available on WTW's website, and an online replay will be accessible shortly after the call concludes [2] Group 2: Company Overview - WTW provides data-driven, insight-led solutions in the areas of people, risk, and capital, serving 140 countries and markets [3] - The company aims to help organizations sharpen their strategy, enhance resilience, motivate their workforce, and maximize performance [3] - WTW collaborates closely with clients to uncover opportunities for sustainable success and provide valuable perspectives [3]

Core Insights - WTW has announced new leadership appointments in its Health, Wealth & Career (HWC) division following the retirement of Marco Boschetti as Global Leader of Retirement [1][9] Leadership Changes - Imran Qureshi will assume the role of Retirement business leader effective April 2, succeeding Marco Boschetti [2][9] - Emory Todd will take over from Qureshi as the Integrated & Global Solutions (IGS) business leader [2][9] - Michelle Acciavatti will replace Todd as North America HWC Leader [2][9] - Rick Sherwood will succeed Acciavatti as the Midwest Region leader while also leading the North America IGS business [6][9] Leadership Backgrounds - Imran Qureshi brings over 25 years of experience in client and leadership roles, with an actuarial background and multinational expertise [3] - Emory Todd has been with WTW for over 25 years, holding various consultancy and leadership positions, including HWC growth leader for North America [4] - Michelle Acciavatti, an actuary with over 30 years at WTW, has held leadership roles and will focus on driving revenue growth in North America [5] - Rick Sherwood has a proven track record in client relationship growth and will support market growth in the Midwest [6] Company Vision - WTW aims to leverage its global view and local expertise to provide data-driven, insight-led solutions in people, risk, and capital [7][8]

Imran Qureshi succeeds retiring Marco Boschetti as Global Retirement LeaderEmory Todd succeeds Qureshi as Integrated & Global Solutions Leader, globallyMichelle Acciavatti succeeds Todd as North America Health, Wealth & Career LeaderAdditionally, Rick Sherwood succeeds Acciavatti as Midwest Leader across WTW. NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) -- WTW, a leading global advisory, broking and solutions company (NASDAQ: WTW), has today announced new appointments on its Health, Wealth & Career (HWC) leade ...

Core Insights - WTW has announced the acquisition of Global Commercial Credit, LLC (GCC) to enhance its performance and expand into specialized businesses aligned with its growth strategy [1][4]. Group 1: Acquisition Details - The acquisition of GCC will enhance WTW's diversification across industries and expand its footprint in targeted sectors, particularly in the North American market [2]. - WTW will also acquire ProfitGuard, a complementary credit risk management service that can add value for global clients [3]. Group 2: Strategic Implications - This acquisition is part of WTW's strategy to optimize its portfolio and pursue high-growth broking businesses, enhancing its specialization in selected industries [4]. - The addition of GCC is expected to significantly enhance WTW's scale and growth potential in the credit and political risk business in North America, diversifying its client base and strengthening sales capabilities [4]. Group 3: Leadership Perspectives - Scott Burnett, Head of Corporate Mergers & Acquisitions at WTW, emphasized the strategic nature of the acquisition in accelerating specialization and expanding capabilities across the insurance value chain [4]. - Victor Sandy, President and CEO of GCC, expressed excitement about aligning with WTW to deliver integrated credit risk management solutions to a broader market, highlighting the increasing importance of effective credit risk management [4].

Core Insights - Willis, a WTW business, has launched AdWrap, a master-controlled insurance program aimed at addressing the production insurance needs of businesses and their vendors in the marketing and advertising sectors [1][2] Group 1: Product Features - AdWrap simplifies production insurance for in-house teams, third-party vendors, and social media influencers, ensuring comprehensive protection while optimizing costs [2] - The program offers pre-approved coverage limits and eliminates inefficiencies, helping businesses reduce insurance expenses [2] - Key features include customizable coverage from pre-production to airdate, protecting various production types against property, casualty, and contingent risks [5] Group 2: Cost Efficiency - AdWrap provides cost transparency by offering direct coverage with premiums that reflect individual risks and claims history, eliminating typical vendor mark-ups [5] - This approach ensures fair and consistent pricing across all projects, enhancing overall cost efficiency for clients [5] Group 3: Support and Expertise - The program is backed by a team of media and entertainment professionals, ensuring seamless account management and strong vendor relations [5] - Clients benefit from 24/7 support and global capabilities, allowing them to manage production risks effectively wherever their projects are located [5]

Group 1 - Willis has appointed Kate Harb as Global Data Strategy Leader and Dermot Sargent as Global Digital Platforms Leader to enhance its data-driven strategy and digitization efforts [1][2] - Harb will focus on data acquisition, optimization, and Generative AI capabilities, while Sargent will oversee the development of digital infrastructure, including the Broking Platform rollout [2][3] - Lucy Clarke, President of Global Risk and Broking, emphasized that these appointments will improve client service through better data analytics and structured data capture [3] Group 2 - Kate Harb has over 20 years of experience at WTW, previously holding roles such as Chief of Staff for Risk & Broking and Director of Strategy for Global Construction [3][4] - Dermot Sargent brings 30 years of market experience, having previously served as Chief Broking Officer at Aon and holding senior roles at Marsh [4] - WTW operates in 140 countries, providing data-driven solutions in people, risk, and capital to enhance organizational resilience and performance [5]

Core Insights - 80% of directors and officers view health and safety risks as very or extremely important, with physical workplace risks being the most significant concern for 43% of respondents [1] - Civil litigation and third-party claims have emerged as significant risks for 63% of directors and officers, particularly noted by smaller organizations and those with revenues between $1 and $5 billion [2] - Climate change is no longer a top concern in several regions, while diversity, equity, and inclusion have entered the top seven risks for Great Britain, North America, and Africa [3] - Cybersecurity and data privacy are critical concerns for 77% of respondents, but artificial intelligence is perceived as less important, with only 51% considering it very or extremely important [4] - The evolving risk landscape necessitates that D&O insurance reflects current challenges, including litigation risks and cyber threats [5] Summary by Category Health and Safety Risks - 80% of directors and officers consider health and safety risks very or extremely important [1] - Physical workplace risks are prioritized by 43%, followed by employee mental health (28%) and personal matters (12%) [1] Legal and Compliance Risks - Civil litigation and third-party claims are significant concerns for 63% of directors and officers, especially in smaller organizations [2] - Larger organizations focus on diversity, equity, inclusion, bribery, and corruption as top risks [2] Social and Environmental Risks - Climate change is no longer a top seven risk in regions like Asia and North America, while social risks, including human rights breaches, have seen a significant increase in concern [3] - Concern about supplier business practices has risen from 27% in 2021 to 59% in 2025 [3] Cybersecurity and Technological Risks - Cybersecurity and data privacy are deemed very important by 77% of respondents, indicating a need for more board expertise in these areas [4] - Artificial intelligence is considered less critical, with only 51% of respondents rating it as very or extremely important [4] D&O Insurance Market Trends - Cost remains the primary driver for D&O insurance purchasing decisions despite rising litigation risks [5] - Companies are encouraged to adopt a proactive approach to optimize D&O coverage and mitigate risks [5]

Expansion of consulting and software solutions for insurersLONDON, March 13, 2025 (GLOBE NEWSWIRE) -- WTW, (NASDAQ:WTW) has appointed Massimo Cavadini as Head of Product, Pricing, Claims and Underwriting for Continental Europe. This newly created position further strengthens WTW’s strategy of broadening and deepening its market leading role in insurance analytics. Insurers are experiencing a new wave of data-driven decision making that is transforming the industry, from AI in claims and underwriting to grea ...

Core Insights - The average spending on clean energy technologies in the natural resources industry is projected to increase by over a third in the next financial year [1] Group 1: Investment Trends - 100% of natural resources companies surveyed have a clean energy strategy, with varying levels of maturity; 71% of renewables companies are at the implementing or fully implemented stage, compared to 36% for oil and gas, 63% for power, and 43% for mining and metals [6] - Investment in clean energy technologies and infrastructure is expected to increase by 34% in 2025 [6] - 63% of respondents view clean energy as a growth opportunity, indicating a widespread commitment to the energy transition across all sectors, including oil and gas [6] Group 2: Technology Priorities - Solar is rated as a top priority by 51% of respondents in the near and medium term, while battery storage solutions and carbon capture and storage are prioritized by 61% in the medium to long term [6] - Geothermal and hydrogen have emerged as high priorities over a 10-year horizon [6] Group 3: Risk Factors - Supply chain disruption (79%) and geopolitical issues (78%) are identified as the greatest risks to clean energy strategies, reflecting concerns over trade tensions and regulatory changes [6] - Companies face challenges in obtaining suitable insurance, with 53% citing blanket exclusions as an obstacle, followed by limited duration/inflexibility of insurance (48%) and lack of suitable products (47%) [6] Group 4: Industry Challenges - The risk outlook for natural resources companies is described as complex and interconnected, as they navigate the clean energy transition while balancing regulatory, financial, and operational pressures [2][3] - Maintaining stable energy supplies and healthy revenue flows remains a commercial priority, but participation in the clean energy transition is deemed unavoidable [4]

Commercial Lines Insurance Pricing Survey: Q4 2024NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- U.S. commercial insurance rates showed a continued upward trend with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW's Commercial Lines Insurance Pricing Survey (CLIPS). The survey compares premiums for policies underwritten during the fourth quarter of 2024 to those for the same coverage in the respective quarter of 2023, providing a year-over-year perspective. Carrier ...