Willis Towers Watson(WTW)

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WTW appoints Eric McMurray chairman of Health, Wealth & Career and Anne Pullum as global Health & Benefits business leader
Globenewswire· 2025-06-03 14:02
Group 1 - Towers Watson has appointed Eric McMurray as Chairman of Health, Wealth & Career, effective July 1, 2025, to support M&A readiness, strategy execution, client growth, and senior leadership development [1] - Anne Pullum will succeed McMurray as the global leader of the Health & Benefits business while continuing her role as co-head of Corporate Development [2] - Julie Gebauer, President of Health, Wealth & Career, praised McMurray's leadership in transforming the Health & Benefits business and expressed confidence in Pullum's ability to build on past successes [3] Group 2 - WTW provides data-driven, insight-led solutions in people, risk, and capital across 140 countries, helping organizations enhance strategy, resilience, and performance [4]
WTW Rises 24.7% in a Year but Lags Industry: How to Play the Stock
ZACKS· 2025-05-28 14:16
Core Viewpoint - Shares of Willis Towers Watson Public Limited Company (WTW) have increased by 24.7% over the past year, outperforming the Finance sector and the Zacks S&P 500 composite, which grew by 17.4% and 9.3% respectively, although WTW underperformed the industry's growth of 26.5% during the same period [1] Group 1: Financial Performance - WTW has a market capitalization of $30.99 billion and an average trading volume of 0.6 million shares over the last three months [1] - The Zacks Consensus Estimate for WTW's 2026 earnings per share and revenues indicates an increase of 13.8% and 5.3% respectively from the 2025 estimates [5] - WTW shares are trading at a price to forward 12-month earnings ratio of 17.75X, which is lower than the industry average of 22.63X, providing a better entry point for investors [4] Group 2: Growth Strategy - WTW's growth strategy focuses on improving operating margins, increasing free cash flow conversion, and driving sustainable revenue growth, particularly in Risk and Broking and Individual Marketplace [6] - The company has experienced revenue growth in most operating regions for 15 consecutive quarters, supported by strong customer retention and geographic diversification [8] Group 3: Capital Management - WTW has been enhancing its liquidity while maintaining a solid balance sheet, which is expected to facilitate capital deployment for buybacks, dividends, debt repayments, and acquisitions [9] - The company plans to distribute wealth to shareholders through dividend hikes and share repurchases, with a projected share repurchase total of approximately $1.5 billion in 2025 [10] Group 4: Challenges - Despite growth potential, WTW has faced rising expenses, including higher salaries, operating costs, and consulting fees, which have led to margin contraction [11] - WTW's trailing 12-month return on equity (ROE) is 20.5%, which is below the industry average of 27.3%, indicating inefficiency in utilizing shareholders' funds [12] Group 5: Overall Assessment - WTW possesses a strong product portfolio and a solid track record of strategic acquisitions, with favorable growth estimates in its Health, Wealth & Career and Risk & Broking segments [13]
Grant Williamson appointed as Canada Leader for Willis
Globenewswire· 2025-05-20 12:17
Core Insights - Willis, a WTW business, has appointed Grant Williamson as the Canada leader within the Corporate Risk and Broking (CRB) business, reflecting the company's commitment to growth in the Canadian market [1][2] Group 1: Appointment and Role - Grant Williamson will collaborate with the Canadian leadership team and leaders across North America to implement the Canadian growth strategy through targeted initiatives and enhanced local execution [2] - Williamson's appointment signifies a deepening of leadership presence in Canada, aimed at driving continued growth in this key market [2] Group 2: Background and Experience - Williamson has 20 years of experience in enterprise risk management, property and casualty insurance, and employment practices liability, with a proven track record in delivering client-focused risk solutions [3] - Prior to joining WTW in October 2024, Williamson held senior roles in the insurance industry, including National Corporate Segment & Central Zone Leader at Marsh and Managing Director of the Toronto Branch at JLT Canada [3] Group 3: Leadership Comments - Pat Donnelly, Head of Risk & Broking North America, emphasized Williamson's strategic perspective and expertise in the Canadian market as essential for expanding the company's presence [4] - Ionel Rizea, Chief Commercial Officer, expressed excitement about Williamson's innovative approach to risk management, which is expected to drive significant client value and growth for the Canadian business [4]
Navigating Supply Chain Risks and Insurability
Globenewswire· 2025-05-15 08:00
Core Insights - WTW launched its 2025 Global Supply Chain Risk Survey, revealing significant shifts in supply chain risk management among businesses [1][2] Group 1: Survey Overview - The survey involved 1,000 senior decision-makers from companies with annual revenues exceeding $250 million, including risk managers, supply chain and logistics managers, and CEOs [2] - Conducted in November 2024, the survey serves as a follow-up to the 2023 Global Supply Chain Risk report [1][2] Group 2: Key Findings - Cybersecurity and supplier contract vulnerabilities are now critical concerns in enterprise risk management [6] - Digital transformation and data availability are prioritized, with a focus on aligning supply chain goals with broader organizational objectives [6] - Companies are enhancing executive oversight and forming specialized risk management teams, indicating opportunities for future development despite existing gaps in comprehensive risk management strategies [6] Group 3: Expert Commentary - Simon Sølvsten emphasized the complexity of supply chains and the challenges in maintaining oversight of inherent risks for organizational resilience [4] - Hugo Wegbrans highlighted the need for thorough risk understanding and quantification in the insurance industry to ensure appropriate premium pricing and competitiveness [4]
WTW appoints Luke Ware as Head of Asia to accelerate regional growth
GlobeNewswire News Room· 2025-05-15 06:00
Core Viewpoint - WTW has appointed Luke Ware as Head of Asia, expanding his role alongside his current position as Head of Corporate Risk & Broking, Asia, to enhance the company's growth and client service in the region [1][2]. Group 1: Appointment and Responsibilities - Luke Ware will collaborate with WTW business leaders across various sectors to drive innovation and deliver solutions tailored to the needs of clients in Asia [2]. - With over 20 years of experience in broking and risk management, Luke has a strong background in the insurance sector across Australia, London, and Asia [2]. Group 2: Leadership and Vision - Pamela Thomson-Hall, Head of International at WTW, highlighted Luke's strategic vision and leadership qualities, which have been crucial for the growth of WTW in Asia [3]. - Luke expressed his commitment to understanding client needs and leveraging WTW's solutions to create actionable opportunities for business success in a complex environment [3]. Group 3: Company Overview - WTW provides data-driven, insight-led solutions in people, risk, and capital, serving clients in 140 countries and markets [4]. - The company focuses on enhancing organizational resilience and maximizing performance through collaboration with clients [4].
Willis leverages Moody's flood data and analytics in its risk modeling suite
GlobeNewswire News Room· 2025-05-05 23:42
LONDON, May 06, 2025 (GLOBE NEWSWIRE) -- WTW is excited to announce the integration of Moody's detailed global flood data into Willis' proprietary risk management tools. This enhanced integration builds upon our strong partnership with Moody's, which already incorporates Moody's catastrophe models into Willis' Property Quantified platform and reflects our shared vision to modernize risk management through advanced modeling and technology. By leveraging Moody's insurance market leading analytics and modeling ...
UPDATE - WTW appoints Deputy Regional Leader to North America
Globenewswire· 2025-05-05 19:56
Core Insights - Willis, a WTW business, has appointed David Lofstrom as Deputy Regional Leader for New England within Corporate Risk and Broking in North America [1][2] - Lofstrom's role will focus on identifying new opportunities and accelerating growth in the New England region while enhancing client value through collaboration with Industry Vertical Division leaders [2][3] - Lofstrom brings over thirty years of industry experience, previously serving as Area President at Gallagher in the Greater Boston region, where he managed branch performance and business development [3][4] Company Strategy - The appointment of Lofstrom aligns with WTW's growth strategy for North America, particularly in sales and business development [4] - WTW aims to provide innovative solutions to clients, leveraging Lofstrom's background in brokerage and risk management [4] Organizational Structure - Lofstrom will be based in Boston and report directly to Ionel Rizea, Chief Commercial Officer for CRB North America [3]
WTW appoints Deputy Regional Leader to North America
Globenewswire· 2025-05-05 17:12
Core Insights - Willis, a WTW business, has appointed David Loftstrom as Deputy Regional Leader for New England within Corporate Risk and Broking in North America [1][2] - Loftstrom's role will focus on identifying new opportunities and accelerating growth in the New England region while enhancing client value through collaboration with Industry Vertical Division leaders [2][3] - Loftstrom brings over thirty years of industry experience, previously serving as Area President at Gallagher in the Greater Boston region, where he managed branch performance and business development [3][4] Company Strategy - The appointment of Loftstrom aligns with WTW's growth strategy for North America, emphasizing sales and business development [4] - The company aims to provide innovative solutions to clients, leveraging Loftstrom's background in brokerage and risk management [4] Organizational Structure - Loftstrom will be based in Boston and report directly to Ionel Rizea, Chief Commercial Officer for CRB North America [3]
Despite macroeconomic headwinds, strategic buying opportunities are in-play
Globenewswire· 2025-05-02 15:05
Core Insights - The current commercial insurance market is characterized by a surplus in capacity, providing opportunities for buyers to secure favorable terms and broaden coverage options [1][2][5] - The U.S. policyholder surplus has exceeded $1 trillion, and global reinsurance capital has surpassed $700 billion, indicating historic financial strength in the commercial insurance market [2] - Increased negotiating power and flexibility for buyers are evident, allowing for reassessment of strategies and broader risk financing options [3][5] Market Dynamics - The market is experiencing renewed competition and ample capital, signaling a healthy buyer's market in 2025 [5] - Insurance carriers are pursuing growth strategies based on stabilized rate adequacy, leading to broader underwriting appetites and competitive pricing [2][5] - New market entrants and innovative solutions, such as Willis' 'Gemini auto-follow facility', are enhancing options for buyers to manage emerging risks [3] Pricing Trends - Price predictions for various insurance lines in 2025 show a range of increases and decreases, with notable categories including: - General liability: +2% to +8% [6] - Umbrella (high hazard): +10% to +15% [6] - Auto: +10% to +20% [6] - Cyber: -5% to +5% [8] - Specific risks such as terrorism and political violence are projected to see declines, with terrorism rates ranging from -10% to -2.5% [8] Expert Insights - The latest report includes expert commentary from industry leaders, providing valuable perspectives on market conditions and emerging risks [4] - A new segment on policy wordings addresses critical clauses affected by tariff-related risks, highlighting the importance of clarity in coverage [4]
WTW Strengthens Middle East Capabilities with Al-Futtaim Willis change
GlobeNewswire News Room· 2025-05-02 08:08
Core Insights - WTW announced a change in ownership of its joint venture, Al-Futtaim Willis (AFW), with Al-Futtaim selling its 51% stake, allowing WTW to fully manage the business upon regulatory approval [1][2] - This strategic move aligns with WTW's investment strategy focused on optimizing its global portfolio and enhancing its broking businesses in the Middle East [2][3] - The transaction is expected to close in the second half of 2025, pending regulatory approval [1][2] Company Overview - WTW is a global advisory, broking, and solutions company, providing data-driven solutions in people, risk, and capital across 140 countries [3] - Al-Futtaim, established in the 1930s, is a diversified regional business based in Dubai, operating in sectors such as automotive, financial services, real estate, retail, and health, employing over 33,000 people [4][5][6] Strategic Implications - The integration of AFW will enhance WTW's service offerings in the UAE and the wider region, providing clients with improved access to specialist expertise and global placement capabilities [2][3] - WTW's commitment to invest in the Middle East is further demonstrated by its recent establishment of insurance and reinsurance broking entities in Saudi Arabia [2]