Willis Unveils Global Risk Engineering Initiative for Clients
Willis Introduces Global Risk Engineering Team
Willis, a notable name in risk management services, has initiated an impressive step by launching its Global Risk Engineering team. This move marks a pivotal enhancement within its Global Risk & Analytics (R&A) department, aiming to elevate specialization on a global scale.
Enhancing Engineering Capabilities
With this new team, Willis intends to consolidate its engineering capabilities, making them more robust and tailored for their clients. The enhanced focus aims to provide bespoke, data-driven insights that improve resilience and reduce overall costs associated with risk management. Clients will benefit from both single-site assessments and portfolio-level evaluations, stepping beyond traditional methods.
Global Expertise Meets Local Specialization
Willis's Global Risk Engineering team comprises nearly 200 risk engineers operating across a diverse range of 30 countries. This breadth of experience consolidates global insights while ensuring local knowledge, catering impeccably to multinational and large-scale organizations. The team combines Property and Casualty Risk Control expertise with cutting-edge data science and specialized sector knowledge.
Innovative Risk Management Strategies
This new proposition signifies an evolution in risk engineering. By merging proprietary data with expert capabilities, the Global Risk Engineering team is uniquely positioned to offer tailored solutions that not only optimize risk management strategies but also amplify the return on investment for clients. This focus on innovative solutions ensures organizations can navigate complex challenges effectively while maintaining resilience.
Client-Centric Approach
Marc Hindman, Head of Risk Control & Claims Advocacy at Willis, emphasized the significance of this initiative as a leap toward delivering exceptional value. According to him, merging multidisciplinary expertise with advanced analytics equips clients with customized solutions. The goal is to proactively address evolving risks, particularly in areas such as Environmental, Social, and Governance (ESG) goals and climate concerns.
Commitment to Technology-Driven Solutions
Willis's commitment shines through its focus on providing technology-driven solutions that not only reinforce resilience but also lower the total cost of risk (TCOR) for organizations. Through this initiative, Willis is dedicated to empowering organizations, enabling them to make informed, data-led decisions confidently.
A Future-Focused Vision
By reinforcing this initiative, Willis aims to provide distinctive solutions that are future-focused. As organizations face an array of strategic challenges, including ESG goals, Willis is poised to support their journey toward sustainable success.
About WTW
WTW (NASDAQ: WTW) is committed to providing data-driven insights across people, risk, and capital sectors. With a strong presence in 140 countries, WTW leverages local market expertise and a global perspective to help organizations sharpen their strategies, motivate workforces, and enhance overall performance.
Frequently Asked Questions
What is the Global Risk Engineering team at Willis?
The Global Risk Engineering team is an initiative by Willis aimed at providing specialized risk management solutions by leveraging data, analytics, and engineering expertise.
How will this team benefit clients?
Clients will receive tailored solutions for risk assessments and improved insights, helping to manage their total cost of risk (TCOR) effectively.
What expertise does the team offer?
The team merges Property and Casualty Risk Control expertise with advanced data science and decision-making tools for optimal risk management.
Where does the Global Risk Engineering team operate?
The team operates in 30 countries worldwide, ensuring both global expertise and local specialization to meet client needs.
How does WTW support organizational resilience?
WTW offers data-driven strategies and solutions that enhance resilience and performance, while helping organizations navigate emerging risks successfully.
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