Willis Towers Watson Public : WTW takes the top spot in Advisen’s annual innovation Pacesetter Index
February 14, 2022
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ARLINGTON, VA, February 15, 2022 - WTW (Willis Towers Watson, NASDAQ: WTW) has been awarded the number one spot in Advisen's annual innovation Pacesetter Index. The company topped the Index having launched 16 new products and services in 2021.
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Our company's unique perspective and capabilities continue to help organizations achieve success in the face of an ever-changing risk landscape."
Carl Hess,
CEO, WTW
Carl Hess, CEO at WTW said: "WTW is delighted to be recognized for our growing investment in innovation. It's a testament to the resilience and commitment of our colleagues who have remained totally focused on delivering for our clients in these uncertain times. While recent events have challenged WTW and our clients alike, our company's unique perspective and capabilities continue to help organizations achieve success in the face of an ever-changing risk landscape. As we look to the future, this recognition reinforces our credentials and our dedication to delivering innovative and actionable solutions for today's complex challenges in people, risk, and capital."
The Pacesetter Index is Advisen's annual recognition of product innovation in the P&C insurance industry. Advisen (a provider of data, media and technology solutions for the commercial P&C insurance market) has been recording and publishing new-product announcements since 2008.
About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success-and provide perspective that moves you.
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Willis Towers Watson plc published this content on 15 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2022 16:01:07 UTC.
Willis Towers Watson Public Limited Company is a world leader in consulting, insurance brokerage and risk management software development. Revenues break down by activity as follows:
- human capital and social benefits consulting services (35.6%): consulting services in the organization, skills assessment, management and optimization of social benefits, compensation of executives and employees, etc. ;
- development of enterprise risk management solutions and services (31.9%): risk analysis, assessment consulting, effective risk management and anticipation services, design and development of software solutions for risk management. The group is also developing an insurance brokerage activity;
- risk/return balance management consulting services (17.7%): for investors, insurers and reinsurers. Additionally, the group offers insurance and reinsurance consulting services, financial management services, financing and investment strategies, as well as actuarial studies and expertise in mergers and acquisitions, etc., while developing software solutions for modeling and analysis of risks and financial activities;
- management and operation of a platform for the exchange and outsourcing of group health insurance plans and medical benefits (14.7%): allowing employees and retirees to choose the health coverage that meets their needs;
- other (0.1%).
Revenue is distributed geographically as follows: Ireland (1.7%), the United States (49.7%), the United Kingdom (20.5%) and other (28.1%).