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Who Are Willis Towers Watson’s Main Competitors?

Willis Towers Watson PLC (WLTW) is without doubt one of the largest multinational insurance coverage advisory and brokerage corporations on the planet. The 2016 merger of Willis Group Holdings PLC and Towers Watson & Firm, valued at $18 billion, helped increase the corporate’s place within the world market. As of Sept. 23, 2021, the corporate’s market capitalization was about $30.3 billion.

The London-based agency provides skilled consulting, assist, and outsourcing providers within the areas of insurance coverage and reinsurance, pensions and retirement planning, well being care insurance coverage, expertise, and danger administration.

WLTW inventory hit a excessive for 2019 at $202 in mid-December after it introduced it was shopping for PE Company Providers, a South African advisory providers agency. In July 2021, the inventory value was at $224.15, down from a excessive of $261 in Could.

The corporate faces competitors within the skilled providers trade from the likes of rivals Marsh & McLennan Firms, Aon PLC, and Arthur J. Gallagher & Firm.

Key Takeaways

  • Willis Towers Watson is a world firm that provides a variety {of professional} consulting and assist providers associated to insurance coverage, pensions, and retirement planning.
  • The corporate turned one of many world’s largest multinational insurance coverage advisory and brokerage corporations after the merger of Willis Group Holdings and Towers Watson & Firm in 2016.
  • It provides skilled providers in numerous areas, corresponding to insurance coverage, pensions, and danger administration.
  • Its major rivals embody Marsh & McLennan, Aon, and Gallagher.
  • Though its market cap falls beneath these of its rivals, Willis Towers Watson leads by way of EPS for the trailing 12 month interval.

How the Opponents Stack Up

There are various methods we will examine Willis Towers Watson with its competitors. One of many metrics we will use is market cap. Keep in mind, that is the total dollar market value of an organization’s excellent inventory shares. It’s calculated by multiplying an organization’s complete variety of excellent shares by the present market price of a single share.

This is how Willis Towers Watson and its rivals rank by way of market cap:

  • Marsh & McLennan (MMC): $79.58 billion
  • Aon (AON): $67.32 billion
  • Arthur J. Gallagher (AJG): $31.3 billion
  • Willis Towers Watson: $30.3 billion

Nevertheless, Willis Towers Watson was on high by way of earnings per share (EPS) for the trailing 12 months (TTM) in July 2021 at $11.65, in comparison with $4.91 for Marsh & McLennan, $9.16 for AON, and $4.56 for Arthur J. Gallagher.

These figures are present as of Sept. 23, 2021.

Willis Towers Watson was based in 1828 and is predicated in London.

Marsh & McLennan Firms

Marsh & McLennan’s roots date again to 1871 when co-founder Henry Marsh dropped out of Harvard to pursue his fortune as an insurance coverage dealer in Chicago, the place the Nice Hearth worn out a lot of the competitors. In 1901, his firm merged with that of Donald McLennan, who shared his enthusiasm for promoting insurance coverage merchandise to the nation’s railroad corporations.

The corporate now operates in two main enterprise segments: risk management, and insurance coverage providers.

MMC inventory closed at $157.08 on Sept. 22, 2021. Its shares have been up greater than 35% from a yr earlier than, in comparison with 32.6% for the S&P 500 Index. It had a dividend yield of 1.36%.

Aon PLC

London-based Aon PLC was created by the 1982 merger of Ryan Insurance coverage Group and the Mixed Insurance coverage Co. of America. Its world presence grew by means of acquisitions in Holland and Spain, amongst different nations.

Aon’s current acquisitions embody CoverWallet, an digital insurance platform for small- and mid-sized companies, which it bought in January 2020.

London-based Aon closed at $299.08 on Sept. 22, 2021. That is a rise of 49.6% in a yr. It had a dividend yield of 0.68%.

Arthur J. Gallagher & Firm

Arthur J. Gallagher & Firm, additionally identified merely as Gallagher, was based in 1927 as a Chicago insurance coverage firm and is headquartered in Itasca, Illinois.

The corporate grew by means of acquisitions, together with almost 400 made between 2010 and 2018. It now operates three enterprise segments, together with insurance coverage brokerage, danger administration, {and professional} providers.

AJG closed the day at $151.39 on Sept. 22, 2021. That is a forty five% improve in a single yr. The corporate had a dividend yield of 1.26%.

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