WTW expands Financial Institutions team by adding three experts focused on broker-dealers and independent financial advisors

Rhea-AI Summary

WTW (NASDAQ: WTW), a global advisory, broking, and solutions firm, announced the addition of three experts to its Financial Institutions team within Corporate Risk and Broking, North America (CRB NA). Heather Mann, Larry Trombino, and Jeanette Younger join from Aon, enhancing WTW's capabilities in broker-dealer and independent financial advisor segments. Mann, based in Miami, has 23 years' experience and was previously an Executive Vice President at Aon. Trombino, an attorney, worked 16 years at Aon as a Senior Vice President in financial institutions and specialized in Broker-Dealer Errors & Omissions programs. Younger, based in San Francisco, brings 8 years of experience at Aon focused on developing E&O insurance programs for large financial institutions. Their expertise aims to strengthen WTW's market presence and leverage its technology platform.

Positive

• Addition of three experts from Aon enhances WTW's team capabilities.
• New hires strengthen WTW's position in the broker-dealer and independent financial advisor market.
• Focus on leveraging enhanced technology platform for better service delivery.

Negative

• Potential integration challenges with new hires from a competitor.

NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of three strategic new hires within the Financial Institutions and Professional Services industry division, which is part of Corporate Risk and Broking, North America (CRB NA). Bringing deep expertise within broker-dealers and independent financial advisors, the addition of Heather Mann, Larry Trombino, and Jeanette Younger will significantly broaden the team’s capabilities and further leverage our enhanced technology platform for this business.

Heather Mann, based in Miami, Florida, joins WTW from Aon, where she spent the previous 23 years. Most recently serving as an Executive Vice President, Mann brings a unique Financial Institutions expertise focused on developing creative risk finance and insurance solutions for broker-dealers and life insurance agents.

Larry Trombino, an attorney by training, is based in New York City, and spent the last 16 years at Aon, where he most recently served as a Senior Vice President in the financial institutions space. He was a team leader and primary claim advocate for company-sponsored insurance agents and specialized Broker-Dealer Errors & Omissions (E&O) programs.

Jeanette Younger, based in San Francisco, joins WTW from Aon, where she spent the previous 8 years. Most recently, she served as a Vice President, where she focused on developing E&O insurance programs for large financial institutions and their insurance agents, registered representatives, and investment advisors. With more than 21 years of experience serving the professional liability needs of financial institutions, she has a strong understanding of the industry and client’s specialized needs.

“Heather, Larry and Jeanette bring a highly specialized skillset to the team,” commented Brad Messinger, Head of Financial Institutions and Professional services (FIPS) in North America. “Financial institutions are a particular strength of CRB in North America, and we are thrilled to expand our expertise and deepen our presence with Independent Financial Advisors.”

Mike Chang, Head of CRB North America, added, “I am excited about the momentum our FIPS team has established in the market. The addition of this team of experts will help sustain that momentum, and position CRB NA as the go-to resource for specialized risk transfer solutions for financial institutions throughout the market.”

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 Contacts

Douglas Menelly
Douglas.Menelly@wtwco.com +1 (516) 972 0380

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

FAQ

What are the new strategic hires announced by WTW?

WTW announced the addition of Heather Mann, Larry Trombino, and Jeanette Younger to its Financial Institutions team.

How will the new hires affect WTW's capabilities?

The new hires will significantly broaden WTW's capabilities in the broker-dealer and independent financial advisor segments.

What is the experience background of Heather Mann?

Heather Mann has 23 years of experience and was previously an Executive Vice President at Aon.

Where is Larry Trombino based, and what is his expertise?

Larry Trombino is based in New York City and has expertise in financial institutions and Broker-Dealer Errors & Omissions programs.

What specialization does Jeanette Younger bring to WTW?

Jeanette Younger specializes in developing E&O insurance programs for large financial institutions.