Latest Posts

Don’t let your actuaries sit on the bench on IFRS17

Accountant adding figures on a calculator

IFRS17 may be an accounting standard, but getting ready for it requires serious actuarial input. The January 1, 2021 live date for the new international insurance accounting standard, IFRS17, is somewhat deceptive. The reality is that, due to the need … Continue reading →

4 ways the HR role is pivotal to M&A success (Part 4 in a series)

Infographic: Outline of head with puzzle pieces, clip board, bar chart and globe icons inside, and a telescope, calculator and line graph outside

If you’ve been following this series, you know that your workforce is likely changing due to increased automation. You also know that Total Rewards strategies are likely to undergo significant transformation in the next few years. And that it’s time … Continue reading →

Overwhelmed by base pay? 4 steps to get it right

Office workers having a conversation

Is there any corporate activity that takes up as much management time as the annual merit increase process? So much is expected of it, yet companies and employees consistently tell us it’s not working and no longer fit for purpose. … Continue reading →

Bloomberg Equality Summit: Data, ideas, action

Stage with screen projecting Bloomberg Equality Summit presentation

What does it take to move discussions about inclusion and diversity to action and change? This question was on the minds of the 400 corporate executives, academics and social leaders gathered for the recent Bloomberg Business of Equality Summit co-sponsored … Continue reading →

Avoid these 4 pitfalls to favorably resolve challenging environmental claims

Environmental worker in a hazmat suit putting a soil sample into a bottle

From obtaining a carrier’s consent before incurring costs, to a straightforward late claims notice, making an environmental insurance claim can be fraught with hazards. All can be avoided with early, accurate information. The most important test of environmental insurance comes … Continue reading →

What will tax reform mean for defined benefit pension investing?

elderly couple sitting at a table looking at paperwork

If you’re like me, tax season isn’t a time of the year I look forward to by any stretch. Gathering last year’s paperwork and navigating through the endless software that’s supposed to make filing easy isn’t a way I like … Continue reading →

Choice and flexibility: the win-win approach to employee benefits

Steve Gardner, senior economist at Willis Towers Watson.

Employers are walking a tightrope when it comes to employee benefits. Increasing costs have forced many to cut back their benefits, in effect, spending more for less. At the same time, our research shows that employees are increasingly nervous about … Continue reading →

Insights from the Willis Re Flood Club: the weaknesses and strengths of flood modelling

cars in flooded parking lot

When industry experts gathered to consider the state of flood modelling, they discovered a disconnect between theory and reality that can leave insurers under some expensive water. So what’s next for modelling approaches? Insurers are worried about their flood exposure. … Continue reading →

How can the employee experience help organizations embrace change? (Part 2 in series)

Group of employees sitting in a circle having a discussion

“You can never step into the same river; for new waters are always flowing on you. No man ever steps into the same river twice, for it’s not the same river and he is not the same man.” — Heraclitus … Continue reading →

Why modernize Total Rewards? Here are 10 reasons. (Part 3 in a series)

Infographic: Icons inside a head including a flower, plus sign, a star and a wallet. Icons outside of the head: shopping cart with at sign, a chain link, people, and a hand clicking a button with a check mark

Employees are redefining what work means and how it is structured. Some may call this “the future of work” but we call it the present reality of business. Advancements in technology are driving a need for new skills, and changing … Continue reading →