Willis Towers Watson PLC (WTW) is a global advisory, broking and solutions company that aids clients across the world to turn risk into a growth-driving path. The company was formed from the merger of Willis Group Holdings, a British insurance broker, and Towers Watson & Co., a U.S. based risk management and human resources consulting firm, in January 2016. Its services include corporate risk and broking, investment, human capital and benefits, and private exchange solutions.
With a rich history dating back to 1828, WTW has more than 45,000 employees in over 140 countries. The company is headquartered in London, United Kingdom but it has a significant presence in the United States and claims to serve 86% of Fortune Global 500 companies. It is a component of the S&P 500 and has been publicly traded on the NASDAQ stock exchange under the symbol "WTW" since 2016.
WTW's Corporate Risk and Broking segment provide risk management solutions and services for numerous industries like aerospace, marine, construction, and financial institutions. It focuses on identifying, evaluating, and mitigating potential risks a client might face while operating in their particular field.
The Investment, Risk, and Reinsurance segment provides risk transfer solutions, retirement solutions, and investment consulting services. It specializes in establishing a secure retirement plan strategy and execution, including the provision of actuarial services.
WTW's Human Capital and Benefits segment primarily focuses on providing advice, data, software, and services to help companies manage employee engagement, health and benefits, talent, and rewards. This includes health and group benefits consulting and brokerage services.
In the world of risk management and consulting services, Willis Towers Watson stands as one of the industry's giants, known not only for its vast geographic reach but also for its commitment to comprehensive, client-centric solutions. By continuously evolving to cater to the changing risk landscape and needs of its customers, WTW has maintained a leading position in its industry. Its expertise and holistic approach to risk management make it a key player in helping businesses transform risk into opportunities.