VISIT WEBSITE - TOWERSWATSON
towerswatson, now officially known as WTW, is a leading global advisory, broking, and solutions company. It provides data-driven insights and strategic advice to clients in the areas of risk management, employee benefits, retirement, and organizational performance. The company was formed in 2016 through the merger of Willis Group Holdings and Towers Watson.
Founding and History
- Willis Group Holdings: Founded in 1828, it was primarily a global insurance brokerage firm.
- Towerswatson: Established in 2010 from the merger of Towers Perrin and Watson Wyatt Worldwide, both with a history of providing human resource and financial consulting services.
The combined entity, Willis Towers Watson, rebranded to WTW in 2022 to unify its identity.
Services and Expertise
WTW operates across a wide range of industries and markets, offering services in four key areas:
- Risk and Broking: Insurance broking, risk assessment, and claims management solutions.
- Human Capital and Benefits: Services like employee benefits design, retirement planning, health and welfare consulting, and workforce analytics.
- Investment, Risk, and Reinsurance: Asset management strategies, reinsurance solutions, and investment consulting.
- Corporate and Executive Compensation: Advice on pay structures, governance, and leadership incentives.
Global Presence
towerswatson operates in over 140 countries with a workforce exceeding 45,000 employees. Its global reach and expertise make it a trusted advisor to multinational corporations, governments, and non-profits.
Business Philosophy
towerswatson’s mission is to help clients turn risk into opportunities and enhance organizational performance. The company focuses on innovation, data analytics, and collaborative partnerships to provide tailored solutions.
Competitors
WTW competes with firms like Mercer, Aon, and Gallagher in the risk and human capital advisory space. Its combination of consulting and brokerage services sets it apart.
