WTW Risk Management Overview

WTW Risk Management Value Proposition

• WTW provides a comprehensive risk management service to businesses, delivering expertise in areas like research and development, risk management, and claims advocacy.
• Businesses have access to local and global markets through WTW’s Client Advocate service.
• The company specializes in providing industry-specific advice, tailoring solutions to manage risk, minimize costs, and promote business growth.
• WTW emphasizes data-driven insights, using advanced analytics and technologies to deliver effective risk solutions.
• WTW’s clients include major South African brands, benefitting from their experience in servicing corporate clients.
• WTW’s value proposition centers around building a trusted partnership, providing expert client advocacy, and offering comprehensive claims management services.

WTW South Africa

• Willis Towers Watson (WTW) is a global advisory, broking, and solutions company.
• WTW South Africa is a leading insurance broker with a significant African footprint spanning 36 countries.
• The South African branch of WTW has been in operation for over 71 years, demonstrating a strong commitment to the region.
• The company has a network of 160 colleagues across South Africa, generating a revenue of R363 million in 2023.
• WTW South Africa boasts a Level 1 BEE rating, signifying dedication to diversity and inclusion.
• It is a recognized industry leader, partnering with major Johannesburg Stock Exchange (JSE)-listed companies and other global and local businesses.

Company Structure

• WTW South Africa has a 74.9% ownership stake from Willis Europe BV and a 25.1% stake from Willis Development Trust.
• The company maintains multiple offices across South Africa, with locations in Johannesburg, Durban, Cape Town, and Stellenbosch.

Staff Expertise

• WTW’s team comprises experienced risk and insurance professionals, with a collective experience of over 750 years.
• The company has a proven track record of success, demonstrated through competitive pricing, empowered and entrepreneurial colleagues, and effective claim negotiation and settlement.

Operational Excellence and Compliance

• WTW South Africa has a strong commitment to operational excellence, maintaining a robust infrastructure and a culture of compliance.
• The company emphasizes information security through robust governance policies.
• WTW’s operational effectiveness is further highlighted through its partnership with Ask GS.

Contact Information

• Website: www.wtwco.com
• Head Office (Johannesburg): 1 Harries Rd, Illovo, Johannesburg, 2196
• Phone: +27 11 535 5400
• Fax: +27 11 784 1610
• Company Registration No.: 1997/020469/07
• FSB License No.: 267

Key Takeaways

• WTW distinguishes itself as a specialized insurance provider, offering expertise in various insurance disciplines.
• The company prioritizes client advocacy, providing a dedicated team to address client needs.
• WTW South Africa is a trusted risk partner, positioned to provide comprehensive risk management solutions to businesses.
• Its commitment to operational excellence, compliance, and data-driven insights makes it a valuable resource for businesses seeking effective risk management strategies.