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06.12.2021 - Acquisition cements WTW’s position as a leading aviation broker in Asia and AustralasiaSYDNEY, Australia, Dec. 05, 2021 (GLOBE NEWSWIRE) - Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today ...
Greg Rector, managing director of Aerosure, will become MD of Willis’ Australasia aviation division.
Insurance broker Willis Towers Watson announced the acquisition of Aerosure, a leading aviation industry specialist, focused on the Australia, New Zealand
How safety data affects airline insurance pricing With premiums rising across the airline insurance market, safety performance will become a key factor to mitigate increasing insurance costs, write John Rooley, CEO, and Simon Knechtli, Managing Director, Global Aerospace, Willis Towers Watson. By any measure, 2020 was a bad year for aviation. IATA calculated airlines’ total losses reached $126 billion, with passenger demand having fallen almost 66% compared with 2019. For the industry’s insurers, who have had to return substantial amounts of premium to the commercial airline operators wh...