WTW's Willis appoints Adrian Cousins as Head of London Market Claims
In this new role, Cousins will be responsible for overseeing and implementing key aspects of Willis' global claims strategy, including strategic engagement with London market insurers, reinsurers, adjusters and law firms.
Cousins will report to Neil Harrison, Global Head of Claims, who commented:
'We're continuously evolving our approach to the delivery of claims services and solutions, leveraging our specialty and scale for the benefit of our clients. Achieving our goals in this critical area of the Willis client value proposition requires proven leadership, technical expertise and strong market relationships. Adrian has delivered outstanding outcomes for Willis clients for many years and we look forward to him now taking on these broader responsibilities as part of our Global Claims Leadership Group.'
In addition to the Head of London Market Claims role, Cousins will continue to serve as Head of Claims for FINEX in GB, Western Europe and internationally, reporting to Jeremy Wall, Global Head of FINEX.
About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.
Media contacts
Lauren David
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
25 minutes ago
- Globe and Mail
Contra Guys: It can be advantageous to cast a wide – and global
How much of your portfolio is invested overseas? This is an important question, especially in a year such as this one, when many European stock indexes are beating North American benchmarks, including the S&P/TSX Composite Index. Though many Canadians are overweight in Canadian stocks, we remain true to our contrary roots and try to avoid home-country bias. Investing in our home market can have certain tax advantages, and avoids foreign exchange rate volatility, but it can also reduce diversification, increase risk and impact returns. Ultimately, it is a big world out there, and it can be advantageous to cast a wide net. This is why we make a habit of investing in exchange-traded funds and equities that do business around the globe. One such ETF is the Global X MSCI Greece ETF GREK-A, which tracks the performance of the MSCI All Greece Select 25/50 Index. Here at Contra the Heard Investment Newsletter, we took a stake in GREK in October, 2015. Back then, the Greek financial crisis was rumbling into its seventh year and few investors wanted to touch the country. The government had just negotiated its third bailout package, introduced capital controls and then-Prime Minister Alexis Tsipras had won a surprise re-election. These actions tempered the surging value of credit default swaps and yields on government debt, but the nation remained on the cusp of default. Gross domestic product had fallen from US$352.1-billion in 2008 to US$194.6-billion in 2015, the unemployment rate was around 25 per cent and the banking sector was on life support, as roughly 47 per cent of all loans were non-performing. To illustrate just how bad the Hellenic banking crisis was, during the peak of the 2008-09 U.S. financial crisis, America's non-performing loans were only 7.5 per cent. Amid these economic depression-like conditions, the Greek stock market sank to one of the cheapest in the world and we took a stake. Not only was it inexpensive, but we figured the Troika (a decision-making group composed of the European Commission, European Central Bank and International Monetary Fund) would not let Greece fail. The Troika had already bailed out the country three times and, within the context of the European Union, Greece was too big to fail. Once the ETF was in our portfolio, we practised patience. While corporate turnarounds take time, national ones can take even longer. In 2023, I wrote about the Greek ETF for The Globe and Mail. At the time, I argued the ETF was still cheap and the country was performing well thanks to a series of reforms that had cut the national debt, streamlined regulations, reduced tax avoidance, digitized government processes and put the banks back on their feet. Earlier: Greece's stock market is on a tear - and this ETF tracking it is poised for even more gains Fast forward to the present day and the turnaround has turned into a growth story. Greece regained an investment-grade credit rating in late 2023, the country's debt-to-GDP ratio has fallen from more than 200 per cent to 153.6 per cent and it produced a budgetary surplus of 1.3 per cent of GDP in 2024. By contrast, the euro zone average was a deficit of 3.1 per cent. The Greek government surplus is even more impressive given that most European countries have been spending just over 2 per cent of GDP on defence while Greece spent approximately 3.1 per cent last year. This should serve Greece well as the North Atlantic Treaty Organization alliance moves toward a new 5-per-cent target. Aside from government finances, the rest of Greece's economy is doing well too. The unemployment rate has fallen to under 8 per cent, the household-debt-to-GDP ratio has fallen from nearly 67 per cent to 39 per cent since the financial crisis and the financial sector's non-performing loan balance now stands at under 4 per cent. The banks have done so well that they now account for more than half of the GREK ETF versus around a quarter a decade ago. Despite all the success, Greece is not without risk. The debt-to-GDP ratio is still high, the nation continues to score poorly on the Corruption Perception Index despite recent advances and it has continuing problems with its neighbours in Turkey. The legal system is also a congested and inefficient mess. According to the EU Justice Scoreboard, it takes Greek courts over 600 days to conclude civil and commercial cases. By contrast, Denmark takes less than 20 days and most European countries take around 100 days. This means it can take years for a trial to reach a conclusion – assuming there is no appeal. These timelines slow down business, drive away foreign investment and leave parties impacted by court cases in a state of limbo. At its core, Greece faces poor demographics as well. The nation's fertility rate is roughly 1.3 births per woman, it suffered years of net emigration during the financial crisis and the median age, currently in the mid-40s, is climbing fast. This means that Greece's population, which peaked over a decade ago, is expected to fall in the decades ahead. Moreover, Greek society will get materially older; this will leave fewer working-age people to support retirees, health care infrastructure and pensions. All in all, however, Greece has more going for it than against it, and the turnaround over the past decade has been a resounding success. The outlook is positive and the GREK ETF could rally much further. We recently trimmed our position in GREK for a 109.2-per-cent gain. Locking in this profit recouped our initial investment but leaves plenty of skin in the game to benefit from future price appreciation. Today, GREK sports a yield of over 4 per cent and blends strong momentum with low stock valuations. These are excellent characteristics, especially when coupled with the underlying economic conditions. Our plan is to let the ETF run, look for valuations to increase further and sell the rest of our stake in slices. Once it is sold entirely, we will continue to avoid home-country bias, deploy the winnings in a new overseas investment and, with any luck, repeat the success. Philip MacKellar is the general manager at Contra the Heard Investment Newsletter.
CBC
25 minutes ago
- CBC
Carney aims to prioritize 'unity' during premiers' meeting, says Ontario Chamber of Commerce
Daniel Tisch, president and CEO of the Ontario Chamber of Commerce, says Prime Minster Mark Carney 'came across like a wartime leader' during his public address on Tuesday. He says his messaging following the premiers' meeting aimed to inspire 'unity' and 'public support.'
Globe and Mail
an hour ago
- Globe and Mail
Market Analysis: July 22nd, 2025
Global Markets Canadian Markets Canada's stock market edged higher, led by gains in gold prices flowing into strength in mining stocks, which helped support the TSX. Canadian investors remain cautious ahead of the August 1 deadline for potential new tariff implementations, which could impact key trade sectors, as the Canadian Prime Minister asserts he will only agree on a deal that benefits Canada. American Markets US stocks traded mostly lower as investors digested a wave of earnings reports from top companies. General Motors (GM) reported better-than-expected Q2 earnings and reaffirmed its full-year guidance, despite ongoing pressure from the 25% auto tariffs on imported vehicles and parts. The company maintained its earlier estimate of a $4–$5 billion impact from tariffs and did not revise that outlook. However, shares fell 6% following the report, as investor concerns linger over tariff-related headwinds and broader trade uncertainty. Google (Alphabet) is scheduled to release its earnings tomorrow, adding to the week's high-stakes tech reporting. European Markets European markets fell sharply amid concerns that second-quarter corporate profits across the region will decline by an estimated 0.3%. Adding to the bearish tone, Nokia slashed its 2025 profit guidance, citing headwinds from new tariffs and a weaker U.S. dollar. UK stocks reached a new record high, driven by gains in copper stocks. However, optimism was tempered by rising concerns over the UK's public debt servicing costs, which are increasing due to higher interest payments. Corporate News 3M Co Jefferies raised target price to $160 from $142, citing potential market share growth through new products. Airbnb Inc Sued by Los Angeles for price gouging during January wildfires affecting over 2,000 properties. Alaska Airlines Group Inc Resumed flights after a 3-hour IT outage, the second major halt in just over a year. American Express Co JPMorgan raised target price to $343 from $342 following solid Q2 earnings. BHP Group Ltd. BHP selling stake in Kabanga nickel project to Lifezone for up to $83 million due to uncertain market outlook. Blackstone Inc Withdrew from TikTok U.S. deal consortium amid U.S.-China tensions and deal delays. Boeing Co Court hearing set for August 28 over DOJ agreement to avoid prosecution tied to 737 MAX crashes. Brookfield Renewable Corp Will invest up to $1 billion to raise stake in Isagen S.A. to 38%; Qatar Investment Authority to invest $500M. Champion Iron Ltd Nippon Steel and Sojitz to invest C$245M in Kami iron ore project for 49% stake (Champion retains 51%). Charles Schwab Corp Citizens raised target price to $110 from $106, citing strong growth, blockchain, and AI initiatives. Dynamix Corp Merging with The Ether Reserve to list on Nasdaq, raising over $1.6B with over 400,000 ETH on balance sheet. Domino's Pizza Inc Beat same-store sales expectations (3.4% vs. est. 2.21%); EPS at $3.81 (vs. est. $3.95), revenue $1.15B. Goldman Sachs Group Inc Appointed Samuel Green as managing director of Australian real estate investing. HDFC Bank Ltd Q2 profit rose 12.2% to ?181.55B, beating forecasts; interest income and treasury gains surged. ICICI Bank Beat forecasts with 15.5% profit growth to ?127.68B; loan book rose 12%, led by business loans. Meta Platforms Inc Settled $8B data privacy trial last-minute, avoiding Zuckerberg testimony; terms still pending. Microsoft Corp Issued alert over server attacks; collaborating with France to recreate Notre-Dame digitally. Also halting China-based military tech support amid Pentagon review. Miami International Holdings Filed for IPO, reporting wider Q1 loss; proceeds will go to debt, acquisitions, and investments. Ticker: MIAX. Ryanair Holdings PLC Q1 profit more than doubled to €820M; expects strong summer bookings and fare recovery. Sarepta Therapeutics Inc Leerink downgraded to Market Perform (from Outperform), slashed target to $10 (from $45), citing risk of Elevidys withdrawal. SS&C Technologies Holdings Inc Acquiring Calastone (British fund network) from Carlyle for £766M, expanding global fintech footprint. Stellantis NV Posted €2.3B H1 loss, citing Trump tariffs and product strategy revamp in U.S. and EU. Tesla Inc Raj Jegannathan now leading Tesla sales, replacing Troy Jones; shift reflects focus on IT-driven sales amid declining demand. Union Pacific Corp & Norfolk Southern Corp Exploring $200B merger, which would create a coast-to-coast rail network; early talks, potential regulatory hurdles. Zeekr Intelligent Technology Holding Ltd Along with Neta, accused of inflating sales figures by pre-registering cars to meet aggressive targets.
