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Press Release

WTW launches Fintech and Digital Assets Taskforce to help clients tackle these complex ecosystems

August 27, 2024

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The Future of Financial Services

LONDON, August 27, 2024 — WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company today announced the formation of a Fintech and Digital Assets Taskforce to provide clients with consultancy support for managing risks in the complex Fintech and Digital Assets ecosystem.

Over the past decade, WTW has built deep industry and product expertise in the Fintech and Digital Assets sectors. To further support clients, WTW has brought together their global Fintech and digital assets specialists in an integrated taskforce across all lines of insurance to help their clients navigate the evolving regulatory environment and deliver innovative insights and solutions.

“WTW has consistently stayed ahead of financial innovations and the corresponding risks by addressing the evolving needs of our clients,” notes Jeremy Wall, Global Head of FINEX. “The creation of this is a strategic move to address the unique challenges presented by the fintech and digital assets ecosystems.”

This initiative is part of WTW's ongoing commitment for providing specialist knowledge around industry-specific risks. The taskforce is being co-led by Anthony Rapa, Fintech Subvertical Leader in North America and Trenton McNee, Fintech and Digital Assets Industry Leader in Great Britain.

“In today’s fast-paced financial landscape, resiliency is key to survival” says Rapa. “As recent events have made clear, firms must have a holistic view of risks, including third and fourth-party exposures. WTW is uniquely positioned to help our clients make smart, quantifiable risk management decisions and to ensure that their organizations have the financial wherewithal to weather any storm.”

“WTW prides itself on its innovation, collaboration and industry expertise. This is an exciting time to be in the industry and I look forward to working with Anthony and other members of our global team as we drive best in class solutions for our clients.” adds McNee.

Key objectives of the taskforce include

  • Crafting additional bespoke insurance solutions that address the unique risks of fintech and digital assets.
  • Empowering our clients to capitalize on opportunities in these rapidly evolving sectors.
  • Harnessing the power of our cutting-edge analytics to guide clients through the complexities of fintech and digital asset risks, transforming data into actionable insights that drive confident decision-making.
  • Driving innovation in partnership with business leaders, tech pioneers, venture capitalists, and regulatory authorities, ensuring our insurance and risk management solutions evolve alongside groundbreaking advancements, helping to propel the future of financial innovations.
  • Developing new insurance solutions in challenging areas, such as physical infrastructure and Generative AI, while partnering with global underwriters to unlock new capacity for custodians and asset managers, overcoming market limitations and helping to drive continued innovation and consumer adaptation.

“Our financial institutions clients are increasingly integrating digital assets into their business strategies and client service offerings, and they require tailored solutions that address both the opportunities and risks across the organization,” says Susan Finbow, Global Head of FINEX Financial Institutions. “WTW’s Fintech and Digital Assets Taskforce is uniquely equipped to help our clients navigate the complexities and harness the opportunities in this evolving risk landscape.”

WTW’s Fintech and Digital Assets Taskforce is uniquely equipped to help our clients navigate the complexities and harness the opportunities in this evolving risk landscape.”

Susan Finbow | Global Head of FINEX Financial Institutions

About WTW

At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.

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