WTW
-
The CEO said winning back clients had “validated” the broker’s approach. -
Risk and broking was driven by new business, client retention and rates.
-
The role marks Miranda Rodriguez’s return to WTW from Brookfield Asset Management, where she was vice president of risk and insurance.
-
In October 2023, it was announced that Powell was leaving Marsh to join WTW as the broker’s global chief claims officer.
-
The broker said there was a “record level of dry powder” waiting to be deployed.
-
Joining WTW in 2010, Despina Buganski has served as COO for the Ppersonal lines business since 2015.
-
Tyson Stevenson will be responsible for producing new business and driving growth in WTW’s real estate portfolio for 2024.
-
Commercial Property experienced the greatest rate increase, with a double-digit surge that came in slightly lower than the previous quarter.
-
The appointment comes two weeks after this publication revealed that the executive had resigned from Lockton to join the rival broker.
-
The broker said reinsurance capacity has contracted over the past 18 months, and the once-diamond-hard aviation war market has started to soften.
-
WTW also said private equity will continue to dominate the M&A landscape in 2024, with firms sitting on “over $2tn in dry powder” which is ready to deploy.
-
The broker said it anticipated new entrants in the downstream class following a profitable 2023.
Related
-
Agency deal roundup: MMA, WTW, AJG, Amwins, IMA and more
April 04, 2025 -
Facilitization, or how London is coming to eat your lunch
March 06, 2025 -
Strong potential for ‘sharp change’ in aviation market in 2025: Willis
February 20, 2025