Towers Perrin

Recent Events

News & Analysis

strategy and towers perrin - All News and Analysis

• Risk Management In Strategic Decision Making

  BNET - 2007-03-01

  Risk management is not new. Insurance companies have been doing it for centuries. Unfortunately, they do not have an exemplary track record, as losses over the past decade have shown. Some risks have been badly managed and others completely overlooked. However, the industry's position has been changing rapidly over the...

  Tags: Towers Perrin, Decision-making, Risk Management, Strategy, Financial Planning, Financial Services, Insurance, Security, Management, Finance, Business Operations, Corporate Insurance

• Winning Strategies for a Global Workforce: Attracting, Retaining and Engaging Employees for Competitive Advantage

  BNET - 2006-01-25

  The Towers Perrin Workforce Study was fielded via the Web by Harris Interactive in June and July of 2005 using a standard questionnaire translated into local languages. Roughly 86,000 employees around the world completed the survey, all of whom were employed full time by midsize to large organizations. Key statistics...

  Tags: Strategy, Towers Perrin, Competitive Advantage, Workforce, Recruitment & Selection, Marketing Research, Human Resources, Workforce Management, Marketing

• Employers Are Revisiting Their Long-Term Retiree Medical Strategies

  BNET - 2005-12-09

  Now that most employers have completed the flurry of activities involved in qualifying for the Medicare prescription drug subsidy, they're stepping back to evaluate their broader retiree medical commitments. While the majority of large employers want to provide meaningful benefits to both actives and retirees, many can no longer commit...

  Tags: Strategy, Towers Perrin, Employer, Health Care, Vertical Industries, Healthcare, Benefits, Enterprise Software, Software, Human Resources

• Hurricane Katrina: Analysis of the Impact on the Insurance Industry

  BNET - 2005-10-01

  Towers Perrin estimates direct industry loss from Katrina at $40 to $55 billion as of September 30, 2005. This paper presents an analysis which includes line-of business estimates; how losses will be split among insurers, reinsurers and capital markets; a look at hurricane frequency and severity; risk management implications; and...

  Tags: Towers Perrin, Insurance, Hurricane Katrina, Analysis, Financial Planning, Strategy, Financial Services, Security, Finance, Management

• ERM: From Compliance to Value

  BNET - 2005-08-01

  Growing demands from shareholders for senior management to take enterprise risk management ERM more seriously has at last formalized the essential connection between a company's business operations and its overall risk management program. A unifying framework can help companies identify and articulate risks consistently across the enterprise and evaluate alternative...

  Tags: Towers Perrin, Risk, Compliance, Capital Structure, ERM, Capital Structures, Strategy, Enterprise Risk Management, Security, Finance, Management, Business Security, Business Operations

• Employers Are Using New Strategies to Manage Prescription Drug Costs

  BNET - 2005-07-19

  Prescription drug costs have grown at double-digit rates over the past two decades, representing roughly 18% of the total medical spend for active employees and close to 40% for retirees. A growing number of organizations are tackling the drug trend head on and realizing measurable savings by using multipronged approaches...

  Tags: Strategy, Towers Perrin, Employer, Prescription, Healthcare, Sales Force Management, Sales

• Knowledge and Courage: The Keys to Success

  BNET - 2005-06-17

  Risk assessment involves both identifying significant risk factors that are correlated with insurance losses and claims, and determining how those risk factors are interrelated. This article indicates that complete and accurate risk assessment offers an insurer a real competitive advantage in pricing, but only if the insurer also has the...

  Tags: Risk Assessment, Towers Perrin, Knowledge, Insurance Company, Courage, Insurance, Tools & Techniques, Strategy, Financial Planning, Business Operations, Corporate Insurance, Management, Finance

• Property/Casualty Insurance: Casualty Cats in a Post-Andrew World

  BNET - 2005-06-17

  Fifteen years ago, a way of estimating the emerging mass tort liabilities was required. However, it took a hurricane to help casualty exposure-based models gain acceptance. The paper depicts that Hurricane Andrew restructured the property insurance industry nearly as thoroughly as it rearranged south Florida, and the insurance industry has...

  Tags: Towers Perrin, Hurricane, Insurance, Strategy, Business Operations, Corporate Insurance, Management

• The Coming Talent Crisis - Is Your Organization Ready?

  BNET - 2004-10-01

  As the baby boom generation approaches retirement, some companies are beginning to wonder where tomorrow's workforce will come from. How would one meet their 10- or even five-year business plans when the mature workers move on, taking with them a lifetime of skills, experience and knowledge about their business, industry...

  Tags: Talent, Towers Perrin, Workforce Management, Recruitment & Selection, Payroll Solutions, Strategy, Human Resources, Management

• Insurance Industry Trends to Watch

  BNET - 2004-01-01

  According to Tillinghast, the insurance industry is at a critical juncture with issues surrounding consolidation, pricing, legislative reforms and capital concerns shaping the market for 2004. The industry is ripe for realignment, and most companies won't have the option of sitting on the sidelines. Given operating and financial pressures, insurers...

  Tags: Towers Perrin, Insurance, Financial Planning, Strategy, Financial Accounting, Business Operations, Corporate Insurance, Finance, Management