Myanmar Representative Office Improving performance through effective people, risk and financial management
An innovative and fresh approach to people and risk management An integrated offering for our clients Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. Globally we have 40,000 employees serving more than 140 countries, including 15 markets in Asia. We design and deliver solutions that manage risk, optimise 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. How we serve our clients is central to us and we are proud to play our part in supporting Myanmar s future. As the broker of choice we bring our industry insight, risk quantification skills and global reinsurance access to the country linking together companies with the Myanma insurance and global reinsurance market. Our human capital consulting is supported by industry-leading compensation and benefit data, and groundbreaking research in employee engagement and management. This enables us to advise our clients on attracting, retaining and engage employees, and how to sustain a high performance culture. 2 willistowerswatson.com
Four Business Segments Corporate Risk and Broking We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to quantify, mitigate and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results. Human Capital and Benefits High-performing institutions cultivate and grow talent, carefully balancing costs and rewards. From employee benefits to executive compensation, we take a rounded perspective based on leading-edge thinking, data, analytics and software, unearthing new ways to motivate people, foster well-being and implement solutions that work. Exchange Solutions A changing health care landscape creates new opportunities. With our combined understanding of regulation and risk, behavioral insights and technology platforms, we create innovative exchange based services and solutions that enable people to navigate options with confidence, and give employers decision-making peace of mind. Investment, Risk and Reinsurance Our sophisticated approach to risk helps clients free up capital. We work in close concert with investors, reinsurers and insurers to manage the equation between risk and return. Blending advanced analytics with deep institutional knowledge, we reveal new opportunities to maximize performance. Myanmar Representative Office 3
Our core risk and insurance capabilities Financial, Executive and Professional Risk Directors and Officers Liability Professional Indemnity Crime Insurance Financial Institutions Liability Schemes Environmental Liability Energy Innovative products Exploration (onshore/ offshore) Construction and installation risks Operational risks Property Damage risks Machinery Breakdown risks Business Interruption risks Third Party Liability risks Claims Advocacy In-house Claims Team Major loss capability Bespoke claims protocols for clients Claims trending and analysis Highly complex claims expertise Challenging insurers reserves Defending clients interests Marine Hull risks Liability risks Trade & Logistics Protection & Indemnity Piracy & War risks Qualified claims handling and Adjusting team Reinsurance Risk Financing and Structuring Risk Quantification Treaty risks Facultative risks Execution, Service and Claims Terrorism Single and multinational locations Access to all global markets Terrorism, Sabotage, Political Violence and War products Terrorism third party liability Nuclear, chemical, biological and radiological risks Unique Willis facilities with enhanced wordings Multi year policies Aviation Passenger Liability risks Hull risks Third Party Liability risks Products Liability risks In-flight risks War risks Airports, Aircraft and Aviation Products Employee Benefits Advice on Programme Design Benefit Review Audits Market placement Multinational Pooling and Captives services Life, Healthcare Personal Accident, Travel Flexi Benefits, Disease Management Mergers & Acquisition M&A Consultancy Due Diligence Transaction Solutions Contingency Risk Transfer Fund Liability Warranty & Indemnity Covers 4 willistowerswatson.com
Corporate and Commercial Superior policy wordings Market leading facilities Major and Medium sized business solutions Global client capability Focused on delivering superior client service Property Damage Risks Business Interruption risks Third Party Liability Risks Political & Credit Risks Expropriatory Acts Political Violence Acts Currency Inconvertibility Exchange Transfer of Profits Exchange Transfer of Dividends Business Interruption Non Payment by Governments Non Payment by Corporations Construction Construction All Risks Advance Loss of Profits Third Party Liabilities Project Programmes Professional Indemnity Latent Defects Performance Bonds Contractor/Principle Controlled programme Risk Management Highly qualified team Risk profile surveys Risk identification, assessments and mitigation Independency and supplier dependency analysis Business Continuity Planning and Management Due Diligence, training Captive Management Unique innovative approach Pioneering use of cell captives Client revenue enhancement opportunities Advice for Decision making Full Captive administration Myanmar Representative Office 5
Our capabilities in Asia Who we work with Risk and Finance Managers How we help We help quantify, mitigate and transfer organisational risk so that it can be managed to drive superior business results Our Capabilities From C-suite through to Risk or HR management, you can always approach our Client Relationship Directors (CRD), who connect you to our full range of knowledge and capabilities across 3 core business segments in 15 countries throughout Asia. Aerospace Affinity Captive Management Claims Advocacy Construction Crime Cyber Directors and Officers Energy Forensic Claims Accounting Marine Political And Credit Professional Indemnity Property And Casualty Risk And Analytics Terrorism and Political Violence Workers Injury Compensation Industry Expertise Regional Industry experts will partner with our Client Relationship Directors to ensure our clients are receiving a deeper level of advice and support, directly related to their sector. Natural Resources Agriculture Construction 6 willistowerswatson.com
HR Managers Investors, reinsurers & insurers We develop workforce programs to help cultivate and grow talent while carefully balancing costs and rewards We help unlock capital, and manage the equation between risk and return to maximise performance Communication and Change Management Employee Benefits Executive Compensation Global Data Services Human Resource Technology and Software Mergers and Acquisitions Organisational Surveys & Employee Insights Retirement Rewards Capital Markets and Advisory Investments Portfolio and Underwriting Services Risk Consulting and Software Reinsurance Advice and Broking Wholesale Insurance Broking Global Wealth Solutions Talent Management & Organizational Alignment Employee Insights Talent Assessment $ Transportation Retail Hospitality and Leisure Healthcare Education Financial Institutions TMT Myanmar Representative Office 7
Willis Towers Watson in Asia Since opening our first Asia office in China in 1924 through to today, Willis Towers Watson has been highly committed to understanding the local market and using this knowledge to benefit our clients. As one of the fastest growing regions combined with being the most populous, Asia plays a key role in our business. Our distinct, connected perspective across talent, assets and ideas unlocks potential for our regional clients. While many just look at mitigating the downside, we see how a unified approach to people and risk is a path to growth. Powered by market analytics and behavioral insight, our integrated teams throughout the region reveal hidden value within the critical intersections of our clients organizations. 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. Willis Towers Watson and its affiliates has specialist teams throughout Asia gathering local industry knowledge to be at the forefront of both people and risk in your industry. China Clients: 2500+ Offices: 28 Colleagues: 700 India Clients: 1000+ Offices: 13 Colleagues: 3356 Myanmar Clients: 70+ Offices: 1 Colleagues: <10 Thailand Clients: 2000+ Key facts 15 Markets Offices: 2 Colleagues: 31 64 Offices 7,000+ 20,000+ Colleagues Clients Vietnam and Cambodia Clients: 600+ Offices: 3 Colleagues: 157 Singapore Clients: 4000+ Offices: 2 Colleagues: 321 8 willistowerswatson.com
South Korea Clients: 500+ Offices: 1 Colleagues: 56 Japan Clients: 2000+ Offices: 3 Colleagues: 201 Taiwan Clients: 1000+ Offices: 1 Colleagues: 120 Hong Kong & Macau Clients: 3000+ Offices: 4 Colleagues: 410 Malaysia Indonesia Brunei Philippines Clients: 750+ Offices: 3 Colleagues: 71 Clients: 1000+ Offices: 1 Colleagues: 125 Clients: 100+ Offices: 1 Colleagues: 6 Clients: 600+ Offices: 1 Colleagues: 1158 Myanmar Representative Office 9
The Client Relationship Director Client Relationship Directors act as a single point of access, responsible for ensuring the most appropriate expertise is delivered to our Clients, regardless of where the expertise is located. Listen Listen to you and evaluate how we can fit into your strategy One point of contact Assemble team Assemble the team and skills you need from across our organization You will get a tailored group of industry experts to help you executes cohesive approach to both people and risk Collaborate Collaborate with you to find the most appropriate solutions for your unique objectives No internal barriers across our risk and HR solutions Execute Support you to seamlessly execute these solutions Ownership and accountability Regardless whether you are a Risk or HR manager, you can always approach our CRDs, who link you to our full suite of capabilities across 3 core business segments in Asia. CRB HCB IRR 10 willistowerswatson.com
A truly compelling combination A strong client focus, an emphasis on teamwork, unwavering integrity, mutual respect and a constant striving for excellence are the values at the core of the Willis Towers Watson organisation. 39,000 colleagues in 120+ countries Scale, diversity and financial strength $8.2 billion revenue A deep history dating back to 1828 Great Britain: 16% Western Europe: 18% North America: 36% International: 30% Total: 39,000 Myanmar Representative Office 11
Getting in contact Our office location Khaing Zar Aung Chief Representative Officer, Myanmar and Head of Corporate Risk and Broking, Myanmar Tel: +65 6591 8115 Mobile: +65 9088 9057 Mobile: +95 9 400 400 296 khaingzar.aung@willistowerswatson.com 29th Street 30th Street Bo Soon Pat Street 31st Street Merchant Road 32nd Street Sule Pagoda Road Sule Road Bank Street Maha Bandula Park Strand Road Yangon River 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 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. Unit 416, Level 4 Strand Square 53 Strand Road Pabedan Township Yangon Tel: +95 1230 7368 Willis Limited, Registered number: 181116 England and Wales. Registered address: 51 Lime Street, London, EC3M 7DQ. A Lloyd s Broker. Authorised and regulated by the Financial Conduct Authority for its general insurance mediation activities only. 20585/10/17 willistowerswatson.com 12 willistowerswatson.com