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Press Release

Willis Towers Watson to launch new partnership with the Wharton School’s Mack Institute

October 22, 2020

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LONDON, 22 October, 2020 - Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today announced it is joining the Mack Institute for Innovation Management at the Wharton School, University of Pennsylvania, as a corporate partner.

Through the Mack Institute’s renowned events and workshops and its global network of corporate partners, the Willis Research Network anticipates gaining compelling insights into the challenges companies across industry face including:

  • the Future of Work and the accelerated emerging technologies influencing the organizational business models
  • specific insights into the Technology, Media and Telecommunications business sector, building on a successful portfolio of work previously completed at Willis Towers Watson
  • strategic areas for innovation and opportunities to challenge the perception of risk

Willis Towers Watson aims to ensure clients can benefit from in-depth research that we pursue in many arenas. The Mack Institute’s focus on applied, practical research areas complements a growing emphasis of the Willis Research Network on People and Technology related risks. Willis Towers Watson is participating in the Institute’s Collaborative Innovation Program — which connects Wharton students with the Institute’s corporate partners — for support with identifying, by the end of 2020, potential challenges and impacts to the corporate risk landscape including and building on those we identified in our 2016 Technology, Media and Telecommunications Risk Index.

The research will allow us to help prepare and drive a new, more strategic role for Risk Managers and help prepare for the changing risk landscape facing global companies.”

Sara Benolken,
Global TMT Industry Leader, Willis Towers Watson

Sara Benolken, Global TMT Industry Leader, Willis Towers Watson welcomed the partnership “Emerging Technologies are influencing new solutions and helping change how companies view risk across almost every industry. Willis Towers Watson’s TMT Risk Report, created with input from the Collaborative Innovation Program’s Wharton MBA team, will help companies strategically plan as well as mitigate the increasing risk implications brought about through the advancement of technology. The research will allow us to help prepare and drive a new, more strategic role for Risk Managers and help prepare for the changing risk landscape facing global companies.”

Saikat Chaudhuri, Executive Director of the Mack Institute added “We’re thrilled to have Willis Towers Watson join our global learning network for scholars, business leaders and students. Our Collaborative Innovation Program taps into a pool of top students at the Wharton School, under the guidance of a faculty member, to tackle our corporate partners’ challenges. We’re confident that Willis Towers Watson will benefit from our informative events and through CIP. We also look forward to them sharing their insights with our partner community, so we can collectively advance meaningful impact on managerial practice".

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 45,000 employees serving more than 140 countries and markets. 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.

About Mack Institute

The Mack Institute for Innovation Management at the Wharton School is the hub of a global learning network for scholars, business leaders and students. The Institute joins rigorous research with practical applications to help established firms navigate the risks and rewards of innovation. Each year, it hosts several major conferences and workshops; funds student, PhD, and faculty research; and sponsors student initiatives relating to innovation and emerging technologies.

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