WTW Strategic Ventures will make early stage investments in companies pursuing next-generation innovation, bolstering access to cutting-edge ideas and trends. These investments will unlock new growth possibilities in strategically relevant businesses and further enable Willis Towers Watson to enhance and expand the ways in which we interact with our clients and business partners and develop innovative digital products and solutions.
In addition to the launch of WTW Strategic Ventures, Willis Towers Watson has also announced the formation of a new Growth Board. The Growth Board will increase the company’s organic innovation efforts by supporting early-stage ideas that have the potential to create new markets, new customer channels and new business models. Working together with the existing New Venture Investment Committee, the Growth Board will help expand Willis Towers Watson’s innovation pipeline.
John Haley, CEO, Willis Towers Watson, said, “WTW Strategic Ventures is core to the company’s growth strategy by enhancing our capabilities to identify and develop strategic opportunities and alliances aimed at delivering tangible value to our clients. These new initiatives will source investments and utilize relationships with the venture capital community, clients and industry connections to support innovation inorganically, and organically with the Growth Board, to create new offerings in areas of strategic interest to the company.”
About Willis Towers Watson
Willis Towers Watson 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 45,000 employees serving more than 140 countries and markets. 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.