Willis Towers Watson(WTW)

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WTW's ICT appoints new Head of Personal and Commercial Lines Business Development in North America
Globenewswire· 2025-07-16 12:00
Core Insights - WTW has appointed Dale Porfilio as Senior Director and Head of Personal and Commercial Lines Business Development within its Insurance Consulting & Technology (ICT) business [1][3] - Porfilio has extensive experience in the insurance industry, having previously served as Chief Insurance Officer at the Insurance Information Institute and President of the Insurance Research Council [2] - His responsibilities will include driving growth, market share, and profitability in personal and commercial insurance sectors, focusing on client relationships and leveraging WTW's technology and consulting services [3][4] Company Overview - WTW provides data-driven, insight-led solutions in the areas of people, risk, and capital, serving clients globally across 140 countries and markets [7] - The Insurance Consulting and Technology business aims to innovate and transform the insurance industry by delivering advisory services and advanced technology solutions [5][6] - WTW collaborates with over 1,000 client companies worldwide, utilizing specialist insurance software and employing more than 1,700 colleagues across 35 markets [6]
Willis and the University of East Anglia launch wildfire risk partnership in response to escalating global threat
Globenewswire· 2025-07-16 08:00
Core Insights - Willis, a WTW business, has announced a collaboration with the University of East Anglia (UEA) to enhance understanding of global wildfire risk, addressing the increasing severity and unpredictability of wildfires that now rival losses from other natural disasters [1][2] Group 1: Wildfire Risk and Impact - Wildfires have become larger and more destructive due to shifting climate conditions, expanding fire-prone areas, and urban growth, leading to significant insured losses, such as US$1.5 billion during Australia's Black Summer bushfires in 2019-20 and US$40 billion from the recent Palisades and Eaton fires in Los Angeles [2] - The partnership aims to help the insurance sector understand the evolving nature of wildfire risk, including changes in frequency, intensity, and geography, as well as the increasing threat of urban fires [3] Group 2: Research and Insights - Dr. Matthew Jones co-leads the State of Wildfires Report, which evaluates extreme wildfire events and future risks under climate change, while identifying opportunities for risk minimization through climate action and land management [4] - The collaboration seeks to provide robust insights that assist insurers in managing wildfire risks effectively, emphasizing the need for better prediction systems and fire prevention strategies [5] Group 3: Organizational Background - WTW provides data-driven solutions in risk management, serving clients in 140 countries, and aims to enhance organizational resilience and performance [6] - The University of East Anglia is recognized for its research quality and impact on sustainable development, being a leading member of Norwich Research Park, which focuses on environmental and health research [7]
WTW appoints Cecelia Lockner as Strategic Client Advisor to AAIS team in North America
Globenewswire· 2025-07-14 12:00
NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Willis, a WTW business (NASDAQ: WTW), has announced the appointment of Cecelia Lockner as Senior Director, Strategic Client Advisor within the North America Alternative Asset Insurance Solutions (AAIS) vertical. Lockner’s appointment underscores Willis’ commitment to delivering forward-thinking insurance solutions grounded in deep industry expertise with a sharp focus on client outcomes. Lockner brings over 15 years of experience advising private equity, hedge fun ...
WTW's Willis appoints Adrian Cousins as Head of London Market Claims
Globenewswire· 2025-07-14 09:19
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance. Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you. LONDON, July 14, 2025 (GLOBE NEWSW ...
WTW to Announce Second Quarter Earnings on July 31, 2025
Globenewswire· 2025-07-09 21:00
Core Viewpoint - WTW is set to announce its financial results for the second quarter on July 31, 2025, before market opening [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 the same day [2] - A live webcast of the conference call will be available on WTW's website, with an online replay accessible shortly after the call [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]
The sun is shining on renewable energy, according to latest Willis Renewable Energy Market Review
Globenewswire· 2025-07-09 11:09
Core Insights - Carbon-based clean technologies are expected to see only marginal growth, while renewable and clean energy technologies are projected to grow exponentially to meet rising global demand [1] - The Renewable Energy Market Review 2025 highlights emerging market dynamics, innovations, and strategies to navigate global uncertainty [2] Market Trends - The review discusses the next wave of renewable energy innovations and emphasizes that low carbon power generation extends beyond wind and solar [2] - The market is advancing data and analytics, integrating climate risk models, and enhancing risk management tools for renewable energy projects [3] - Increased insurance capacity is entering the market as insurers aim to capture growth in renewable energy, leading to softer pricing and broader terms [3] Challenges and Innovations - Softening market conditions are driven by an oversupply of capacity, intensifying competition among insurers and driving pricing downward [6] - Natural catastrophe losses from severe weather events pose significant challenges to assets [6] - Innovations in peril diagnostics and parametric solutions are evolving to help manage market volatility and uncertainty [6] - Emerging technologies such as kinetic infrastructure, solar-integrated materials, nuclear fusion, and gravity-based storage are gaining momentum in reshaping the energy landscape [6]
WTW Outperforms Industry, Trades at a Discount: How to Play the Stock
ZACKS· 2025-07-08 15:51
Core Insights - Shares of Willis Towers Watson Public Limited Company (WTW) have increased by 18.7% over the past year, outperforming the industry and the Zacks S&P 500 composite, which grew by 10.2% and 12.3% respectively, but underperformed the Finance sector's return of 21.5% [1] - The company has a market capitalization of $30.27 billion, with an average trading volume of 0.7 million shares over the last three months [1] Financial Performance - WTW has consistently surpassed earnings estimates in the last four quarters, with an average beat of 15.99% [2] - The average target price for WTW shares is $364.71, suggesting an upside potential of 18.9% from the last closing price [9] - The Zacks Consensus Estimate for WTW's 2026 earnings per share and revenues indicates increases of 14.1% and 5.3% respectively from 2025 estimates [4] Valuation Metrics - WTW shares are currently trading at a price to forward 12-month earnings ratio of 17.17X, which is lower than the industry average of 21.58X, presenting a better entry point for investors [3] Growth Strategy - The company focuses on high-return core opportunities in Risk & Broking and Individual Marketplace, which are expected to drive long-term growth and shareholder value [12] - Strategic acquisitions have expanded WTW's global footprint and enhanced its product portfolio, contributing to revenue growth across most operating regions for 15 consecutive quarters [13][14] Shareholder Returns - WTW has a solid capital position, allowing it to distribute wealth to shareholders through dividend hikes and share repurchases, with a projected share repurchase total of approximately $1.5 billion in 2025 [15] Operational Challenges - Despite growth potential, WTW has faced rising expenses, including higher salaries and benefits, which have led to margin contraction [16] - The trailing 12-month return on equity (ROE) for WTW is 20.5%, which is below the industry average of 27.3%, indicating inefficiency in utilizing shareholders' funds [17]
Most US employers not budging on budgets, salary increases remain flat
Globenewswire· 2025-07-08 15:09
Core Insights - Average salary increase budgets for US companies in 2026 are expected to remain stable at 3.5%, matching the actual increases of 2025 [1] - Organizations are becoming more strategic in their pay allocation and investment focus, aiming to align with broader business goals despite economic uncertainty [3] Salary Budget Changes - Three out of five organizations experienced changes in their salary budgets during the last pay cycle, with 53% reporting no difference between anticipated and actual budgets for 2025 [2] - Among organizations projecting lower salary increases, 51% cited anticipated recession or weaker financial results, while 45% mentioned cost management concerns [2] - Tight labor markets (59%) and inflationary pressures (30%) were the main reasons for those projecting higher salary budgets [2] Employee Retention and Stability - Employee stability has improved, with less than one-third (30%) of organizations reporting challenges in attracting or retaining employees, a decrease of 11 percentage points since 2023 [4] - Organizations are taking actions to enhance employee experience, health and wellness benefits, and training opportunities in response to low turnover and concerns about burnout [5] Compensation Adjustments - Employers are adjusting compensation programs to address competitive labor markets and inflation, with 50% conducting a compensation review of all employees and 48% reviewing specific employee groups [6] - Over 40% of organizations have enhanced their use of retention bonuses or spot awards, and 37% have targeted base salary increases for specific employee groups [6] Payroll Expenses - The average annual payroll expense has increased by nearly 4% (3.6%), with 70% of organizations reporting higher total annual payroll expenses compared to the previous year [7] Strategic Investments - Employers are making investments beyond pay raises, focusing on career development, wellbeing, flexibility, and equity to enhance performance, retention, and resilience in a changing market [8] Survey Details - The Salary Budget Planning Report was compiled by WTW's Rewards Data Intelligence practice, with approximately 29,128 responses from companies across 157 countries, including 1,569 from the U.S. [9]
Willis launches $200m facility to tackle global geopolitical uncertainty for cargo owners
Globenewswire· 2025-07-08 11:02
Core Insights - Willis has launched 'Undercover', a $200 million insurance facility aimed at addressing geopolitical risks faced by cargo owners globally [1][2] - The product offers tailored coverage for various risks including war, terrorism, political violence, and confiscation, minimizing coverage gaps and claims disputes [2][3] - Undercover provides certainty of coverage during political instability and protects against fluctuating insurance costs due to changing country risk ratings [3][4] Company Overview - WTW, the parent company of Willis, operates in 140 countries, providing data-driven solutions in people, risk, and capital [5] - Willis has a long history in marine insurance, with over 650 specialists in marine risk and insurance, including more than 200 cargo insurance experts [6] - Markel, a partner in this initiative, is a leading global specialty insurer known for its people-first approach and expertise in complex specialty insurance needs [7]
WTW appoints Alena Kharkavets as Head of Claims in North America
Globenewswire· 2025-07-07 16:00
Core Insights - WTW has appointed Alena Kharkavets as the North American Head of Claims in its Insurance Consulting and Technology (ICT) business, indicating a strategic move to enhance its claims analytics capabilities [1][3]. Company Overview - WTW is a global advisory, broking, and solutions company that provides data-driven, insight-led solutions in the areas of people, risk, and capital, serving clients in 140 countries [5]. Leadership Background - Alena Kharkavets joins WTW from Intact Financial Corporation, where she spent nearly twenty years in various senior roles, gaining extensive expertise in pricing, claims, underwriting, M&A, digital distribution, and strategy [2]. Strategic Focus - Kharkavets will focus on advancing claims analytics by integrating data science and AI into claims processes, aiming to improve outcomes for both carriers and customers [3]. - She will also provide strategic advice on the effective use of data and analytics to enhance decision-making across client organizations [3]. Industry Positioning - Laura Doddington, Head of Personal and Commercial Lines at WTW, emphasized that Kharkavets' expertise in insurance pricing and claims analytics will be a significant asset as WTW aims to strengthen its position as a leading consulting and technology solutions provider in the insurance industry [4].