What's Happening?
Willis, part of the broker WTW, has announced the formation of a Global Risk Engineering team as part of its Global Risk & Analytics business expansion. This initiative aims to consolidate and elevate Willis's engineering capabilities, providing industry-leading specialization through proprietary data, advanced analytics, and technology-enabled solutions. The team will offer single-site and portfolio-level assessments to help clients improve resilience and reduce their total cost of risk. With nearly 200 risk engineers across 30 countries, Willis combines global expertise with local specialization to support multinational organizations.
Why It's Important?
The launch of Willis's Global Risk Engineering team represents a significant advancement in risk management strategies for large organizations. By integrating proprietary data with specialized capabilities, Willis aims to deliver tailored solutions that optimize risk management, enhance resilience, and maximize return on investment. This initiative is particularly relevant as companies face emerging risks, ESG and climate goals, and broader strategic challenges. The team's focus on data-driven solutions positions Willis as a leader in providing differentiated, technology-driven risk engineering services, potentially influencing industry standards and practices.
