On Wednesday, Willis Towers Watson PLC presented two initiatives, one focused on investing in beginners and the other to develop new markets and business to drive inorganic and organic growth.
WTW Strategic Ventures will make early stage investments in innovative companies across insurance, risk and human capital said Willis Towers Watson in a statement.
These investments are expected to unlock new growth opportunities in strategically relevant business, enabling the broker to expand how it interacts with customers
In the second organic growth initiative, Willis Towers Watson said it has formed a growth board that will support early-stage ideas with the potential to create new markets, customer channels and business models.
The Growth Agency will cooperate with Willis Towers Watson's existing Investment Venture Investment Group, to expand its innovation pipeline According to these statements.
"These new initiatives will invest investments and exploit relationships with venture capital, customers and industry associations to support innovation inorganic and organic with the Growth Agency to create new deals in strategic areas of interest to the company," said John Haley, CEO of Willis Towers Watson. , in the statement.