Willis Towers Watson has created a corporate venturing subsidiary, WTW Strategic Ventures, and a new group, the Growth Board, to make strategic investments in startups.
UK-based insurance broker Willis Towers Watson (WTW) has launched a corporate venture capital arm called WTW Strategic Ventures.
WTW Strategic Ventures will invest in developers of insurance, risk and human capital technologies that are pertinent to the firm’s business.
The corporate has also launched an entity called Growth Board which will collaborate with the existing New Venture Investment Committee to back emerging ideas and develop market reach, customer bases and business models.
John Haley, chief executive of Willis Towers Watson,…