WTW establishes new Crisis Management business unit for security risk management
January 12 2022 - 4:35AM
WTW (NASDAQ:WTW) today announced the formation of a new Crisis
Management unit with the merger of SCR and its Terror and Political
Violence teams which will sit within its Financial Solutions Global
Line of Business and be headed up by Jo Holliday, Managing Director
of SCR.
The new unit works globally and is dedicated to delivering
crisis management and contingency risk management to a wide number
of multinational clients. The Crisis Management segment covers the
following areas: Special Crime (Kidnap & Ransom, Extortion,
Hijack, Maritime Piracy, Political Evacuation), Terrorism,
Political Violence, Accident & Health (incl. Personal Accident,
Business Travel, Contingency, Sports & Entertainment) and
Active Assailant. These propositions continue to be supported by
the Risk Advisory and Crisis Support services of the Alert:24 team,
SCR’s in-house security risk consultancy and crisis management
practice.
Alastair Swift, Head of Global Lines of Business, Risk &
Broking, said: “Crisis Management and security risk is recognised
as an area of concern to many of our clients at Board level.
Increasingly our clients see geopolitical risks as a macro trend
and this was borne out by a recent survey where over 50 percent of
our clients cited security issues and business travel as key risk
factors.”
Christophe Meurier, Head of Financial Solutions Global Line of
Business commented, “By establishing a new Crisis Management
business segment, we will be able to provide a specialist global
proposition which crosses all industry sectors and geographies. The
new combined team will provide a highly specialised and innovative
proposition which enables us to broaden our client demographic and
accelerate our growth strategy in this area.”
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.
Learn more at wtwco.com.
Media contact
Sarah Booker: +44 7917
722040sarah.booker@willistowerswatson.com
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