Willis Towers Watson Strengthens ICT Team with Key Executive Appointments Amidst Robust Financial Performance and Strategic Growth Initiatives

Willis Towers Watson (WTW) has appointed Nicholas Carbo as Senior Director for Insurance Consulting & Technology, strengthening its team and reflecting strategic leadership commitments. The company's stock price has increased by 8% over the past quarter, aligning with broader market trends and supported by strong earnings reports, significant share buybacks, and anticipated revenue growth. The leadership appointment and robust financial results add momentum to WTW's positive trajectory amidst a generally buoyant market landscape.

Willis Towers Watson (WTW) has appointed Nicholas Carbo as Senior Director for its Insurance Consulting & Technology (ICT) business, reflecting the company's strategic leadership commitments. This appointment comes amidst a quarter where WTW's stock price has increased by 8%, aligning with broader market trends and supported by strong earnings reports, significant share buybacks, and anticipated revenue growth.

Carbo, who most recently served as Individual Annuity Chief Financial Actuary at Corebridge Financial, brings extensive experience in annuity assumption governance, experience studies, forecasting, and reinsurance analysis. Prior to this, he was Senior Principal at Oliver Wyman, where he provided consulting services to (re)insurance companies focusing on annuities, M&A-related projects, and Bermuda reporting. Carbo's appointment underscores WTW's commitment to enhancing its expertise in annuity product development, pricing, modeling, assumption development, reinsurance, and M&A [1].

The appointment of Carbo is part of a broader effort by WTW to strengthen its ICT team. Poojan Shah and Erika Dochney will also join the ICT team this summer as Director and Associate Director respectively. Shah joins from PwC, specializing in reinsurance structuring, M&A transactions, actuarial and finance modernization, and regulatory compliance. Dochney joins from Lincoln Financial Group, specializing in annual mortality experience studies and product development at Haven Technologies. Their additions further bolster WTW's capabilities in mergers and acquisitions, actuarial valuations, advanced actuarial modeling, life insurance product pricing, and underwriting [1].

WTW's financial performance has been robust, with a 21.60% return on equity and a net margin of 1.40% for the latest quarter. The company reported $2.86 earnings per share, topping analysts' consensus estimates by $0.21. Revenue for the quarter was $2.26 billion, slightly down by 0.2% year-over-year. Analysts predict an average earnings per share of $17.32 for the current year [2].

The Swiss National Bank has reduced its stake in WTW by 1.0%, selling 2,900 shares. However, this reduction is part of a broader trend of institutional investors increasing their stakes in WTW. Brighton Jones LLC, Wells Fargo & Company MN, Cerity Partners LLC, Raymond James Financial Inc., and Sterling Capital Management LLC have all increased their holdings in WTW, indicating confidence in the company's prospects [2].

Willis Towers Watson's strategic leadership and robust financial performance position it well for continued growth amidst a buoyant market landscape. The appointment of Nicholas Carbo and the additions of Poojan Shah and Erika Dochney further solidify WTW's leadership in the insurance consulting and technology sector.

References:
[1] https://www.marketscreener.com/news/willis-towers-watson-public-wtwa-s-ict-appoints-nicholas-carbo-as-senior-director-in-north-americ-ce7c5ed2dd80fe24
[2] https://www.marketbeat.com/instant-alerts/filing-swiss-national-bank-sells-2900-shares-of-willis-towers-watson-public-limited-company-nasdaqwtw-2025-08-10/