18 October 2018Insurance

Willis Towers Watson bolsters claims resolution services

Broker Willis Towers Watson has formed a new claims resolution team to expand its advocacy capabilities and facilitate efficient financial recovery for its clients in complex and contested claims scenarios.

Willis said the team will extend its traditional claim advocacy services into the dispute resolution arena to provide an effective alternative to disruptive, costly and contentious legal proceedings.

Led by executive vice president Rob Lane, the resolutions team consists of five former practicing coverage attorneys with expertise in all major lines of business and insurance markets.

Additional team members will include Jim Dorion, head of liability claim consulting and carrier relations; Henry Daar, leader, national property claims; Brian Weiss, head of claims and legal group, FINEX; and Will Eustace, head casualty coverage officer.

“Establishing the resolutions team is part of our ongoing commitment to enhance our platform and expand our claim advocacy capabilities to deliver meaningful results for clients following a significant loss,” said Joe Peiser, head of Broking, North America. “Organizations today need highly specialized insurance coverage experts and experienced negotiators to navigate contested claims on their behalf.”

Lane commented: “The aggregate skill, experience and significant commercial relationships of this team create an unparalleled and unprecedented value-add for our clients. The cost of claim disputes, both financially and relationally, are increasingly disproportionate for both sides of the insurance transaction. Resolutions offers a forward-thinking solution utilizing the specialized skills and technology of today’s dynamic insurance marketplace, but predicated on traditional, reasoned negotiations between commercial partners.”

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

More of today's news

Japan nat cats drive Swiss Re Q3 loss to $1.1bn

Softbank seeks reinsurance tie-ups after Swiss Re deal dropped

RenRe Q3 results hit by typhoon Jebi, hurricane Florence

Chubb unveils Bermuda leadership changes

UK small businesses face 65,000 cyber-attacks per day

AEGIS appoints cargo underwriter from Sompo

TigerRisk appoints ex-Aon exec to London retro role

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
9 October 2018   Broker Willis Towers Watson has appointed Pamela Thomson-Hall as the head of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region.
Insurance
5 November 2018   Willis Towers Watson enjoyed solid growth and a big turnaround in its profits in the third quarter of 2018, which increased to $85 million in the period, a big turnaround of 254 percent on the loss of $54 million it made in the same period the year before.
Insurance
14 November 2018   Broker Willis Towers Watson has opened a new re/insurance operation in Kazakhstan to expand its presence in what it recognises as the "key Central Asian growth market".