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How Is Willis Towers' Risk & Broking Division Powering Growth Momentum?

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Key Takeaways

  • WTW's Risk & Broking unit delivered strong organic growth in the quarter.
  • The segment reported higher revenues and improved operating income.
  • Margins strengthened as innovation and efficiency boosted performance.

Willis Towers Watson Public Limited Company’s (WTW - Free Report) Risk & Broking segment is central to the firm’s growth strategy because it acts as a direct link between clients and insurers, shaping recurring and diversified revenue streams.

Risk & Broking segment drives growth momentum by translating expertise and analytics into measurable business impact. Strong client retention, new business wins, and expanded advisory services contribute to consistent revenue growth, while innovation and technology improve operational efficiency and margins. By deepening market penetration and capturing higher-value opportunities, Risk & Broking segment sustains current performance and also positions WTW to capitalize on evolving risk management demands and long-term strategic opportunities.

Building on this momentum, Risk & Broking segment posted 6% organic growth in the second quarter of 2025, supported by client loyalty and new business gains in Corporate Risk & Broking. Revenues reached $1.1 billion, while operating income rose 10% to $2.2 billion, with margins improving to 21.2% year over year.

These results highlight how operational scale, innovation, and transformation initiatives are converting into sustainable profitability, reinforcing Risk & Broking segment’s role as a long-term engine of WTW’s growth and its strategic importance in maintaining competitive advantage in the global risk and insurance market.

What About WTW’s Competitors?

Brown & Brown, Inc.’s (BRO - Free Report) Wholesale Brokerage segment, distributes excess and surplus commercial and personal lines through independent agents and brokers. Growth came from higher commissions, fees, profit-sharing, guarantees, investment income, and organic expansion via new business and increased exposure.

Arthur J. Gallagher & Co. (AJG - Free Report) generates 85% of 2024 revenues from its Brokerage segment and 14% from Risk Management. The Risk Management arm benefits from strong client retention, growing customer activity, and higher claim volumes. Together, both segments support organic growth, aided by rising renewal premiums, steady new business, and expanding data and analytics capabilities.

WTW’s Price Performance, Valuation & Estimates

Shares of WTW have gained 4.4%  in the year-to-date period against the industry’s decline of 14.1%.

WTW’s YTD Price Performance

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From a valuation standpoint, shares of WTW trade at a price to forward 12-month earnings of 17.83, down from the industry average of 20.62.

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The Zacks Consensus Estimate for WTW’s 2025 earnings implies a 0.7% decline year over year, followed by a 13.5% increase next year.

Zacks Investment Research Image Source: Zacks Investment Research

WTW stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.


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Arthur J. Gallagher & Co. (AJG) - free report >>

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