Myanmar Representative Office...4 willistowerswatson.com Our core risk and insurance capabilities...

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Myanmar Representative Office An innovative and fresh approach to insurance and risk management

Transcript of Myanmar Representative Office...4 willistowerswatson.com Our core risk and insurance capabilities...

Page 1: Myanmar Representative Office...4 willistowerswatson.com Our core risk and insurance capabilities Financial, Executive and Professional Risk Directors and Officers Liability Professional

Myanmar Representative OfficeAn innovative and fresh approach to insurance and risk management

Page 2: Myanmar Representative Office...4 willistowerswatson.com Our core risk and insurance capabilities Financial, Executive and Professional Risk Directors and Officers Liability Professional

The Willis Towers Watson position in Myanmar

Willis Towers Watson is a global provider of risk and insurance advice and is pleased to play our part in support of Myanmar’s future. We bring our industry insight, risk quantification skills and global reinsurance access to the country, linking together companies with Myanma Insurance and the global reinsurance market.

This brochure offers an overview of our capabilities and why we should be considered the broker of choice for companies with interests in this country.

An innovative and fresh approach to insurance and risk management

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Four Business Segments

Corporate Risk and Broking

We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to quantify, mitigate and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results.

Exchange Solutions

A changing health care landscape creates new opportunities. With our combined understanding of regulation and risk, behavioral insights and technology platforms, we create innovative exchange based services and solutions that enable people to navigate options with confidence, and give employers decision-making peace of mind.

Human Capital and Benefits

High-performing institutions cultivate and grow talent, carefully balancing costs and rewards. From employee benefits to executive compensation, we take a rounded perspective based on leading-edge thinking, data, analytics and software, unearthing new ways to motivate people, foster well-being and implement solutions that work.

Investment, Risk and Reinsurance

Our sophisticated approach to risk helps clients free up capital. We work in close concert with investors, reinsurers and insurers to manage the equation between risk and return. Blending advanced analytics with deep institutional knowledge, we reveal new opportunities to maximize performance.

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Our core risk and insurance capabilities

Financial, Executive and Professional Risk

�� Directors and Officers Liability

�� Professional Indemnity

�� Crime Insurance

�� Financial Institutions

�� Liability Schemes

�� Environmental Liability

Energy

�� Innovative products

�� Exploration (onshore/ offshore)

�� Construction and installation risks

�� Operational risks

�� Property Damage risks

�� Machinery Breakdown risks

�� Business Interruption risks

�� Third Party Liability risks

Claims Advocacy

�� In-house Claims Team

�� Major loss capability

�� Bespoke claims protocols for clients

�� Claims trending and analysis

�� Highly complex claims expertise

�� Challenging insurers reserves

�� Defending clients interests

Marine

�� Hull risks

�� Liability risks

�� Trade & Logistics

�� Protection & Indemnity

�� Piracy & War risks

�� Qualified claims handling and Adjusting team

Reinsurance

�� Risk Financing and Structuring

�� Risk Quantification

�� Treaty risks

�� Facultative risks

�� Execution, Service and Claims

Terrorism

�� Single and multinational locations

�� Access to all global markets

�� Terrorism, Sabotage, Political Violence and War products

�� Terrorism third party liability

�� Nuclear, chemical, biological and radiological risks

�� Unique Willis facilities with enhanced wordings

�� Multi year policies

Aviation

�� Passenger Liability risks

�� Hull risks

�� Third Party Liability risks

�� Products Liability risks

�� In-flight risks

�� War risks

�� Airports, Aircraft and Aviation Products

Employee Benefits

�� Advice on Programme Design

�� Benefit Review Audits

�� Market placement

�� Multinational Pooling and Captives services

�� Life, Healthcare

�� Personal Accident, Travel

�� Flexi Benefits, Disease Management

Mergers & Acquisition

�� M&A Consultancy

�� Due Diligence

�� Transaction Solutions

�� Contingency Risk Transfer

�� Fund Liability

�� Warranty & Indemnity Covers

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Corporate and Commercial

�� Superior policy wordings

�� Market leading facilities

�� Major and Medium sized business solutions

�� Global client capability

�� Focused on delivering superior client service

�� Property Damage Risks

�� Business Interruption risks

�� Third Party Liability Risks

Risk Management

�� Highly qualified team

�� Risk profile surveys

�� Risk identification, assessments and mitigation

�� Independency and supplier dependency analysis

�� Business Continuity Planning and Management

�� Due Diligence, training

Captive Management

�� Unique innovative approach

�� Pioneering use of cell captives

�� Client revenue enhancement opportunities

�� Advice for Decision making

�� Full Captive administration

Political & Credit Risks

�� Expropriatory Acts

�� Political Violence Acts

�� Currency Inconvertibility

�� Exchange Transfer of Profits

�� Exchange Transfer of Dividends

�� Business Interruption

�� Non Payment by Governments

�� Non Payment by Corporations

Construction

�� Construction ‘All Risks’

�� Advance Loss of Profits

�� Third Party Liabilities

�� Project Programmes

�� Professional Indemnity

�� Latent Defects

�� Performance Bonds

�� Contractor/Principle

�� Controlled programme

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Who we work withRisk and Finance Managers HR Managers Investors, reinsurers & insurers

How we help We help quantify, mitigate and transfer organisational risk so that it can be managed to drive superior

business results

We develop workforce programs to help cultivate and grow talent while carefully balancing costs and

rewards

We help unlock capital, and manage the equation between risk and return to maximise performance

Our Capabilities

From C-suite through to Risk or HR management, you can always approach our Client Relationship Directors (CRD), who connect you to our full range of knowledge and capabilities across 3 core business segments in 15 countries throughout Asia.

Our capabilities in Asia

Aerospace

Affinity

Captive Management

Claims Advocacy

Construction

Crime

Cyber

Directors and Officers

Energy

Forensic Claims Accounting

Marine

Political And Credit

Professional Indemnity

Property And Casualty

Risk And Analytics

Terrorism and Political Violence

Workers Injury Compensation

Industry Expertise

Regional Industry experts will partner with our Client Relationship Directors to ensure our clients are receiving a deeper level of advice and support, directly related to their sector.

Natural Resources

Agriculture Construction

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Who we work withRisk and Finance Managers HR Managers Investors, reinsurers & insurers

How we help We help quantify, mitigate and transfer organisational risk so that it can be managed to drive superior

business results

We develop workforce programs to help cultivate and grow talent while carefully balancing costs and

rewards

We help unlock capital, and manage the equation between risk and return to maximise performance

Our Capabilities

From C-suite through to Risk or HR management, you can always approach our Client Relationship Directors (CRD), who connect you to our full range of knowledge and capabilities across 3 core business segments in 15 countries throughout Asia.

Communication and Change Management

Employee Benefits

Executive Compensation

Global Data Services

Human Resource Technology

and Software

Mergers and Acquisitions

Organisational Surveys

& Employee Insights

Retirement

Rewards

Talent Management & Organizational Alignment

Employee Insights

Assessment

Capital Markets and Advisory

Investments

Portfolio and Underwriting Services

Risk Consulting and Software

Reinsurance Advice and Broking

Wholesale Insurance Broking

Global Wealth Solutions

Retail Hospitality and Leisure

Education Financial Institutions

$

TMTHealthcareTransportation

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“ A single Client Relationship Director (CRD) serves as your gateway to all we have to offer.”

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ListenListen to you and evaluate how we can fit into your strategy

�� One point of contact

Assemble teamAssemble the team and skills you need from across our organization

�� You will get a tailored group of industry experts to help you executea cohesive approach to both people and risk

CollaborateCollaborate with you to find the most appropriate solutions for your unique objectives

�� No internal barriers across our risk and HR solutions

ExecuteSupport you to seamlessly execute these solutions

�� Ownership and accountability

Regardless whether you are a Risk or HR manager, you can always approach our CRDs, who link you to our full suite of capabilities across 3 core business segments in Asia.

CRB IRRHCB

The Client Relationship Director

Client Relationship Directors act as a single point of access, responsible for ensuring the most appropriate expertise is delivered to our Clients, regardless of where the expertise is located.

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Since opening our first Asia office in China in 1924 through to today, Willis Towers Watson has been highly committed to understanding the local market and using this knowledge to benefit our clients. As one of the fastest growing regions combined with being the most populous, Asia plays a key role in our business.

Our distinct, connected perspective across talent, assets and ideas unlocks potential for our regional clients. While many just look at mitigating the downside, we see how a unified approach to people and risk is a path to growth.

Powered by market analytics and behavioral insight, our integrated teams throughout the region reveal hidden value within the critical intersections of our clients’ organizations. 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. Willis Towers Watson and its affiliates has specialist teams throughout Asia gathering local industry knowledge to be at the forefront of both people and risk in your industry.

Willis Towers Watson in Asia

Key facts

1564

7,000+20,000+

Countries

Offices

Colleagues

Clients

India

�Clients: 1000+

�Offices: 13

�Colleagues: 3356

Thailand

�Clients: 2000+

�Offices: 2

�Colleagues: 31

Vietnam and Cambodia

�Clients: 600+

�Offices: 3

�Colleagues: 157

Myanmar

�Clients: 70+

�Offices: 1

�Colleagues: <10

Singapore

�Clients: 4000+

�Offices: 2

�Colleagues: 321

China

�Clients: 2500+

�Offices: 28

�Colleagues: 700

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South Korea

�Clients: 500+

�Offices: 1

�Colleagues: 56

Japan

�Clients: 2000+

�Offices: 3

�Colleagues: 201

Taiwan

�Clients: 1000+

�Offices: 1

�Colleagues: 120

Philippines

�Clients: 600+

�Offices: 1

�Colleagues: 1158

Hong Kong

�Clients: 3000+

�Offices: 4

�Colleagues: 410

Indonesia

�Clients: 2000+

�Offices: 1

�Colleagues: 201

Brunei

�Clients: 100+

�Offices: 1

�Colleagues: 6

Malaysia

�Clients: 750+

�Offices: 3

�Colleagues: 71

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A truly compelling combination

A strong client focus, an emphasis on teamwork, unwavering integrity, mutual respect and a constant striving for excellence are the values at the core of the Willis Towers Watson organisation.

39,000 colleagues

in 120+ countries

Scale, diversity and financial strength

$8.2 billion revenue

A deep history

dating back to 1828

North America: 36%

Great Britain: 16%Western Europe: 18%

International: 30%

Total: 39,000

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An integrated offering for our clients

Legacy Willis and Legacy Towers Watson announced the merger on 30 June 2015 in a deal valued at $18 billion. On 11 Dec, 2015, Shareholders of each company approved the proposals necessary to complete the merger of equals transaction and the merger was officially completed in January, 2016. Legacy Willis was a leading global insurance broker delivering professional insurance, reinsurance, risk management, financial and human resource consulting and actuarial services to organizations. Legacy Towers Watson was a leading global professional services company that helps organizations improve their performance through effective people, risk and financial management.

This strategic combination created a unified platform for global growth, including positioning the company to leverage our mutual distribution strength to enhance market penetration, expand our global footprint and create a strong platform for further innovation.

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Willis Limited, Registered number: 181116 England and Wales.Registered address: 51 Lime Street, London, EC3M 7DQ. A Lloyd’s Broker. Authorised and regulated by the Financial Conduct Authority for its general insurance mediation activities only. 20585/09/17

willistowerswatson.com

About Willis Towers WatsonWillis Towers Watson (NASDAQ: WLTW) 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 40,000 employees serving more than 140 countries. 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. Learn more at willistowerswatson.com.

Getting in contactKhaing Zar Aung Chief Representative Officer, Myanmar and Head of Corporate Risk and Broking, Myanmar Tel: +65 6591 8115 Mobile: +65 9088 9057 Mobile: +95 9 400 400 296 [email protected]

Our office location

Maha BandulaPark

Yangon River

Merchant Road

Strand Road

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Bank Street

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Unit 416, Level 4 Strand Square 53 Strand Road Pabedan Township Yangon Tel: +95 1230 7368