WTW set to acquire AIMUW in major boost to risk advisory and broking presence in Italy
14 Dezembro 2023 - 5:30AM
WTW (NASDAQ: WTW), a leading global advisory, broking, and
solutions company, has signed a definitive agreement to acquire
AIMUW, a specialist Managing General Agent (MGA) in Italy.
The deal reflects WTW’s global strategy to invest
in high-performing businesses and to explore the growing connection
between risk and capital. It also underlines WTW’s commitment to
the Italian market and its ambition to enhance its wholesale
business there.AIMUW has a strong reputation in the Italian market
and deep expertise in several key verticals, including agriculture,
the public sector, and professional services. The company,
headquartered in Rome and with offices in Milan and Lecce, has a
team of 40 and was founded in 2018 by Italian entrepreneur Aldo
Iaquinta. He brings 25 years of extensive industry experience and a
strong General Agency track record.
Following the planned completion of the agreement, AIMUW will
retain its current brand, which is widely recognized in the Italian
market, and it will also maintain an operational independence.
Gianmarco Tosti, Head of the Mediterranean Region for Corporate
Risk and Broking, WTW, said: “This is an exciting time for our
business in Italy and we are thrilled that Aldo and the AIMUW team
will be joining us. They have solid and long-lasting relationships
within the market and valuable experience in high-potential
sectors.
“This move represents further confirmation of WTW’s growth
strategy in Italy and I am confident that the addition of AIMUW
will generate strategic value for the WTW portfolio, and bring
unparalleled value to our clients and the Italian market.
“Our aim is to build on AIMUW’s existing strong foundation and
create a best-in-class MGA in Italy. We will continue developing
innovative risk structures and specialist solutions for our
clients, and AIMUW is a key part of that strategy.”
Aldo Iaquinta, CEO and founder of AIMUW, said: “The entire AIMUW
team and I are thrilled to join forces with WTW, a distinguished
and leading player in the Italian market. WTW’s exceptional
capabilities, skills, and data-driven approach provide the ideal
platform for accelerating the growth trajectory of AIMUW, creating
a strategic partnership aiming to achieve mutual success.”
Marco Antonio Colonna, Head of Corporate Risk and Broking, WTW
Italy, said: “I am very pleased to welcome AIMUW into the WTW
family as I am confident that Aldo and his high-performing team
will be a catalyst, propelling the growth of WTW in Italy. Aligned
in our values and growth strategy, centered on a client-oriented
approach, with specialized solutions and the ambition to attract
top-tier talents, this partnership strengthens WTW’s leadership
also in the MGA market, advancing our five-year plan in our
country.”
The deal is expected to complete in January 2024. The terms of
the transaction are not disclosed.
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 AIMUW
AIMUW Spa is an insurance and reinsurance Managing General
Agent, a constantly evolving reality, able to offer tailor-made
services and products for every need of the market - both public
and private - thanks to its team with a wealth of experience
supporting leading international partners.
Media contact
Global: Miles Russell: +44 (0) 7903262118 |
miles.russell@wtwco.com
Italy: Alessandro Pavanati: +39 340 882 4672 |
alessandro.pavanati@lifonti.it
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