Life - Articles - Towers Watson successfully aquires DaVinci Consulting


DaVinci’s long-term care insurance expertise aligns with Towers Watson’s aim to protect insurers’ capital and profitability.

 Towers Watson has today announced the completion of its acquisition of DaVinci Consulting Group, a boutique actuarial consulting firm that specializes in the long-term care insurance market. The company had previously announced its intent to acquire the DaVinci business on October 15, 2012.

 “DaVinci’s proven track record with the long-term care insurance market and risk management strategies will enhance our overall long-term care insurance services,” said Craig Buck, managing director of the Life Insurance Consulting practice at Towers Watson. “We’re excited to welcome the DaVinci team, with its extraordinary analytical depth, to Towers Watson.”

 DaVinci’s principals and consulting staff have joined the Life practice within Towers Watson and will be based in the Philadelphia area. Vince Bodnar, principal and co-founder of DaVinci, will lead the long-term care business. The deal is not expected to materially change Towers Watson’s financial results for the fiscal year.

Back to Index


Similar News to this Story

IPT receipts hit over GBP1 billion in November 2024
According to this morning’s HMRC data, Insurance Premium Tax (IPT) receipts reached £1.2 billion in November 2024, bringing the eight-month 2024/25 to
Healthy life expectancy data hint at post pandemic recovery
New figures published last week by ONS show Healthy Life Expectancy for younger age groups is lower than a decade ago although older ages have seen a
Treatments through PMI hit record in first half of the year
Over seven in 10 of all private health treatments are now being funded via PMI. Record H1 in 2024 for PMI-funded health admissions as employers expand

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.