WTW has merged its special contingency risks and terror and political violence teams to form a combined crisis management unit.
The new unit will sit within its global financial solutions division, and will be lead by Jo Holliday, managing director of SCR.
Serving multinational clients. the crisis management segment covers special crime (kidnap and ransom, extortion, hijack, maritime piracy and political evacuation), terrorism, political violence, accident and health (including personal accident, business travel, contingency, sports and entertainment) and active assailant.
Alastair Swift, head of global lines of business, risk and broking, said: “Crisis management and security risk is recognised as an area of concern to many of our clients at board level. Increasingly our clients see geopolitical risks as a macro trend and this was borne out by a recent survey where over 50% of our clients cited security issues and business travel as key risk factors.”
Christophe Meurier, head of financial solutions global line of business added, “By establishing a new crisis management business segment, we will be able to provide a specialist global proposition which crosses all industry sectors and geographies. The new combined team will provide a highly specialised and innovative proposition which enables us to broaden our client demographic and accelerate our growth strategy in this area.”
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