Towers Perrin

Towers Perrin was a professional services firm specialising in human resources and financial services consulting, which merged in January 2010 with Watson Wyatt to form Towers Watson. The firm was a provider of reinsurance intermediary services and was active in the actuarial consulting arena with its Tillinghast insurance consulting practice.

Towers Perrin
TypeConsultancy
IndustryActuarial
Management consulting
Insurance
Human Resources
Professional Services
SuccessorTowers Watson
Founded1934
Defunct2010
HeadquartersStamford, Connecticut, USA
Key people
Mark Mactas, CEO
ProductsProfessional Services
Reinsurance
Revenue$1,410.0M (2005)[1]
Number of employees
5,171[1]

History

On March 1, 1934, Towers, Perrin, Forster & Crosby opened for business in Philadelphia, Pennsylvania. In 1987, Towers Perrin was established as the umbrella name for the firm.[2] On June 28, 2009, Towers, Perrin, Forster & Crosby and Watson Wyatt Worldwide (NYSE:WW) announced their agreement to merge into a new publicly traded company called Towers Watson & Co. The merger was completed in January 2010.

Offices

Towers Perrin had offices and alliance partners in the United States, Canada, Europe, Asia, Latin America, South Africa, Australia and New Zealand.[3]

References

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