Portfolio Exits
10Partners & Customers
10About Willis Towers Watson
Willis Towers Watson (WTW) (NASDAQ: WTW) is an insurance and reinsurance company. It provides data-driven, insight-led solutions in the areas of people, risk, and capital. It serves industries such as construction, healthcare, insurance, and more. It was founded in 1828 and is based in London, United Kingdom.
Latest Willis Towers Watson News
Sep 11, 2023
Tradeteq , a London, UK-based technology provider of a SaaS securitisation and bank asset distribution platform, raised $12.5M in Series A Plus funding. The round was led by MS&AD Ventures, with participation from fellow venture capital firm Interlock Partners. Interlock was joined by Victor Ganzi, one of its investors and advisors, whose former roles included CEO of The Hearst Corporation and Chairman of Willis Towers Watson, among others. Mr. Ganzi will join Tradeteq as an advisor. Furthermore, Jon Soberg, Managing Partner at MS&AD Ventures, and Harry Hawks, Venture Partner at Interlock, will be joining the board as observers. The company intends to use the funds to expand operations via new partnerships. Led by CEO Christoph Gugelmann, Tradeteq provides a SaaS platform for banks to securitise and distribute their trade finance assets to investors. Earlier this year, the company extended its solution to cover private credit, making it easier for banks and alternative lenders to connect, interact and transact with investors, such as pension funds and insurance companies. FinSMEs
Willis Towers Watson Portfolio Exits
10 Portfolio Exits
Willis Towers Watson has 10 portfolio exits. Their latest portfolio exit was Willis Towers Watson - Treaty Reinsurance India Business on March 09, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
3/9/2023 | Divestiture | Willis Towers Watson - Treaty Reinsurance India Business | 1 | ||
12/1/2021 | Divestiture | Willis Towers Watson - Treaty Reinsurance Brokerage Operations | 2 | ||
10/4/2021 | Divestiture | Willis Towers Watson - Commercial Risk and Broking Business | |||
Date | 3/9/2023 | 12/1/2021 | 10/4/2021 | ||
|---|---|---|---|---|---|
Exit | Divestiture | Divestiture | Divestiture | ||
Companies | Willis Towers Watson - Treaty Reinsurance India Business | Willis Towers Watson - Treaty Reinsurance Brokerage Operations | Willis Towers Watson - Commercial Risk and Broking Business | ||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 2 |
Willis Towers Watson Acquisitions
15 Acquisitions
Willis Towers Watson acquired 15 companies. Their latest acquisition was butterwire on July 12, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
7/12/2022 | Seed / Angel | $0.39M | Acquired | 1 | ||
12/6/2021 | Acquired | 7 | ||||
11/17/2021 | Acquired | 5 | ||||
11/1/2021 | ||||||
11/1/2021 |
Date | 7/12/2022 | 12/6/2021 | 11/17/2021 | 11/1/2021 | 11/1/2021 |
|---|---|---|---|---|---|
Investment Stage | Seed / Angel | ||||
Companies | |||||
Valuation | |||||
Total Funding | $0.39M | ||||
Note | Acquired | Acquired | Acquired | ||
Sources | 1 | 7 | 5 |
Willis Towers Watson Partners & Customers
10 Partners and customers
Willis Towers Watson has 10 strategic partners and customers. Willis Towers Watson recently partnered with Duco on July 7, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
7/5/2023 | Vendor | United Kingdom | WTW implements Duco’s data automation platform Duco , a leading cloud-based data automation company , today announced that WTW , a leading global advisory , broking , and solutions company , have chosen Duco 's no-code , self-service data automation platform to automate intercompany reconciliations in their Insurance Accounting function and unlock strategic insights across their business . | 1 | |
6/20/2023 | Partner | United States | WTW launches Property Rebuild Assessment Service in collaboration with Kroll Global advisory and broking firm , WTW , has partnered with Kroll to launch a Property Rebuild Assessment Service , offering clients accurate valuations and advice to ensure proper property protection and avoid overpayment for insurance coverage . | 1 | |
11/8/2022 | Client | Australia | 1 | ||
4/1/2022 | Partner | ||||
3/25/2022 | Partner |
Date | 7/5/2023 | 6/20/2023 | 11/8/2022 | 4/1/2022 | 3/25/2022 |
|---|---|---|---|---|---|
Type | Vendor | Partner | Client | Partner | Partner |
Business Partner | |||||
Country | United Kingdom | United States | Australia | ||
News Snippet | WTW implements Duco’s data automation platform Duco , a leading cloud-based data automation company , today announced that WTW , a leading global advisory , broking , and solutions company , have chosen Duco 's no-code , self-service data automation platform to automate intercompany reconciliations in their Insurance Accounting function and unlock strategic insights across their business . | WTW launches Property Rebuild Assessment Service in collaboration with Kroll Global advisory and broking firm , WTW , has partnered with Kroll to launch a Property Rebuild Assessment Service , offering clients accurate valuations and advice to ensure proper property protection and avoid overpayment for insurance coverage . | |||
Sources | 1 | 1 | 1 |
Willis Towers Watson Team
125 Team Members
Willis Towers Watson has 125 team members, including current Chief Executive Officer, President, Carl Hess.
Name | Work History | Title | Status |
|---|---|---|---|
Carl Hess | Chief Executive Officer, President | Current | |
Name | Carl Hess | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer, President | ||||
Status | Current |
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