Technology in Insurance

New Horizons: How Diverse Growth Strategies Can Advance Digitalisation In The Insurance Industry

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Arlington, VA (Feb. 22, 2017) – We are delighted to introduce Willis Towers Watson's latest report investigating merger and acquisition (M&A) trends in the insurance sector, carried out in conjunction with Mergermarket, the global proprietary M&A intelligence provider.

We surveyed 200 senior-level executives to map the changing attitude of insurers to digital technologies and to examine the extent to which companies are using M&A strategies to realise their digitalisation ambitions.

How would you characterise the level of adoption of digital technologies in the insurance sector compared to other financial service sectors?

Willis Towers Watson report into merger and acquisition trends in the insurance sector

The survey identifies where insurers see the biggest gaps in their digital capabilities and reveals how they plan to close them. Do they believe, for example, that digital transformation can be led from within the company, or will the race to secure the benefits of digitalisation power a new wave of corporate transactions?

The full report is available here.

About Willis Towers Watson

Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 39,000 employees in more than 120 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

Source: Willis Towers Watson


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