Blogger Archives: Willis Towers Watson

Willis Towers Watson

Understanding Flood Insurance

Flooded House

Probably the most devastating, type of water claim is from flooding. Flooding is also probably the most misunderstood of the types of water claims.The reason for the misunderstanding is that floods are not normally covered by most homeowner insurance policies. Continue reading →

Meyer v. Health Plan of Nevada: Foreboding for Payers—and for Accountable Care Organizations?

Money vs. Healthcare

A Nevada jury verdict recently found that the Health Plan of Nevada, Sierra Health Plan, and various other plans were liable in an amount over $500 million in a case alleging shoddy office procedures of network provider Dr. Desai. If … Continue reading →

Chile Earthquake 3 Years On: The Dust has Finally Settled

Chile quake headline

The 8.8 earthquake that hit the central coast of Chile on 27 February 2010 was the biggest natural disaster that the Chilean general insurance market has ever had to face. Continue reading →

Managing Farm Safety and Risk Exposure

Two Cute Cows

Contrary to the idyllic vision of golden haystacks and green pastures (and cute cows), farms are inherently dangerous. Every year, thousands of farm workers are injured and hundreds more die in farming accidents. And according to a recent study, farm-related … Continue reading →

Survey: Employers Are Investing in Health Management Strategies to Control Costs

Workplace Health

Whether you prefer the words, “health management” or “total population health management” to “wellness,” the research is undeniable: the benefits of a well-designed and executed health management program are significant. Continue reading →

Employers Don’t Know What Health Care Reform is Costing Them

Healthcare Reform Cost Impact: 2012-2013 Survey

While many employers believe that health care reform will not increase costs, more than half of them haven’t even started to calculate those costs. So said this year’s survey of U.S. employers about the effects of health care reform on … Continue reading →

Food Security: Reaping the Benefits of Agri-Insurance

Agriculture

There is no doubt that agricultural insurance is big business. A recent report from Swiss Re estimates that global agricultural premiums in 2011 were USD 23.5 billion. To put this into perspective, airline premiums in the same year totalled around … Continue reading →

Emerging Chilean Risks of 2013

Emerging Risks

In Chile, we’re seeing three emerging risks of note: cybercrime, underinsured transport systems, and sexual harassment and bullying. Continue reading →

Emerging Reputational Risk of 2013: Insidious New Reputational Risk of Social Media

Emerging Risks

History is littered with examples of businesses that have been struck by reputational risks—the Perrier water example is oft quoted in management training programmes. Continue reading →

Emerging Captive Insurance Risk of 2013: Compliance in Local Territories

Emerging Risks

Captive owners and practitioners face the challenge of designing a cost-efficient and silent-running global insurance programme incorporating a captive whilst complying with local territory insurance premium tax (IPT) requirements. Continue reading →