Towers Watson steps up professional services game

Screengrab from https://www.towerswatson.com/

MANILA, Philippines—Global professional services firm Towers Watson has established a “benefits brokerage operation” in the country as part of the company’s move to develop and implement integrated global benefit solutions for its customers.

To be managed by Towers Watson Insurance Brokers Philippines, the operation will be integrated into the company’s existing benefits segment. The company will manage the design, implementation, financing and on-going management of health, disability and other insured benefits.

“Our clients are increasingly looking for solutions that have both global consistency and local relevance. This expansion will allow us to provide seamlessly integrated design, execution and management of benefit programs to multinational organizations,” said Rajeshree Parekh, Asia Pacific director for global health and group benefits at Towers Watson. “Our team understands that simply providing brokerage is not enough. Health and well-being play a crucial role in an organization—contributing to the bottom line through the productivity of employees and to the organization’s very DNA as employer of choice.”

Parekh further noted that forward-looking employers are looking for the right benefits package to dovetail with a holistic health strategy.

Towers Watson helps companies improve performance through effective people, risk and financial management. With 14,000 associates worldwide, it offers solutions in the areas of employee benefits, talent management, rewards, and risk and capital management.