Myanmar Representative Office...4 willistowerswatson.com Our core risk and insurance capabilities...
Transcript of Myanmar Representative Office...4 willistowerswatson.com Our core risk and insurance capabilities...
Myanmar Representative OfficeAn innovative and fresh approach to insurance and risk management
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
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
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TMTHealthcareTransportation
“ 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.
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
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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Unit 416, Level 4 Strand Square 53 Strand Road Pabedan Township Yangon Tel: +95 1230 7368