WTW's Willis Launches Global FAVS Team for Accurate Insurance Valuations
Willis, a WTW business, has launched a new Forensic Accounting & Valuation Services (FAVS) team to bolster its global valuation capabilities. This expansion reflects the growing demand for accurate and comprehensive news in the insurance industry.
The new FAVS team will operate within Willis' Risk & Analytics business, offering cross-border and collaborative services. It aims to provide more accurate valuations by integrating data, advanced analytics, and technology-enabled consulting solutions.
The team, previously known as Forensic Accounting and Complex Claims, has rebranded to reflect its expanded focus. Ken Giambagno will take on the role of Senior Advisor, while Jason Lelio has been appointed as the Head of Global Forensic Accounting and Valuations Services. James Adams, a senior valuation expert, has joined the team from Marsh in Great Britain.
The new FAVS team will continue to provide insurance claim quantification and preparation services, with a focus on delivering accurate total insured values. This expansion aligns with the increasing emphasis placed by carriers and underwriters on precise news.
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