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LONDON - Willis, a WTW business (NASDAQ:WTW), has appointed Louie Clarke as Global Head of Claims Strategy & Execution within the company’s Risk & Broking business, according to a press release statement issued Monday.
Based in London, Clarke will join the Global Claims Leadership Team and report to Neil Harrison, Global Head of Claims. In this newly created position, Clarke will focus on the evolution and implementation of Willis’s claims services and solutions for clients across all geographies and specialties.
"We are delighted to welcome Louie to Willis," said Harrison. "This appointment is the latest example of our commitment to claims, a key part of the overall Willis proposition for clients and markets."
Prior to joining WTW, Clarke held claims leadership roles at Aon.
WTW provides data-driven solutions in people, risk and capital areas, serving clients in 140 countries and markets globally. The company has maintained dividend payments for 23 consecutive years and currently offers a 1.13% dividend yield. According to InvestingPro analysis, WTW is currently trading slightly below its Fair Value, with analysts expecting net income growth this year. For deeper insights into WTW’s financial health (rated "GOOD" by InvestingPro) and access to comprehensive Pro Research Reports, consider exploring InvestingPro’s full analysis.
In other recent news, Willis Towers Watson reported its third-quarter financial results, showcasing a solid performance. The company achieved adjusted earnings per share of $3.07, surpassing analyst estimates of $3.05. Revenue for the quarter reached $2.3 billion, slightly exceeding the consensus forecast of $2.27 billion. This performance was driven by a 5% organic revenue growth, despite the sale of its TRANZACT business which led to flat reported revenue. These results highlight the company’s ability to maintain growth in its core operations. The earnings announcement was followed by a neutral market reaction.
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