BNET Industries
Last Fiscal Year Sales:$1.6M
- Private
- US
Dow Jones Description
Towers Perrin is a global professional services firm that helps organizations improve their performance through effective people, risk and financial management. Through its HR Services business, Towers Perrin provides global human resource consulting that helps organizations effectively manage their investment in people. Areas of focus include employee benefits, compensation, communication, change management, employee research and the delivery of HR services. The firm?s other businesses are Reinsurance, which provides reinsurance intermediary services, and Tillinghast, which provides management and actuarial consulting to the financial services industry. Together these businesses have offices and business partner locations in the United States, Canada, Europe, Asia, Latin America, South Africa, Australia and New Zealand. Our clients include more than 700 of the U.S. Fortune 1000 companies, as well as three-quarters of the Global Fortune 500 More information about Towers Perrin is available at www.towersperrin.com.
Contact Information
One Stamford Plaza
263 Tresser Boulevard
Stamford, Connecticut 06901
203-326-5400
Peer Companies
NAICS Code Administrative Management and General Management Consulting Services: 541611
Recent Events
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Watson Wyatt Worldwide Reports Adjusted EPS of $0.84
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Towers Perrin Names Levene Retail Insurance Brokerage Leader
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Watson Wyatt Q1 Net Profit Down, Adj. EPS Beats Estimates; Guides Q1 Below Estimates; Backs...
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Prudential UK to Centralize Financial Modeling and Risk Management Apps
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Todays Zacks Rank Value Buy: Watson Wyatt Worldwide Inc.
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Watson Wyatt Worldwide Finishes Fiscal 2009 with Revenues of
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Business in the Burbs: Towers Perrin gets IDA offer to stay in Westchester
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REFILE-Bank of America promotes two M&A bankers
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US Consultants Towers Perrin, Watson Wyatt to Merge
News & Analysis
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Elevate Claim Performance Via Technology
Over the last decade, insurers have responded to competitive pressures by emphasizing tighter expense management and pricing segmentation as key strategies leading to profitability. Top-performing carriers have also turned to data and technology, seeking opportunities to automate work, outsource noncore functions to lower cost resources, or internally shift work and...
2004 Pricing Methodology Survey Results
This article discusses the key findings from Tillinghast's 2004 Pricing Methodology Survey of individual life, annuity and health products. While similar to other surveys this study also includes individual disability income products. The new survey also differentiates between accumulation-oriented universal life products and protection-oriented universal life products with no-lapse guarantees.
Managing Overconfidence in Pricing
Insurers can overcome mispricing by taking practical steps to implement a "Control Cycle." The cycle improves decision making by enabling actuaries and underwriters to learn from the past. If insurers did a better job of managing "overconfidence" among their actuaries and underwriters when they make pricing and underwriting decisions, those...
Managing Overconfidence
For years, behavioral scientists have talked about the need for businesses to manage overconfidence. Nowhere is the issue of overconfidence more important than in the property/casualty insurance industry, particularly in pricing and underwriting. Actuaries and underwriters make critical assumptions, based on imperfect knowledge, about the future costs of business being...
Product Pricing in a Price Sensitive World
"The results of the 1999 Tillinghast Distribution Efficiency Survey suggest that the price volume games are becoming effective, as a number of larger players appear to be gaining efficiencies of scale in the distribution of new business. It is apparent that over a number of years, players who are...
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