Business Analysis of Willis Towers Watson

 Analyze Historical Performance, Strategic Priorities, And Business Improvement Opportunities of Willis Towers Watson

WILLIS TOWERS WATSON

Business Overview

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company serving large companies, and mid-market and small businesses worldwide. The company designs and delivers solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. It advises clients across four business segments: Corporate Risk and Broking; Exchange Solutions; Human Capital and Benefits; and Investment, Risk, and Reinsurance. The company was formerly known as Willis Group Holdings Public Limited Company and changed its name to Willis Towers Watson Public Limited Company in January 2016. Willis Towers Watson Public Limited Company was founded in 1828 and is based in London, the United Kingdom.

Willis Towers Watson

Willis Towers Watson


R&P Rank: 347
Sector: Insurance
Industry:Property & Casualty Insurance
H.Q Location:Not In U.S.A.
Website: www.willistowerswatson.com
Company Address:
WILLIS GROUP LIMITED, 51 LIME STREET, LONDON ENGLAND, IRELAND
Ph:44203-124-6000

Business Analysis of Willis Towers Watson

The Insurance Sector is witnessing a major shakeup, new age business models in the industry are transforming both customers and businesses. Faced with this uncertainity, companies are investing resources to transform their business. An in-depth business analysis is a valuable resource to identify and articulate the need for a business model change. At R&P Research we believe, the starting point for a business analysis is Benchmarking. Business benchmarking can be done at various levels: 1) Industry Benchmarking 2) Peer Benchmarking 3) Disruptors Benchmarking. In this report, we share the snapshot of how Willis Towers Watson compares against the industry on the major performance indicators. This analysis, along with peer group/disruptors benchmarking and revenue model understanding can help identify growth and cost optimization opportunities to maximize the value delivered by Willis Towers Watson to its stakeholders. R&P Research Industry Intelligence Platform provides historical data for last 15 years with an easy to use benchmarking interface for an in-depth comparative business analysis.

Here is the performance snapshot of Willis Towers Watson with an interactive chart.

  1. Revenue Growth: Willis Towers Watson reported a revenue growth of 106.0% year-on-year during 2016. Property & Casualty Insurance Industry grew at 6.6% in the same period
  2. COGS share of Revenues: Willis Towers Watson COGS share of Revenues details are not available because either company does not share the data or we do not have it
  3. R&D share of Revenues: Willis Towers Watson R&D share of Revenues details are not available because either company does not share the data or we do not have it
  4. SG&A share of Revenues: As a percentage of revenue, Willis Towers Watson spent 58.9% of its total revenues on Sales, Marketing, and General Administration (SG&A). Property & Casualty Insurance industry average SG&A spending in the same period was 14.9%
  5. Inventory share of Revenues: Willis Towers Watson Inventory share of Revenues details are not available because either company does not share the data or we do not have it
  6. Accounts Payable share of Revenues: Willis Towers Watson Accounts Payable share of Revenues details are not available because either company does not share the data or we do not have it
  7. Accounts Receivable share of Revenues: As a percentage of revenue, Willis Towers Watson invested 26.4% of its total revenues on Accounts Receivable (A/R). Property & Casualty Insurance industry average Accounts Receivable investment in the same period was 33.0%
  8. PP&E share of Revenues: As a percentage of revenue, Willis Towers Watson invested 10.6% of its total revenues on Property, Plants, and Equipments (PP&E). Property & Casualty Insurance industry average PPE investment in the same period was 30.9%
  9. Intangibles share of Revenues: As a percentage of revenue, Willis Towers Watson invested 187.4% of its total revenues on Intangibles. Property & Casualty Insurance industry average Intangibles investment in the same period was 29.7%
  10. Net Margins: Willis Towers Watson Net Margins in the year 2016 were 5.3%. Property & Casualty Insurance industry average Net Margins in the same period were 8.2%

Sector and Industry Association of Willis Towers Watson

For the purpose of performance benchmarking of a company with a sector or industry average, R&P Research associates every company with one sector and one industry. An industry consists of companies with related/similar business models. A sector comprises of a group of related/similar industries. For high-level analysis purposes, related/similar sectors are grouped into sector groups.

Willis Towers Watson is associated with Financials Sector Group, Insurance Sector, and Property & Casualty Insurance Industry.

Insurance sector is comprised of the following industries: Life Insurance; Property & Casualty Insurance; Surety & Title Insurance; Insurance Brokerage; Diversified Insurance. The definitions for each of the industries is as follows:

  • Life Insurance industry includes companies engaged principally in life insurance.
  • Property & Casualty Insurance industry includes companies engaged principally in accident, fire, automotive, marine, malpractice and other classes of non-life insurance.
  • Surety & Title Insurance industry includes companies providing title & surety insurance.
  • Insurance Brokerage industry includes insurance brokers and agencies.
  • Diversified Insurance industry includes companies with life, health, property & casualty, and reinsurance interests, none of which predominates.

Industry Ranking of Willis Towers Watson

With $7.9 billion revenues, Willis Towers Watson ranked number 11 of all the companies in the US Property & Casualty Insurance industry. There were a total of 66 public companies in the US Property & Casualty Insurance industry that had revenues greater than $50 million during 2016.

The top-10 companies in the US Property & Casualty Insurance industry by revenues during 2016 were:

  1. Berkshire Hathaway ($223.6 billion)
  2. AIG ($52.4 billion)
  3. Allstate ($36.5 billion)
  4. Chubb ($31.5 billion)
  5. Travelers Companies ($27.6 billion)
  6. Progressive ($23.4 billion)
  7. Hartford Financial Services Group ($18.3 billion)
  8. Loews ($13.1 billion)
  9. XL Group ($10.5 billion)
  10. CNA Financial ($9.4 billion)

Business Model Analysis (BMA) Framework

We use the following framework to assess the business model of a company. Business Model Analysis framework can be used by organizations to articulate growth strategies and identify cost optimization opportunities. Technology and consulting companies can use this framework to identify the value drivers and pain points of their targeted customers. Entrepreneurs can use this framework to understand the language of business and identify promising business opportunities. This framework can be used by any professional aspiring to take up a leadership role to better understand the businesses challenges, articulate growth strategy, and monitor the business improvement requirements for the organization.

Next Steps

  • Conduct a holistic benchmarking; to identify and target additional sources of value
  • Get in touch with us to learn more about Business Model Analysis Framework
  • Get free data, charts, and analysis of Willis Towers Watsonand its peers on select key performance indicators by clicking the reports provided below

Industry Peers and Competitors of willis-towers-watson

Loews (L) Business Analysis – Analyze Historical Performance, Strategic Priorities, And...

Loews Corp with $13 billion revenues in the year 2016 was the number 8 Property & Casualty Insurance company. Read this report to know the top competitors of Loews and identify growth and cost optimization opportunities of Loews

XL Group (XL) Business Analysis – Analyze Historical Performance, Strategic Priorities,...

XL Group Ltd with $11 billion revenues in the year 2016 was the number 9 Property & Casualty Insurance company. Read this report to know the top competitors of XL Group and identify growth and cost optimization opportunities of XL Group

CNA Financial (CNA) Business Analysis – Analyze Historical Performance, Strategic Priorities,...

Cna Financial Corp with $9 billion revenues in the year 2016 was the number 10 Property & Casualty Insurance company. Read this report to know the top competitors of CNA Financial and identify growth and cost optimization opportunities of CNA Financial

W. R. Berkley (WRB) Business Analysis – Analyze Historical Performance, Strategic...

W. R. Berkley Corp with $8 billion revenues in the year 2016 was the number 12 Property & Casualty Insurance company. Read this report to know the top competitors of W. R. Berkley and identify growth and cost optimization opportunities of W. R. Berkley

American Financial Group (AFG) Business Analysis – Analyze Historical Performance, Strategic...

American Financial Group Inc with $6 billion revenues in the year 2016 was the number 13 Property & Casualty Insurance company. Read this report to know the top competitors of American Financial Group and identify growth and cost optimization opportunities of American Financial Group

Alleghany (Y) Business Analysis – Analyze Historical Performance, Strategic Priorities, And...

Alleghany Corp with $6 billion revenues in the year 2016 was the number 14 Property & Casualty Insurance company. Read this report to know the top competitors of Alleghany and identify growth and cost optimization opportunities of Alleghany

Revenues Analysis

Willis Towers Watson (WLTW) Revenues And Revenue Growth From 2012 To...

This report provides the last five years revenues and revenue growth of Willis Towers Watson Plc (WLTW) from 2012 to 2016. Willis Towers Watson generated a total of $7.9 billion revenues during 2016. Willis Towers Watson reported a revenue growth of 106% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.

Willis Towers Watson (WLTW) Revenues And Revenue Growth From 2002 To...

This report provides the last fifteen years revenues and revenue growth of Willis Towers Watson Plc (WLTW) from 2002 to 2016. Willis Towers Watson generated a total of $7.9 billion revenues during 2016. Willis Towers Watson reported a revenue growth of 106% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.

Willis Towers Watson (WLTW) Revenue Growth Comparison With Industry Growth From...

This report provides a comparison of Willis Towers Watson Plc (WLTW) revenue growth with Property & Casualty Insurance industry growth during the last five years from 2012 to 2016. Willis Towers Watson reported a revenue growth of 106% year-over-year during 2016. The Property & Casualty Insurance industry growth was 6.6% year-over-year during 2016. Willis Towers Watson growth was faster than the industry during 2016.

Profit Analysis

Willis Towers Watson (WLTW) Net Profit And Net Margin From 2013...

This report provides the last four years net profit and net margin of Willis Towers Watson Plc (WLTW) from 2013 to 2016. Willis Towers Watson reported a total net income of $420 million during 2016. Willis Towers Watson generated a total of $7.9 billion revenues during 2016. Willis Towers Watson net profit margin was 5.3% during 2016. The net profit and the net profit margin correspond to the fiscal year ending in