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Industry

Professional Services Practice

WTW’s Professional Services practice can help address the unique people and risk management needs of accountants, architects and solicitors.

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The world is facing unprecedented changes. Workers are more mobile than ever. Gone are the days of fighting for the best office as your employees can work virtually from anywhere there is internet access. Whether you are an accountant, architect or an attorney, soon — if not already — you may even have non-human workers powered by artificial intelligence (AI). These changes require new ways to manage employees and risk. To help you navigate this changing world, WTW’s Professional Services practice can address your people and risk management needs.

Our team has specialist knowledge of all leading professions:

  • Accounting
  • Architecture and engineering
  • Consulting
  • Law

We aim to develop solutions that enable clients to manage their risk and people efficiently and effectively.

Our intellectual and technical strengths equip us to deal with virtually any risk or human capital challenge that you might encounter. We strive for excellence in the delivery of our services and deliver objective advice backed by sound logic and data where available.

Some of the issues you may face include:

  • Compensation
  • Data breaches, cyber crime and theft of client information
  • Talent retention
  • Advancements in data and analytics

WTW works with your senior leadership to develop and implement strategies that can address these issues and help bring long-term growth to your organization.

A focus on your talent

In professional services, your greatest asset is your talent. We can help you develop HR programs to attract and retain the critical talent you need to succeed. Whether it is full-time professionals or contingent workers for a specific project, we understand that every professional services organization has distinctly different human capital needs. We can help you tailor HR programs to your unique requirements.

Our HR offerings include:

  • Benefits administration and outsourcing
  • Change management
  • Compensation strategy and design
  • Contingent workforce management
  • Executive compensation
  • Future of work
  • Health and benefits
  • Inclusion and diversity
  • Mergers and acquisitions
  • Retirement
  • Talent
  • Total rewards
  • Wellbeing

Managing your risks

We also have the resources necessary to provide professional service clients with insurance brokerage, risk analytics, and risk management consulting. In an industry where people are paramount, we serve as a hands-on extension of your risk management department. We recognize that every firm is unique in their risk financing and risk control needs.

Our risk management offerings include:

  • Financial, Executive and Professional Risks (FINEX)
  • Professional indemnity
  • Cyberinsurance
  • Directors & officers liability
  • Employment practices liability
  • Network privacy/cyber risk liability
  • Property and casualty insurance
  • Captives
  • General insurance program reviews

The WTW Professional Services practice can help you address your people and risk needs, so you can meet goals and seize new opportunities.

 
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