WTW launches IMI Plus for clients in the United States

Rhea-AI Summary

WTW (Nasdaq: WTW) has expanded its Investment Management Insurance (IMI) Plus product to the United States market, following its July 2024 launch in the UK and Canada. The comprehensive insurance solution combines multiple coverages including cyber liability, employment practices liability, directors' and officers' liability, errors and omissions liability, and crime under a single unified policy.

The product aims to reduce administrative complexity for asset managers while enhancing operational efficiency through features such as seamless coverage integration, streamlined claims reporting, and a single renewal date. Clients may qualify for preferred pricing based on an independent risk assessment by WTW's investment division.

IMI Plus offers customizable solutions with comprehensive packages and modular options, supported by WTW's Global FINEX Claims Advocacy Team for expert claims resolution.

Positive

• Expansion of IMI Plus product to new market (US)
• Potential for increased revenue through new market penetration
• Opportunity for preferred pricing for qualifying clients

Negative

• None.

News Market Reaction

-0.52%

1 alert

-0.52% News Effect

On the day this news was published, WTW declined 0.52%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Willis, a WTW business (Nasdaq: WTW), is pleased to announce that its Investment Management Insurance (IMI) Plus product is now available to U.S. clients. Previously launched in July 2024 for clients in the UK and Canada, this unified management and professional policy addresses the specific needs of asset managers, providing integrated protection and streamlined management across key risk categories.

IMI Plus grants critical coverages—cyber liability, employment practices liability (EPL), directors’ and officers’ (D&O) liability, errors and omissions (E&O) liability, and crime—under one cohesive offering. By consolidating these coverages into one policy, asset managers can reduce administrative complexity while enhancing operational efficiency.

The policy’s key benefits include:

• Multiple coverages under one policy form
• Seamless coverage integration
• Claims reporting efficiencies
• Mitigation of potential coverage gaps
• One renewal date for all coverages
  

IMI Plus also provides customizable solutions, with comprehensive packages and modular options tailored to meet clients' specific needs. Additionally, WTW’s Global FINEX Claims Advocacy Team offers swift, expert claims resolution. Clients who demonstrate strong operational risk management may qualify for preferred pricing upon completing an independent assessment by WTW’s investment division.

“By integrating WTW’s global expertise with client-focused solutions, IMI Plus empowers organizations with the confidence needed to navigate today’s complex risk landscape and is a reflection of our firm’s commitment to the asset management industry,” said Timothy Sullivan, Director, Asset Management Industry Leader, Willis.

“IMI Plus represents a significant step forward in how asset managers can approach liability coverage,” said Henry Keville, Head of FINEX GB Financial Institutions, Willis. “Through the collaboration of our global network and extensive support from insurers, we are proud to deliver yet another market-leading solution that addresses the evolving risks faced by our clients in the U.S. market.”

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.

Learn more at wtwco.com.

Media Contact

Douglas Menelly
Douglas.Menelly@wtwco.com +1 (516) 972 0380

Arnelle Sullivan
Arnelle.Sullivan@wtwco.com +1 (718) 208-0474

FAQ

What coverage does WTW's IMI Plus insurance product include?

WTW's IMI Plus includes cyber liability, employment practices liability (EPL), directors' and officers' (D&O) liability, errors and omissions (E&O) liability, and crime coverage under one unified policy.

When did WTW launch IMI Plus in the United States?

WTW launched IMI Plus in the United States in January 2025, following its initial launch in the UK and Canada in July 2024.

How can clients qualify for preferred pricing on WTW's IMI Plus?

Clients can qualify for preferred pricing by demonstrating strong operational risk management and completing an independent assessment by WTW's investment division.

What are the key benefits of WTW's IMI Plus insurance product?

Key benefits include multiple coverages under one policy form, seamless coverage integration, claims reporting efficiencies, mitigation of potential coverage gaps, and one renewal date for all coverages.