WTW enters co-brokerage agreement with The J. Morey Company, Inc.
03 October 2024 - 3:09AM
WTW (NASDAQ: WTW), a leading global advisory, broking, and
solutions company, today announced a co-brokerage arrangement with
The J. Morey Company, Inc., an Ori-gen family company. Focused on
customized risk management solutions and related services, the
agreement is intended to align resources to deliver
industry-leading brokerage support and tailored insurance solutions
to North American exposures of companies with headquarters in
Japan.
The J. Morey Company’s influence and relationships within the
Asian marketplace bolster the extensive brokerage experience that
WTW’s Asia Risk Division brings to the market. Clients will benefit
from the joint resources and industry expertise available via the
new partnership agreement. Asian companies with specific needs in
addressing risk management now have the benefit of accessing the
breadth of market and coverage options from WTW’s broad carrier
relationships. The intent of the co-brokerage agreement is to
deliver optimal risk transfer services and solutions to the unique
exposure needs of clients with operations and risks in markets
including Japan, along with other parts of Asia.
One of the primary advantages of this partnership is aligning
the value of CRB North America’s Industry Vertical Divisions (IVDs)
with the experienced brokerage team at The J. Morey Company. The
partnership affords The J. Morey Company’s Asian clients the
opportunity to receive expertise and IVD industry knowledge. This
partnership comes at an opportune time as The J. Morey Company’s
parent company, Ori-gen, continues to expand their specialized
divisions, including their Japanese Practice.
Chris Condello, Head of the Asia Risk Division, Corporate Risk
& Broking (CRB), North America, WTW, commented, “This
partnership allows both brokerage firms to align to deliver the
best risk management solutions to our Asian clients. Through the
experience and market relationships that both The J. Morey Company
and WTW maintain within the industry, we can align our resources to
deliver the best insurance programs and risk solutions to our Asian
clients. I look forward to deepening our partnership and providing
optimal insurance solutions to our Asian customers.”
Michael Chang, Head of Corporate Risk & Broking (CRB), North
America, WTW, added, “Bringing the deep industry knowledge of our
IVDs throughout North America to The J. Morey Company’s Asian
client base is a natural progression of CRB NA to serving their
Asian client base. This new partnership bolsters our Asian growth
strategy to bring expertise towards serving the needs of companies
throughout Asia. I am proud to continue investing in our Asian
expansion strategy, and this alliance with The J. Morey Company is
a clear demonstration of our investment in Asia. This co-brokerage
agreement reinforces WTW’s commitment to Asia within the US
marketplace, initiated with the creation of the Asia Risk Division
in July of 2023.”
Joshua Morey, President of The J. Morey Company, added, “As our
Japanese and Asian clients invest globally, especially in North
America, we must expand our solutions to meet their needs. Our
company’s ability to provide tailored, boutique services to Asian
Corporations, partnered with WTW’s Industry Vertical
Specialization, allows us to provide a unique, best in class
solution for our clients. We are excited about the future of our
partnership and the positive affects it has on our global client
base.”
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.
About The J. Morey Company
The J. Morey Company, part of the Ori-gen family of companies,
is a multigenerational, diversity-minded brokerage that provides
customized risk management solutions for international and local
businesses. We have more than 40 years of experience serving
clients of all sizes and industries. Proudly minority owned and
operated, our unique perspective and years of invaluable business
knowledge and expertise have allowed us to evolve into the
full-service insurance brokerage we are today. By remaining
faithful to our roots, we hope to work in partnership with our
clients and create a new future - together. Learn more at
www.jmoreyins.com.
Media Contacts
Douglas MenellyDouglas.Menelly@wtwco.com +1 (516) 972 0380
Arnelle SullivanArnelle.Sullivan@wtwco.com +1 (718) 208-0474
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