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Willis Towers Watson

Willis Towers Watson’s International Pension Plan Survey Report 2019 was released at the end of January, 2020. The annual report summarises the results of their survey, which includes 932 international pension and savings plans (IPPs and ISPs) sponsored by 877 companies. In particular, the survey revealed that Assets Under Management (AUM) rose to €14.6bn (USD 15.8bn) from €13.6bn (USD 14.7bn), with the largest concentration sponsoring IPPs/ISPs from the banking

The French Prudential Supervision and Resolution Authority (ACPR) in January 2020 approved a reinsurance captive in France for payment solutions provider Worldline. The approval marks the first in almost 20 years, and only the fourth reinsurance captive in France. Worldline chose France as a jurisdiction based on the advice of Willis Towers Watson (WTW), which supported Worldline throughout all aspects of the process, from the initial opportunity study to

One year after having announced, then cancelled plans to merge with Willis Towers Watson (WTW), Aon in March 2020 announced an agreement to acquire WTW in what will be the industry’s largest ever merger. The purchase price is $30bn, paid in Aon shares, and the combined firm is valued at around $80b. Regulatory requirements may make a comprehensive takeover of WTW by Aon difficult, given that Aon and WTW

Airmic’s report, Managing Risk−The Human Factor, sheds light on the “unprecedented volatility with regards to people risk” and stresses the importance of HR, benefits, and risk professionals working together more closely. The report published in December 2019 in association with Arthur D. Little, Willis Towers Watson and Zurich, positions people risk around the people themselves instead of creating newer categories. This allows a view where risks which may have

Willis Towers Watson (WTW) in April 2019 announced that Carrie Burns has been named Director, Health and Benefits, and based in Washington D.C. Burns was previously Client Relationship Director at WTW, and based in the Richmond, Virginia, area, as well as a Senior Vice President and Director of Human Operations, Human Capital Practice, in Glen Allen, Virginia. She joined WTW in 2002 as a marketing manager. Previous to joining

Willis Towers Watson announced in March 2019 that Laurie Paillat has been promoted to Associate Director, based in Paris, France. Ms. Paillat joined WTW after serving as Global Benefits Manager for Criteo, a Paris-based software company. Prior to that, she was an employee benefits expert for EMEAR, Dassault Systèmes, based near Paris. She has also been a pension consultant for PricewaterhouseCoopers in London and Paris, and an actuary and

Rebecca Wheeler joined Willis Towers Watson (WTW) as International Benefits Manager as of March 2019. Wheeler previously held the same position with Phillip Morris International, where she had worked since 2012. She was also an International Consultant with Towers Watson from 2008 to 2012. Prior to that, she was a Regional Benefits Analyst and International Benefits Analyst at Microsoft. Wheeler holds a Master’s degree in Business Administration (MBA) from

Aon in March 2019 announced, then cancelled plans to merge with Willis Towers Watson (WTW) in what would have been the industry’s largest ever merger. The cancellation announcement was made just one day after Aon announced it was considering a takeover bid for WTW. According to a statement released on Tuesday, March 5, Aon was in the early stages of exploring an all-share tie-up with WTW, and indicated that

Willis Towers Watson (WTW) in February 2019 published the 2019 edition its annual “Global benefits financing matrix and poolable coverages” table. An indispensable tool of the trade for global employee benefits practitioners, it is available for download as a PDF. The matrix “provides a complete listing of the eight global benefits networks, and their affiliated insurers across 200 countries and the offshore (third-country national or expat) capabilities for each.”

Employer-provided health care benefits costs are expected to increase modestly around the globe in 2019, according to the 2019 Global Medical Trends Survey of medical insurers published in November 2018 by Willis Towers Watson (WTW). Insurers blame the high cost of medical technology and the overuse and overprescribing of services as major factors in escalating costs and caution that soaring pharmacy costs will become a significant factor over the

Willis Towers Watson (WTW) in October 2017 announced that it has appointed Neil B. J. Irwin as the new leader of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region, reporting to Adam Garrard, WTW’s head of International. Irwin will also act as head of Corporate Risk and Broking for CEEMEA. The CEEMEA is a diverse and high-growth region with around 2,300 WTW employees in more than

Chris Mayo – Head of Global Services & Solutions, Non-North America,Willis Towers Watson Global Benefits Vision: Tell us about your career in Global Employee Benefits. Christopher Mayo: I have been involved with international employee benefits since 1990, when I was one of four people who set up the international practice at R. Watson & Sons. In 1995 I had the opportunity to work in Milan.

Chris Mayo has been appointed in June 2016 Head of Global Services and Solutions (non-North America) at Willis Towers Watson. The Global Services and Solutions team works with local colleagues all around the world to ensure Willis Towers Watson delivers to the global needs of its multinational clients. A First class honours graduate in Mathematics of the University of Nottingham and a Fellow of the Institute and Faculty of

A majority of employers are using metrics beyond health care cost savings in order to determine the total value of their investment in workplace wellness programs, according to new survey results. Nearly two-thirds of the 703 employers polled in May and June of this year for Willis North America Inc.’s 2015 Health and Productivity Survey said they rely primarily on value-of-investment measurements — such as health risk reduction, worksite

Willis combines with Towers Watson to create a new $18 billion insurance, personnel, and risk company. Willis shareholders will own 50.1% of the new Ireland-based company, Willis Towers Watson. The new $18-billion company has annual revenue of about $8.2 billion and 39,000 staff in 120 countries, and advises more than 80% of the world’s top 1,000 companies.