Willis Towers Watson unveils new initiatives to fuel organic and inorganic growth

Broker Willis Towers Watson has unveiled a new venture capital arm focused on investing in start-ups, and created a growth board to help drive innovation at the company.

The company hopes these initiatives will help in targeting organic and inorganic growth.

WTW Strategic Ventures will make early stage investments in companies pursuing next-generation innovation, bolstering access to cutting-edge ideas and trends. WTW said these investments will unlock new growth possibilities in strategically relevant businesses.

Meanwhile, the growth board will increase the company’s organic innovation efforts by supporting early-stage ideas that have the potential to create new markets, new customer channels and new business models. Working together with the existing New Venture Investment Committee, the growth board will help expand Willis Towers Watson’s innovation pipeline.

John Haley, CEO, Willis Towers Watson, said, “WTW Strategic Ventures is core to the company’s growth strategy by enhancing our capabilities to identify and develop strategic opportunities and alliances aimed at delivering tangible value to our clients. These new initiatives will source investments and utilize relationships with the venture capital community, clients and industry connections to support innovation inorganically, and organically with the Growth Board, to create new offerings in areas of strategic interest to the company.”

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