Willis Towers Watson Names Alice Underwood as the Global Head of Its Risk Consulting and Software Business

ARLINGTON, Va., June 7 -- Willis Towers Watson, an advisory, broking and solutions company, issued the following news release:

Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today announced the appointment of Alice Underwood as the global head of its Risk Consulting and Software (RCS) business.

Based in New York, Underwood joins the RCS team from Willis Re, Willis Towers Watson's reinsurance business, where she led the North America analytics team and was a member of the Willis Re global leadership team.

Before joining Willis Towers Watson in 2006, Underwood led a team of actuaries and catastrophe modelers at Guy Carpenter. Prior to that, she led the specialty lines pricing team for Converium Re's North America operations and served as a lead actuary for Zurich Financial Services in both North America and Switzerland. Underwood holds a B.S. with the highest honors in mathematics from The University of Texas and a Ph.D. in mathematics from Princeton University.

"Willis Towers Watson has so much to offer clients to help them manage their risk and capital, especially in these times of accelerating and disruptive change in the insurance industry," said Underwood. "We are in a unique position to bring RCS expertise and solutions to clients, and I am continually impressed by our consultants' insights, depth of expertise and dedication to client service."

"I am delighted to have Alice on board as the global head of our RCS business," said Carl Hess, head of Investment Risk and Reinsurance, Willis Towers Watson. "Alice brings with her a wealth of experience that will benefit our clients as we strengthen our position as the leading consultancy and technology solution provider for the insurance industry.

Underwood will continue to lead the Willis Re North America analytics team until a successor is appointed.

About RCS

Willis Towers Watson's RCS business has over 1,200 colleagues operating in 35 markets worldwide. It is a leading provider of advice, solutions and software, primarily to the insurance industry. Its consulting services help clients manage risk and capital, improve business performance and create competitive advantage by focusing on financial and regulatory reporting, enterprise risk and capital management, M&A and corporate restructuring, products, pricing, business management and strategy.

About Willis Towers Watson

Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving in more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas -- the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.