WTW definition

WTW means Willis Towers Watson plc an Irish public limited company with registered number 475616.
WTW. “we”, “us” and “our” means ▇▇▇▇▇▇ New Zealand Limited. Also, insurance includes reinsurance and insurers includes reinsurers. You should read this document carefully for as well as setting out the terms of our relationship it contains details of our regulatory and statutory responsibilities. We particularly draw your attention to the following sections: ■ Your ResponsibilitiesOur RemunerationClient Money DisclosuresConflicts of Interest ■ Complaints. This document takes effect from 1st October 2022 or whenever it is received (whichever is the later) and supersedes any terms of business agreement that may have been previously sent to you by us. You should contact us if there is anything in this document which you do not understand or with which you disagree. We are a leading insurance intermediary and risk management consultancy and offer transactional and/or advisory services for your insurance requirements over a wide range of general insurance products. We are a Licensed Financial Advice Provider, regulated by the Financial Markets Authority (FMA) (Financial Services Provider number FSP37782). Our ultimate parent is ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ PLC, a company incorporated in the Republic of Ireland and listed on NASDAQ. We are committed to acting in your best interests at all times in providing services to you. As an insurance intermediary, we normally act for you, and we recommend and arrange insurance with one or more insurers selected from a limited range or a pre-determined panel of insurers, according to the nature of the product required. However, we sometimes act as an agent of insurers in relation to the coverage proposed, or insurers may have outsourced to us certain work related to the administration of your contract. We will disclose to you where we act as agent of insurers or provide services to insurers when providing you with information on the coverage proposed. Generally, we act as agent of insurers when insurers have granted us a binding authority or managing general agency, which enables us to accept business on their behalf and immediately provide coverage for a risk. Further, we may arrange lineslips, which enable an insurer to bind business for itself and other insurers and we may manage these lineslips for such insurers. We may place your insurance business under a binding authority, managing general agency, lineslip or similar facility where we reasonably consider these match your insurance requirements/ instructions. We shall inf...
WTW shall have the meaning set forth in Section 5.1(d) below.

Examples of WTW in a sentence

  • WTW will be remunerated by your insurers for the provision of these engineering services.

  • Any amendment will apply with immediate effect in relation to any subsequent insurance placement and, in respect of any services provided by WTW in relation to existing placements, on and after the twentieth business day following notice of the amendment sent to the Client or at such later date as the notice may specify.

  • If a conflict arises for which there is no practicable solution, WTW will withdraw unless the Client wishes WTW to continue to act for it and provides its written consent to that effect.

  • WTW is not a law firm and so does not advise on or monitor limitation periods applicable to the Client or its claims, and WTW will not commence legal proceedings or enter into standstill/tolling agreements in order to suspend the application of relevant limitation periods on the Client’s behalf.

  • WTW recommends the Client takes legal advice on these issues and it remains the Client’s responsibility to understand and monitor the limitation periods applying to the Client’s claims and to commence legal proceedings in good time where this is necessary.


More Definitions of WTW

WTW has the meaning given to that term in the Preamble. “WTW Board” means the board of directors of WTW.
WTW has the meaning given to that term in the Preamble.
WTW. “we”, “us” and “our” means ▇▇▇▇▇▇ Limited and “Intermediary” means a person or entity who arranges insurance on behalf of another person or entity. Also, for Intermediaries, the ‘assured’ means the assured, the insured, or your client who is seeking insurance cover. Also, “insurance” includes “reinsurance” and “insurers” includes “reinsurers”. You should read this document carefully for as well as setting out the terms of our relationship it contains details of our regulatory and statutory responsibilities. We particularly draw your attention to the following sections: • Your Responsibilities; • Our Remuneration; • Client Money Disclosures; • Conflicts of Interest; and • Complaints. This document takes effect from 1 September 2022 or whenever it is received (whichever is the later) and supersedes any terms of business agreement that may have been previously sent to you by us. You should contact us if there is anything in this document which you do not understand or with which you disagree. We are a leading insurance intermediary and risk management consultancy. We are also a Lloyd’s broker and are authorised and regulated by the Financial Conduct Authority (“FCA”). Our permitted business is arranging general insurance contracts. Our authorisation (registration number 310186) can be verified by visiting the Financial Services Register which can be found on the website ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇.▇▇/register or by contacting the FCA on 0800 111 6768 (or +▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ if you are calling from abroad). Our ultimate parent is ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ PLC, a company incorporated in the Republic of Ireland and listed on NASDAQ. In this document, ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ PLC, its subsidiary and joint venture companies are each referred to as a “▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Company” and collectively as “▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Companies”. We offer transactional and/or advisory services for your insurance requirements over a wide range of general insurance products. We are committed to acting in your best interests in providing our services. As an insurance intermediary, we normally act for you, and we recommend and arrange insurance with one or more insurers selected from a limited range or a pre-determined panel of insurers, according to the nature of the product required. However, we sometimes act as agent of insurers in relation to the coverage proposed, or insurers may have outsourced to us certain work related to the administration of a contract. We will disclose to you where we act as...
WTW means Willis Towers Watson plc, formerly Willis Group Holdings plc, a company incorporated in Ireland under registered number 475616, or any successor thereto.
WTW is defined in Section 2.5(a).
WTW means WTW Properties, Inc., a Texas corporation, and a Subsidiary of Company.
WTW means ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ plc.