STOCK TITAN

WTW announces Jon Oppenheim as new Construction leader in CRB North America

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

WTW (NASDAQ: WTW) has announced Jon Oppenheim as the new Head of Construction for Corporate Risk and Broking (CRB) in North America. Oppenheim, who has over 20 years of experience in the construction industry, previously served as the Southeast Region Construction Leader for CRB North America. His new role will focus on guiding clients through market changes and challenges using WTW's Industry Vertical Division (IVD) strategy. This strategy aims to bring unparalleled industry expertise and resources to clients. Oppenheim's appointment is expected to enhance the delivery of comprehensive risk management solutions across North America.

Positive
  • Jon Oppenheim's appointment brings over 20 years of industry experience to WTW.
  • Oppenheim's previous role as Southeast Region Construction Leader adds relevant leadership expertise.
  • WTW's IVD strategy is market-leading, aiming to provide comprehensive risk management solutions.
  • Oppenheim's dynamic approach and understanding of unique client risk profiles are highlighted as strengths.
  • Support from senior leadership, including Michael Chang and Alastair Swift, indicates strong internal confidence.
Negative
  • The press release lacks specific financial data to quantify the immediate impact of Oppenheim's appointment.
  • No concrete figures or projections were provided to assess potential improvements in market performance or client acquisition.
  • The announcement does not address any existing challenges or gaps within the North American construction sector.

NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced that Jon Oppenheim will now serve as the Head of Construction, Corporate Risk and Broking (CRB), North America. With WTW’s Industry Vertical Division (IVD) approach to bring market-leading construction industry expertise to clients, Oppenheim brings more than twenty years of relevant experience navigating the trends and evolving risk profiles facing clients in the construction industry. Most recently, he served as CRB North America’s Southeast Region Construction Leader. With a focus on bringing the industry’s best expertise and resources from across the Global Line of Business and IVD directly to clients, Oppenheim will guide clients through market shifts and unexpected challenges.

The Industry Vertical Division (IVD) strategy across North America, working in lock step with our Global line of Business strategy, aims to deliver the most comprehensive suite of benefits available in the market to guide clients through an evolving risk environment. This wide-ranging, comprehensive platform for clients is a market-leading strategy that ensures all colleagues within the Construction IVD bring their experience and industry knowledge to provide an unsurpassed, ideal solution for a client to manage their particular risk profile.

Jon Oppenheim, Head of Construction, North America, CRB NA, WTW, commented, “Earning the trust of our construction clients is based on the depth of our understanding of their unique risk profile. They clearly recognize and deeply appreciate the IVD strategy and the fact they every single member of the IVD team brings a specialized expertise within the world of construction. We are excited to continue utilizing the comprehensive IVD structure so that we can deliver optimal risk solutions.”

Oppenheim brings a new, dynamic approach to leading the construction team throughout North America. His leadership and robust industry background aligns with the IVD foundational strategy of bringing the very best construction expertise to clients. The Construction IVD operates through a global, national, and regional structure so that the team experts are aligned across the globe and regionally to deliver safety plans, broking arrangements, risk engineering, and a unique approach to utilizing data and analytics to better understand a particular situation.

Michael Chang, Head of CRB NA, commented, “I am excited to support Jon as he steps into this new leadership role in North America. His robust knowledge of the construction industry and the unique challenges facing clients is a perfect fit for leading our Construction IVD on a national scale. I am confident that his knowledge will allow him to bring the best resources to meet client needs.”

Alastair Swift, Head of Global Lines of Business, CRB, commented, “It is great to have Jon working as part of the Global Construction leadership team, bringing the very best of what we have to offer Globally to our clients and colleagues across North America.”

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. Learn more at wtwco.com.

Media Contact

Douglas Menelly, Public Relations Lead, North America
Douglas.Menelly@wtwco.com | +1 (516) 972 0380

Arnelle Sullivan
Arnelle.Sullivan@wtwco.com | +1 (718) 208-0474


FAQ

Who is Jon Oppenheim?

Jon Oppenheim is the newly appointed Head of Construction for Corporate Risk and Broking (CRB) in North America at WTW.

What is Jon Oppenheim's new role at WTW?

Jon Oppenheim has been named the Head of Construction for Corporate Risk and Broking (CRB) in North America.

What experience does Jon Oppenheim bring to WTW?

Jon Oppenheim brings over 20 years of experience in the construction industry to his new role at WTW.

What is WTW's Industry Vertical Division (IVD) strategy?

WTW's IVD strategy aims to provide market-leading construction industry expertise and comprehensive risk management solutions to clients.

How will Jon Oppenheim's appointment affect WTW's clients?

Jon Oppenheim's appointment is expected to enhance WTW's ability to guide clients through market shifts and unexpected challenges using the IVD strategy.

Willis Towers Watson Public Limited Company Ordinary Shares

NASDAQ:WTW

WTW Rankings

WTW Latest News

WTW Stock Data

31.80B
100.43M
0.24%
94.83%
0.99%
Insurance Brokers
Insurance Agents, Brokers & Service
Link
United States of America
LONDON ENGLAND