LONDON, March 20, 2025 (GLOBE NEWSWIRE) -- 80% of directors and officers consider health and safety risks to be very important or extremely important to their organisation, according to the latest Directors and Officers Liability Insurance Survey by Willis, a WTW business, (NASDAQ:WTW), in collaboration with Clyde & Co. Physical workplace risks were deemed the most important by 43% of respondents, followed by employee mental health and wellbeing consequences stemming from work (28%) and from personal matter ...

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 ...

Willis publishes results from their 2025 Global Clean Energy SurveyLONDON, March 12, 2025 (GLOBE NEWSWIRE) -- Average spend across the natural resources industry on clean energy technologies is expected to increase by over a third in the next financial year, according to the latest global Clean Energy Survey released by Willis, a WTW business, (NASDAQ: WTW). Against the backdrop of increased fossil fuel investment in the short and medium term, natural resources businesses have ambitious long-term investment ...

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 ...

A month has gone by since the last earnings report for Willis Towers Watson (WTW) . Shares have added about 4.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Willis Towers Watson due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Willis Towers Q4 Earnings Surpass Es ...

NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ:WTW), a leading global advisory, broking and solutions company, today announced that its Board of Directors has appointed Paul Reilly to succeed Paul Thomas as Non-Executive Chair of the Board following WTW's 2025 Annual General Meeting (AGM) to be held in May 2025. Thomas has notified the Board that he intends to retire from the Board and will not stand for re-election at the 2025 AGM. Thomas has served as the Non-Executive Chair of the WTW Board sin ...

NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced that its Board of Directors has appointed Paul Reilly to succeed Paul Thomas as Non-Executive Chair of the Board following WTW’s 2025 Annual General Meeting (AGM) to be held in May 2025. Thomas has notified the Board that he intends to retire from the Board and will not stand for re-election at the 2025 AGM. Thomas has served as the Non-Executive Chair of the WTW Board si ...

Group 1: Crisis Management Insights - 26% of incidents reported to Alert:24 were related to threats against individuals or client assets, with emergency political repatriations and kidnaps for ransom each accounting for 21% [1] - The report indicates a 21% reduction in client incident notifications in 2024 compared to the previous year, reflecting a sustained level of conflict and catastrophes in 2023 [6] - Africa accounted for 27% of total incidents reported, with Latin America increasing its share from 13% to 24%, particularly driven by incidents in Haiti [6] Group 2: Political and Social Trends - In 2024, nearly 80% of incumbents in leading democracies lost vote share, driven by poor economic performance and high inflation concerns [2] - Rising populism and socio-economic tensions are expected to drive continued violence and unrest in Europe, with terrorism threats remaining a significant concern [3] - The US faces potential civil unrest and political violence amid growing social tensions, while Asia-Pacific sees a rise in active assailant incidents [4] Group 3: Risk Management Strategies - Companies that effectively assess and manage political instability are likely to navigate the volatile risk environment more successfully [5] - The combination of relevant insights, risk identification, and proactive crisis management is crucial for organizations to ensure stability and resilience [5] - The ongoing threat of lone-wolf terrorism and organized crime in regions like Latin America highlights the need for robust risk mitigation strategies [6]

NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Willis, a WTW business, (Nasdaq: WTW), today announced a partnership with Crowd Safety, a team of recognized experts in the strategic, tactical, and operational elements of crowd safety management and event security, of various high-profile events. Crowd Safety brings to Willis a resolute team of consultants with strong backgrounds in crisis management, providing crowd safety management and security to events with crowds as large as 100,000+ people. Their platform ...

Revenue Segmentation - The Health, Wealth & Career segment generated 59% of total revenue in 2024, while the Risk & Broking segment accounted for 41%[29]. - The majority of revenue is derived from commissions or fees for brokerage or consulting services, with fluctuations in insurance premiums directly impacting results[24]. - A significant portion of revenue in the Health & Benefits business comes from recurring work, with contracts that may be annual or multi-year[34]. - Revenue from Benefits Delivery & Outsourcing is significantly recurring, driven by long-term service contracts typically ranging from three to five years[51]. - Client retention rates in the Retirement business are high, with a significant portion of revenue from recurring work driven by the regulated nature of pension plans[38]. Client Base - The company serves approximately 96% of the FTSE 100, 89% of the Fortune 1000, and 90% of the Fortune Global 500 companies[17]. - The company operates a private Medicare marketplace in the U.S. to help clients manage healthcare costs sustainably[23]. - Clients in the active employee exchanges market prioritize cost savings and efficient execution from service providers[86]. Strategic Goals - The company aims to grow revenue, improve margins, and increase free cash flow, EBITDA, and earnings through a focused investment framework and capital allocation strategy[26]. - The company focuses on enhancing efficiency and optimizing its portfolio through strategic investments and divestitures[29]. - The company emphasizes a unified approach to advisory, broking, and solutions to drive growth across diverse markets[25]. Workforce and Talent Management - The company employs approximately 48,900 colleagues globally, with 25,700 in Health, Wealth & Career and 16,500 in Risk & Broking as of December 31, 2024[68]. - Voluntary turnover rate for the company remains stable at 10.9% in 2024, slightly up from 10.8% in 2023[69]. - The company hired over 7,800 colleagues in 2024, a decrease of 4% compared to 2023, primarily due to higher hiring volumes in the previous year[74]. - The company plans to increase global investment in talent across sales and client-facing roles in 2025[74]. - The flexible work approach includes office-based, hybrid, and remote solutions, aimed at attracting and retaining top talent[76]. Board Composition and Leadership - The board composition includes 40% female directors and 10% identifying as Black, with 75% of board committee chairs being female[73]. - Lucy Clarke has been appointed as President of Risk & Broking at WTW since July 22, 2024, previously serving as President of Marsh JLT Specialty[104]. - Alexis Faber has been Chief Operating Officer at WTW since August 30, 2021, with extensive experience in financial lines and risk management[105]. - Matthew S. Furman has served as General Counsel at WTW since January 4, 2016, with prior experience at The Travelers Companies and Goldman Sachs[106]. - Julie J. Gebauer has been Head of Health, Wealth and Career at WTW since January 1, 2022, previously leading Human Capital & Benefits[107]. - Carl A. Hess has been Chief Executive Officer at WTW since January 1, 2022, with a background in investment, risk, and reinsurance[108]. - Andrew J. Krasner has been Chief Financial Officer at WTW since September 7, 2021, and co-head of Corporate Development since October 25, 2024[110]. - Anne Pullum has served as Head of Europe at WTW since August 30, 2021, and has played a key role in the company's strategy[111]. - Imran Qureshi has been Head of North America at WTW since August 30, 2021, and took on additional responsibilities in June 2023[112]. - Pamela Thomson-Hall has served as Head of International at WTW since August 30, 2021, with a legal background in international business[113]. - The Board of Directors includes experienced leaders from various industries, enhancing WTW's governance and strategic direction[115]. Market Competition and Regulatory Environment - The competitive landscape includes major firms such as Aon plc and Marsh & McLennan, with pressures from new market entrants and changing client behaviors[78][79]. - The company faces strong competition in the HR consulting and risk management industries from large consulting firms and specialized firms[80]. - Major competitors in the pension consulting industry include Mercer HR Consulting and Aon plc[81]. - The insurance consulting and software industry is competitive with key players like Milliman, Oliver Wyman, and the big four accounting firms[82]. - The company faces regulatory scrutiny across various jurisdictions, including compliance with data privacy laws and financial regulations[88][89]. - The U.K. operations are regulated by the Financial Conduct Authority (FCA), which ensures market integrity and consumer protection[94]. - Full FCA authorization was granted for the U.K. branch on September 29, 2023, following the Brexit process[97]. - The company complies with MiFID II regulations aimed at strengthening investor protection and improving financial market functions[99].