Willis Towers Watson has announced the formation of a new Crisis Management Unit with the merger of the Special Emergency Risks (SCR) and Terror and Political Violence teams, which will sit within its global Financial Solutions business line.
Led by Jo Holliday, Managing Director of SCR, the new unit works globally and is dedicated to crisis and emergency risk management for a large number of multinational clients.
The Crisis Management segment covers the following areas: special crime (kidnapping and ransom, extortion, hijacking, maritime piracy, political evacuation), terrorism, political violence, accident and health (including personal accident, business trips, contingency, sports and entertainment) and active aggressor. These proposals continue to be supported by the Risk Advisory and Crisis Support services of the Alert: 24 team, SCR’s internal security risk consulting and crisis management practice.
“Crisis management and security risks are recognized as a concern for many of our clients at the board level. Increasingly, our clients view geopolitical risks as a macro trend, and this was confirmed by a recent survey in which over 50% of our clients cited security concerns and business travel as contributing factors. key risks, ”commented Alastair Swift, Head of Global Business Lines, Risk. & Brokerage.
“By creating a new crisis management business segment, we will be able to deliver a specialized global proposition that covers all industry sectors and all geographies,” said Christophe Meurier, Head of Global Financial Solutions Division . “The new combined team will provide a highly specialized and innovative proposition that will allow us to expand our customer demographics and accelerate our growth strategy in this area. “
Source: Willis Towers Watson
Commercial lines Business Insurance New markets Willis Towers Watson Risk Management
Was this article helpful?
Here are other articles you might like.
Interested in Business insurance?
Receive automatic alerts for this topic.