HALISTER: Willis Towers Watson CEO Sees More Acquisitions in Long Term

Willis Towers Watson CEO Sees More Acquisitions in Long Term

(Bloomberg) -- John Haley, the CEO of the insurance brokerage, said in an interview with French daily Les Echos that he sees more acqusitions in the long term, although over the next 18 months the company will focus on combining Willis and Towers Watson.
  • Willis and Towers Watson merged in January
  • The merger will result in savings of between $100 million and $125 million between now and 2018, mainly through property and central-office operation consolidation, Haley said: Les Echos
  • Willis Towers Watson sees “double-digit” revenue growth this year, mostly through gains in its existing markets of the U.K., U.S. and Asia, Haley said: Les Echos
  • Haley said Brexit or not, the U.K. -- which accounts for between 20% and 25% of the company’s annual revenue -- will remain “an attractive market.”: Les Echos.
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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WLTW US (Willis Towers Watson PLC)

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John Haley (Towers Watson & Co)

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