WTW enters co-brokerage agreement with The J. Morey Company, Inc.

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[{"type":"text","content":"NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced a co-brokerage arrangement with The J. Morey Company, Inc., an Ori-gen family company. Focused on customized risk management solutions and related services, the agreement is intended to align resources to deliver industry-leading brokerage support and tailored insurance solutions to North American exposures of companies with headquarters in Japan. The J. Morey Company’s influence and relationships within the Asian marketplace bolster the extensive brokerage experience that WTW’s Asia Risk Division brings to the market. Clients will benefit from the joint resources and industry expertise available via the new partnership agreement. Asian companies with specific needs in addressing risk management now have the benefit of accessing the breadth of market and coverage options from WTW’s broad carrier relationships. The intent of the co-brokerage agreement is to deliver optimal risk transfer services and solutions to the unique exposure needs of clients with operations and risks in markets including Japan, along with other parts of Asia. One of the primary advantages of this partnership is aligning the value of CRB North America’s Industry Vertical Divisions (IVDs) with the experienced brokerage team at The J. Morey Company. The partnership affords The J. Morey Company’s Asian clients the opportunity to receive expertise and IVD industry knowledge. This partnership comes at an opportune time as The J. Morey Company’s parent company, Ori-gen, continues to expand their specialized divisions, including their Japanese Practice. Chris Condello, Head of the Asia Risk Division, Corporate Risk & Broking (CRB), North America, WTW, commented, “This partnership allows both brokerage firms to align to deliver the best risk management solutions to our Asian clients. Through the experience and market relationships that both The J. Morey Company and WTW maintain within the industry, we can align our resources to deliver the best insurance programs and risk solutions to our Asian clients. I look forward to deepening our partnership and providing optimal insurance solutions to our Asian customers.” Michael Chang, Head of Corporate Risk & Broking (CRB), North America, WTW, added, “Bringing the deep industry knowledge...

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