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Press Release

WTW appoints Karen Beldy Torborg for dual leadership role in its North America Corporate Risk and Broking (CRB) business

October 2, 2023


NEW YORK, October 2, 2023 — WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced the appointment of Karen Beldy Torborg to serve in a dual-hatted role as both Head of Strategic Growth & Portfolio Management and Head of Large Accounts segment within Corporate Risk and Broking (CRB), North America (NA).

Beldy Torborg brings tremendous depth of relevant experience to WTW, with a career spanning over 30 years, particularly in M&A and Private Equity, while also focusing on strategic business development and client-centricity. Most recently, Beldy Torborg served as the Global Engagement Partner at Marsh, where she provided strategic risk advice, portfolio insurance program development, and bespoke solutions to clients within the alternative asset investment sector. Prior to that, she spent 26 years growing Marsh’s Private Equity and M&A Services division, serving in various leadership roles including Global Specialty Head and North America Practice Leader. Beldy Torborg brings to WTW her resilient industry experience coupled with a strong educational underpinning that includes an MBA from New York University’s Stern School of Business.

Karen's dual role brings a wealth of unique industry insight, global experience and specialized expertise, with a proven track record,”

Mike Chang | Head of CRB NA, WTW

Within her role as Head of Strategic Growth & Portfolio Management with CRB NA, Beldy Torborg assumes the pivotal responsibility of identifying and evaluating acquisition opportunities for the business, aiming at contributing strategic, profitable growth to the overall CRB business. Beldy Torborg, in close collaboration with various WTW senior leaders, will proactively explore industry-specialized prospects within the broking, affinity, MGA, and personal lines sectors across the United States, Canada, and Bermuda. In her capacity as Head of Large Accounts, Beldy Torborg will collaborate closely with Global Client Advocates and Lead Relationship Managers, concentrated on further enhancing WTW’s presence and strengthening business relationships across the Fortune 1000 landscape. Reporting directly to Mike Chang, Head of CRB NA, WTW, Beldy Torborg will be based in New York and aims to deliver a seamless approach to navigating both roles.

"Karen's dual role brings a wealth of unique industry insight, global experience and specialized expertise, with a proven track record," commented Mike Chang, Head of CRB NA, WTW. "Karen is poised to drive a robust and profitable M&A strategy for CRB NA, while providing specific clients with outstanding guidance. We are excited that she is joining the team and look forward to the invaluable perspective she will bring."

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.

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