WTW survey: 51% of semiconductor sector unsure if extreme weather cover sufficientMore than half (51 percent) of the senior decision makers in the semiconductor sector are not confident their insurance cover is sufficient in the event of extreme weather impacting their supply chain, according to a new survey by WTW.
Head of Marsh Dallas office Christian Ryan joining WTWWTW has continued its recent high level recruitment drive with the hire of Christian Ryan who had until recently led the Dallas office of rival broking house Marsh, The Insurer can reveal.
WTW construction hires temporarily restrained from soliciting Aon clients and employeesA judge has granted Aon’s request that eight of its Boston-based construction and infrastructure (C&I) team that joined WTW be temporarily restrained from soliciting relevant Aon clients and employees.
WTW management says revenue and margin growth will follow headcount expansionWTW’s management has reassured investors that work to rebuild the company’s talent base during the first half of 2022 will position the broker for strong results in the second half of the year and beyond.
WTW posts organic growth of 3% as adjusted EPS narrowly beats consensusWTW posted organic growth of 3 percent for the second quarter of 2022 and said it remains on target for its mid-single digit full-year target.
Aon and WTW: From courting to the courtroomAon’s recent move to sue WTW over its lift out of a team of Massachusetts-based construction specialists is perhaps a sign that the rivalry has fully returned to normal between two broking giants that just a year ago were presenting a united front.
WTW confirms Helander-led Houston energy hiresWTW has announced the arrival of a team of five senior Houston-based energy brokers led by Marsh executive Bill Helander, after this publication exclusively linked them with the move earlier on Thursday.
WTW linked in bold Houston raid on rivals’ energy talentA flurry of senior Houston-based energy brokers have resigned in the past few days with WTW linked as the orchestrator behind the moves, The Insurer can reveal.
UK motor premiums up 6% in 12 months as inflation bitesThe cost of a comprehensive motor insurance policy in the UK has increased by 6 percent over the last 12 months, as a combination of rising accident frequency after the pandemic lull and surging inflation places upwards pressure on prices.
Aon sues WTW over Boston-based construction hiresAon has sued WTW and eight of the 11-strong team that resigned from its construction and infrastructure (C&I) group last month, alleging they have breached their contractual obligations.
WTW bolsters aviation practice with Piiq senior partners Gunning and ReadWTW has continued to build out its aviation practice with the hire of Danny Gunning, The Insurer can reveal, one of two new hires alongside Kerrigan Read.
Aon takes WTW’s Hannon to be new US chief broking officer for casualtyAon has hired Matthew Hannon from WTW to head up broking in its US casualty practice, The Insurer can reveal.
Aon Re hits back at WTW in Miami fac hires dispute despite settlement talksAon Re has made a filing in support of its motion to dismiss WTW’s lawsuit against it and fac hires it made in Miami last year, with the litigation proceeding despite the parties last month suggesting they may be close to a settlement.
WTW names Martinez LatAm head as Maurette readies for retirementWTW has named Hector Martinez as its new head of Latin America with the long-serving company veteran succeeding Luis Maurette who will retire at year end.
Fitch goes positive on WTW debt ratings as cash flow generation improvesFitch has revised its outlook to positive on WTW’s issuer ratings, with the rating agency believing the broker will be focused in the coming years on improving its operating profitability and maintaining a balanced approach to capital allocation.
WTW takes Aon’s Belhout and Lavallée to lead French unitWTW has named Laurent Belhout as its new head of France and André Lavallée as head of Corporate Risk and Broking (CRB) in the country.
Judge grants WTW preliminary injunction against Alliant surety hiresA North Carolina district court judge has granted a preliminary injunction to WTW in its lawsuit against Alliant and three of its former surety practice employees.
WTW names Schepers global head of ICT with Underwood to retireWTW has appointed Frank Schepers to lead its Insurance Consulting and Technology (ICT) business, replacing Alice Underwood who will retire from the broker in August.
WTW appoints Modhvadia as head of structured risk for global facWTW has appointed Sudhir Modhvadia as head of structured risk – global facultative.
WTW adds EY’s Mayers to ICT unitWTW has appointed Taffy Jo Mayers to lead commercial lines pricing and underwriting propositions within its Insurance Consulting and Technology business.