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NEW YORK - Willis Towers Watson (NASDAQ: NASDAQ:WTW), a global advisory, broking, and solutions company with a market capitalization of $32.2 billion, has appointed Helen Campbell as the new Head of Property Wordings for North America. According to InvestingPro data, WTW has maintained consistent dividend payments for 22 consecutive years, demonstrating strong financial stability. Campbell will be responsible for overseeing property policy language and ensuring clarity in terms and conditions for both insurance and reinsurance businesses within the region.
Campbell brings over 25 years of industry experience to her new role at WTW. She will be based in Bermuda and report to Scott Pizzi, Head of Property Broking, North America. Her expertise includes the analysis and customization of property policies to meet the specific needs of clients, with a focus on providing a clear understanding of the coverage details related to property exposures. The appointment comes as WTW shows strong market performance, with a 17.7% price return over the past year and revenue of $9.9 billion in the last twelve months.
Prior to her new appointment, Campbell served as Senior Vice President and Head of Contract Wordings at Argo Group. She also held the position of Contract Wordings Manager at Ironshore Insurance. Notably, Campbell is rejoining Willis Towers Watson, where she began her career specializing in contract wordings.
Scott Pizzi expressed enthusiasm for Campbell’s return, highlighting her specialized technical expertise, which he described as "rare in our industry, yet critically important in delivering comprehensive property solutions for our clients."
Willis Towers Watson emphasizes its commitment to providing data-driven and insight-led solutions across various areas, including people, risk, and capital. The company operates in 140 countries and markets, aiming to help organizations with strategy development, organizational resilience, workforce motivation, and performance maximization. InvestingPro analysis reveals the company maintains a solid financial health score, with analysts predicting profitability this year. For deeper insights into WTW’s financial metrics and growth potential, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
This announcement is based on a press release statement from Willis Towers Watson.
In other recent news, Willis Towers Watson has seen several key developments. Goldman Sachs and Jefferies both adjusted their price targets for the company, with Goldman Sachs setting a target of $378 and Jefferies revising theirs to $373. Despite these changes, both firms maintained a "Buy" rating on the company’s shares, citing confidence in its financial outlook and strategic advantages. BMO Capital Markets also revised its price target to $320, maintaining a "Market Perform" rating, while noting an upward trajectory in free cash flow.
Willis Towers Watson launched a new accelerator for its Radar analytics engine, aimed at enhancing insurance pricing and underwriting processes, which is expected to improve operational efficiency for insurers. Additionally, the company appointed Stephen Kyriacou as Head of Litigation and Contingent Risk Solutions, further strengthening its capabilities in providing specialized insurance products for complex litigation and regulatory challenges. These recent developments highlight the company’s ongoing strategic initiatives and operational enhancements.
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