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	<title>Definition:Willis Towers Watson (WTW) - Revision history</title>
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&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;🏛️ &amp;#039;&amp;#039;&amp;#039;Willis Towers Watson (WTW)&amp;#039;&amp;#039;&amp;#039; is the abbreviated brand identity under which the global [[Definition:Insurance broker | insurance broking]], advisory, and solutions firm Willis Towers Watson operates in day-to-day commerce, financial filings, and industry communications. Following its 2016 formation through the merger of Willis Group and Towers Watson, the company progressively adopted the WTW shorthand to streamline its market presence, and it now trades on the NASDAQ under the ticker symbol WTW. Within the insurance and [[Definition:Reinsurance | reinsurance]] markets, the WTW brand appears on [[Definition:Binding authority agreement | binding authority agreements]], [[Definition:Slip | placement slips]], and advisory reports that touch virtually every major [[Definition:Line of business | line of business]].&lt;br /&gt;
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📊 Operationally, WTW is organized into segments that span risk and broking, health and benefits consulting, and wealth and investment advisory — each with significant insurance-industry relevance. The risk and broking division places [[Definition:Commercial insurance | commercial]], [[Definition:Specialty insurance | specialty]], and reinsurance programs for corporate and institutional clients worldwide, drawing on dedicated practices for sectors like [[Definition:Construction insurance | construction]], [[Definition:Energy insurance | energy]], and [[Definition:Life insurance | life and health]]. Its consulting teams support [[Definition:Insurance carrier | insurers]] with [[Definition:Actuarial analysis | actuarial analyses]], [[Definition:Solvency | solvency]] modeling, and [[Definition:Mergers and acquisitions (M&amp;amp;A) | M&amp;amp;A]] due diligence, while proprietary technology platforms deliver [[Definition:Data analytics | analytics]] that inform [[Definition:Underwriting | underwriting]] decisions and [[Definition:Portfolio management | portfolio management]] across the market.&lt;br /&gt;
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🔑 WTW&amp;#039;s stature as one of the three largest global broking firms — alongside [[Definition:Marsh McLennan | Marsh McLennan]] and [[Definition:Aon | Aon]] — gives it outsized influence on market pricing, capacity allocation, and industry thought leadership. Its periodic rate surveys, [[Definition:Catastrophe model | catastrophe-model]] research, and [[Definition:Insurance regulation | regulatory]] impact studies are reference materials for [[Definition:Chief underwriting officer (CUO) | chief underwriting officers]] and [[Definition:Chief risk officer (CRO) | chief risk officers]] globally. The attempted merger with Aon in 2020–2021, ultimately blocked on antitrust grounds, underscored the competitive significance and regulatory scrutiny that attaches to consolidation at this tier of the [[Definition:Insurance distribution | distribution]] chain.&lt;br /&gt;
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&amp;#039;&amp;#039;&amp;#039;Related concepts:&amp;#039;&amp;#039;&amp;#039;&lt;br /&gt;
{{Div col|colwidth=20em}}&lt;br /&gt;
* [[Definition:Willis Towers Watson]]&lt;br /&gt;
* [[Definition:Insurance broker]]&lt;br /&gt;
* [[Definition:Aon]]&lt;br /&gt;
* [[Definition:Marsh McLennan]]&lt;br /&gt;
* [[Definition:Reinsurance broker]]&lt;br /&gt;
* [[Definition:Insurance distribution]]&lt;br /&gt;
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