Willis Towers Watson Public Limited Company history, profile and corporate video
Willis Towers Watson Public Limited Company is an Anglo-American global advisory, broking and solutions company headquartered in London, United Kingdom. It was formed on January 5, 2016, as a merger of equals between Willis Group Holdings plc and Towers Watson & Co.
Willis Group Holdings plc
Willis Group Holdings plc was a London-based multinational risk advisor, insurance brokerage and reinsurance brokerage company. It was founded by Henry Willis as Henry Willis & Co. in London in 1828.
Towers Watson & Co.
Towers Watson & Co. was an Arlington, VA-based global professional services firm, which helps organizations to improve performance through people, risk and financial management. It was formed on January 4, 2010, by the merger of Towers Perrin and Watson Wyatt Worldwide.
On March 9, 2020, Aon announced its planned acquisition of Willis Towers Watson Plc.
The company operates through the following business segments: People, Risk, and Capital.
The People segment involves employee health & benefits, executive compensation, wellbeing to the future of work, and new ways to motivate people, manage resources and implement programs that give organizations a competitive edge based on leading-edge thinking, data, analytics, and software.
The Risk segment focuses on cyber risk consulting, insurance broking, and advisory services. The company crafts strategies to quantify, mitigate and transfer risk.
The Capital segment helps its clients to find new ways to release capital, invest optimally and execute transactions.
With over 45 000 employees in more than 140 countries, Willis Towers Watson Plc is considered one of the largest insurance brokers in the world. According to Forbes, it is considered one of the top 2000 largest public companies in the world.
*Information from Forbes.com, Wikipedia.org, and www.willistowerswatson.com.
**Video published on YouTube by “Willis Towers Watson“.