Workflow
Willis Towers Watson(WTW)
icon
Search documents
WTW debuts new Insurance Pricing and Underwriting Technology to accelerate speed to market in Guidewire PolicyCenter
Newsfilter· 2025-02-06 13:40
Core Insights - WTW has launched a new accelerator for its Radar rating and analytics engine, specifically designed for integration with Guidewire's PolicyCenter, enhancing operational efficiency for insurance clients [1][2][4] Group 1: Product Features and Benefits - Radar is an end-to-end solution tailored for the insurance sector, providing advanced analytics and real-time decision-making for pricing and underwriting [2][5] - The new Guidewire accelerator allows for faster integration of Radar with PolicyCenter, significantly reducing implementation time and costs for insurers [2][4] - The integration enables insurers to update market pricing in minutes, providing a competitive edge in a rapidly changing market [4] Group 2: Market Demand and Industry Context - There is a growing market demand for innovative insurance solutions, with pricing and underwriting teams facing pressure to deliver new products while adhering to regulatory requirements [3] - Radar has been recognized as a proven solution that supports insurers in navigating the complexities of the current insurance landscape [3] Group 3: Company Overview and Expertise - WTW's Insurance Consulting and Technology (ICT) business employs over 1,200 professionals and focuses on providing advisory services and technology solutions to the insurance industry [6][8] - The company serves a diverse range of clients globally, including leading insurance groups, with over 1,000 client companies utilizing its specialized software [7]
Willis appoints Stephen Kyriacou Head of Litigation and Contingent Risk Solutions in North America
Globenewswire· 2025-02-05 13:00
Core Insights - Willis, a WTW business, has appointed Stephen Kyriacou as Head of Litigation and Contingent Risk Solutions, and Senior Director of Transactional Solutions for North America, focusing on specialized insurance solutions for litigation and contingent risks [1][3] Company Overview - WTW provides data-driven, insight-led solutions in the areas of people, risk, and capital, serving clients in 140 countries and markets [5] Leadership and Expertise - Stephen Kyriacou has over a decade of experience in the legal and insurance industries, previously serving as Managing Director and Senior Lawyer in Aon's Litigation Risk Group, where he structured customized insurance policies for various industries [2][4] - Kyriacou is recognized as a leader in the market, having been named a Risk & Insurance "Power Broker" for three consecutive years from 2022 to 2024 [3] Strategic Focus - At WTW, Kyriacou will expand the firm's litigation and contingent risk solutions practice, focusing on structuring and placing customized risk transfer strategies [3] - His appointment reflects WTW's commitment to providing innovative solutions to help clients manage complex exposures [4]
Willis Towers Watson(WTW) - 2024 Q4 - Earnings Call Presentation
2025-02-05 02:12
WTW Although we believe that the assumptions underlying our forward-looking statements are reasonable, any of these assumptions, and therefore also the forward-looking statements based on these assumptions, could themselves prove to be inaccurate. Given the significant uncertainties inherent in the forward-looking statements included in this document, our inclusion of this information is not a representation or guarantee by us that our objectives and plans will be achieved. Our forward-looking statements sp ...
Willis appoints Mike Giacobbe as Client Strategy Leader, Corporate Risk & Broking, North America
GlobeNewswire News Room· 2025-02-04 17:20
NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Willis, a WTW business, (NASDAQ: WTW), today announced the appointment of Mike Giacobbe as Client Strategy Leader for Corporate Risk & Broking, North America. Giacobbe will report to Adam Garrard, Chairman, Global Risk & Broking. In this new role, Giacobbe will drive an integrated value proposition that brings consistent service across client segments, ensuring every client gets the right, relevant service and expertise for their specific needs. Giacobbe will also ...
Willis appoints Mike Giacobbe as Client Strategy Leader, Corporate Risk & Broking, North America
Newsfilter· 2025-02-04 17:20
Core Insights - Willis, a WTW business, has appointed Mike Giacobbe as Client Strategy Leader for Corporate Risk & Broking in North America [1][4] - Giacobbe's role will focus on delivering consistent service across client segments and maximizing the use of consulting capabilities and analytics tools [2][4] Company Overview - WTW provides data-driven, insight-led solutions in the areas of people, risk, and capital, serving 140 countries and markets [5] - The company aims to help organizations sharpen their strategy, enhance resilience, motivate their workforce, and maximize performance [5] Leadership Background - Giacobbe previously held leadership roles at Marsh, JLT, and Aon, focusing on consulting, analytics, and claims advisory capabilities [3] - He holds a doctorate in Nuclear Engineering from the University of Illinois and will join Willis in Q2 2025 [4]
Willis Towers Q4 Earnings Surpass Estimates on Higher Revenues
ZACKS· 2025-02-04 15:55
Willis Towers Watson Public Limited Company (WTW) delivered fourth-quarter 2024 adjusted earnings of $8.13 per share, which beat the Zacks Consensus Estimate by 1.5%. The bottom line increased 9% year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.The quarterly results of WTW were aided by an increase in revenues and expanded operating margins at the Health, Wealth & Career and Risk & Broking segments. Higher adjusted operating income and reduced expenses also added to the ups ...
Willis Towers Watson (WTW) Reports Q4 Earnings: What Key Metrics Have to Say
ZACKS· 2025-02-04 15:37
For the quarter ended December 2024, Willis Towers Watson (WTW) reported revenue of $3.04 billion, up 4.2% over the same period last year. EPS came in at $8.13, compared to $7.44 in the year-ago quarter.The reported revenue represents a surprise of -0.37% over the Zacks Consensus Estimate of $3.05 billion. With the consensus EPS estimate being $8.01, the EPS surprise was +1.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...
Willis Towers Watson (WTW) Q4 Earnings Beat Estimates
ZACKS· 2025-02-04 13:15
Willis Towers Watson (WTW) came out with quarterly earnings of $8.13 per share, beating the Zacks Consensus Estimate of $8.01 per share. This compares to earnings of $7.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.50%. A quarter ago, it was expected that this advisory, broking and solutions company would post earnings of $2.68 per share when it actually produced earnings of $2.93, delivering a surprise of 9.33%.Over th ...
WTW Reports Fourth Quarter and Full Year 2024 Earnings
Globenewswire· 2025-02-04 11:05
Revenue1 increased 4% over prior year to $3.0 billion for the quarter and increased 5% to $9.9 billion for the yearOrganic Revenue growth of 5% for both the quarter and the yearDiluted Earnings per Share was $12.25 for the quarter, up 105% over prior year, and Diluted Loss2 was $0.96 for the year.Adjusted Diluted Earnings per Share was $8.13 for the quarter, up 9% from prior year, and $16.93 for the year, up 17% over prior year Operating Margin was 29.7% for the quarter, up 300 basis points over prior year, ...
Willis Towers Watson(WTW) - 2024 Q4 - Annual Results
2025-02-04 11:00
EXHIBIT 99.1 WTW Reports Fourth Quarter and Full Year 2024 Earnings LONDON, Feb. 04, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW) (the "Company"), a leading global advisory, broking and solutions company, today announced financial results for the fourth quarter ended December 31, 2024. "WTW is entering 2025 with considerable momentum after delivering on our 2024 financial targets through solid revenue growth, robust margin expansion and earnings growth," said Carl Hess, WTW's chief executive officer. "The suc ...