WTW expands Japan's Corporate Risk & Broking business with new insurance brokerage service

Core Viewpoint - WTW is expanding its Corporate Risk & Broking business in Japan by launching an insurance brokerage service aimed at commercial clients and partner brokers, under the entity WTW Broker Japan Co., Ltd. [1] Group 1: Business Expansion - The new service will provide insurance solutions and wholesale facultative reinsurance placement services to commercial clients and partner brokers in Japan [1] - The expansion aims to introduce specialty broking solutions to Japanese companies, particularly focusing on large corporates and those with overseas business interests [2] Group 2: Market Focus - WTW will concentrate on specialty segments such as Natural Resources, Marine, Construction, Aviation, and Crisis Management, among others [2] - The existing agency will continue to support domestic corporate business and Japanese companies with global programs [3] Group 3: Leadership and Expertise - Tetsuro Nakazawa, with 25 years of experience in the insurance industry, will lead the new brokerage operation, which will include over 10 brokers and risk advisors by early next year [4][3] - Tetsuro emphasizes the growing importance of independent international brokers in Japan's transforming corporate insurance market [5] Group 4: Client Support and Risk Mitigation - WTW aims to support clients in mitigating risks related to technology, cyber threats, supply chain issues, and climate transition [3] - The company plans to leverage its global expertise and extensive network to provide the right insurance coverage for complex risks [5]