Former type Consultancy Revenue $1,410.0M (2005) Number of employees 5,171 | Key people Mark Mactas, CEO Website www.towersperrin.com Founded 1934 Defunct 2010 | |
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Industry ActuarialManagement consultingInsuranceHuman ResourcesProfessional Services Products Professional ServicesReinsurance Headquarters Stamford, Connecticut, United States | ||
3 5b towers perrin merger bloomberg
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 is active in the actuarial consulting arena with its Tillinghast insurance consulting practice.
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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. 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.