WTW has introduced the formation of a new crisis management unit with the merger of SCR and its political violence groups. The unit will sit inside WTW’s Financial Solutions Global line of enterprise and be headed by Jo Holliday, managing director of SCR.
The new unit will work globally, delivering crisis management and contingency danger management to multinational shoppers. The unit covers the next areas:
- Special crime (kidnap and ransom, extortion, hijack, maritime piracy, political evacuation)
- Political violence
- Accident and well being (together with private accident, enterprise journey, contingency, sports activities and leisure)
- Active assailant
These coverages will proceed to be supported by the chance advisory and crisis help providers of SCR’s in-house safety danger consultancy and crisis management observe, Alert:24.
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“Crisis management and security risk is recognized as an area of concern to many of our clients at board level,” mentioned Alastair Swift, head of world line and enterprise, danger and broking at WTW. “Increasingly, our clients see geopolitical risks as a macro trend, and this was borne out by a recent survey where over 50% of our clients cited security issues and business travel as key risk factors.”
“By establishing a new crisis management business segment, we will be able to provide a specialist global proposition which crosses all industry sectors and geographies,” mentioned Christophe Meurier, head of monetary options, international line of enterprise at WTW. “The new combined team will provide a highly specialized and innovative proposition which enables us to broaden our client demographic and accelerate our growth strategy in this area.”