Willis Towers Watson Public Limited Company Appoints Evan Freely as New Global Head of Financial Solutions
December 09, 2022 at 01:45 pm EST
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WTW announced that Evan Freely has joined WTW as its new Global Head of Financial Solutions, reporting to Alastair Swift, Head of Global Lines of Business, Risk &Broking, WTW. Based in New York, Freely will be responsible for WTWs global financial team with 130 full time credit and political risk professionals, across 24 countries, covering trade credit, banking and capital markets, investment management, fintech and non-banking financial institutions. Freely has over 30 years experience in delivering global credit and political risk insurance (CPRI) for multinational corporations, banks and financial institutions and previously served as President and Director, Americas at BPL Global since 2019 after being at Marsh as Global Practice Leader, Credit Specialties for 11 years.
Willis Towers Watson Public Limited Company is a world leader in consulting, insurance brokerage and risk management software development. Revenues break down by activity as follows:
- human capital and social benefits consulting services (35.6%): consulting services in the organization, skills assessment, management and optimization of social benefits, compensation of executives and employees, etc. ;
- development of enterprise risk management solutions and services (31.9%): risk analysis, assessment consulting, effective risk management and anticipation services, design and development of software solutions for risk management. The group is also developing an insurance brokerage activity;
- risk/return balance management consulting services (17.7%): for investors, insurers and reinsurers. Additionally, the group offers insurance and reinsurance consulting services, financial management services, financing and investment strategies, as well as actuarial studies and expertise in mergers and acquisitions, etc., while developing software solutions for modeling and analysis of risks and financial activities;
- management and operation of a platform for the exchange and outsourcing of group health insurance plans and medical benefits (14.7%): allowing employees and retirees to choose the health coverage that meets their needs;
- other (0.1%).
Revenue is distributed geographically as follows: Ireland (1.7%), the United States (49.7%), the United Kingdom (20.5%) and other (28.1%).