Willis Group Holdings services
Casualty Actuarial Services
Insurance is a numbers business, and the numbers masters are the actuaries. Willis has strong actuarial talent made available to you through our Client Advocate® model. Willis is the leader in communicating actuarial results in an understandable manner. We believe that to produce the most valuable results, it is imperative that you understand the underlying assumptions that go into an actuarial study. Willis actuaries make it a point to not only understand the dynamics of your business, but to make sure you fully grasp the reasoning and data behind the work we do for you.Enterprise Risk Management
External stakeholders – including rating agencies – are explicitly taking into account the effectiveness of a company’s enterprise risk management (ERM) in their evaluations. This fact alone makes the need for ERM very tangible. But there is much more. Using a systematic approach to identify and understand threats to the organization will result in better planning, decision making and governance. Assigning employees at all levels distinct responsibility for addressing risk and giving them the tools to do so will result in more consistent execution of those plans and decisions. Systematic processes to measure and mitigate risk can help reduce costs by lowering the likelihood and impact of unforeseen loss events and volatility of results. In the final analysis, an effective ERM program extends beyond loss management and risk financing to the creation of value by helping an organization better assess and capitalize on opportunities.