Towers Perrin was a professional services firm specializing in

human resources Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ...

and financial services consulting, which merged in January 2010 with Watson Wyatt to form

Towers Watson Towers Watson & Co. was a global professional services firm. Its principal lines of business were risk management and human resource consulting. It also had actuarial and investment consulting practices. In January 2016, Towers Watson merged w ...

. The firm was a provider of reinsurance intermediary services and was active in the actuarial consulting arena with its Tillinghast

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

consulting practice.

History

On March 1, 1934, Towers, Perrin, Forster & Crosby opened for business in

Philadelphia Philadelphia, often called Philly, is the List of municipalities in Pennsylvania#Municipalities, largest city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, the List of United States cities by population, sixth-largest city i ...

Pennsylvania Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...

. 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

& Co. The merger was completed in January 2010.

Offices

Towers Perrin had offices and alliance partners in the United States,

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

, Europe, Asia, Latin America,

South Africa South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. It is bounded to the south by of coastline that stretch along the Atlantic Ocean, South Atlantic and Indian Oceans; to the ...

, Australia and

New Zealand New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...

.Offices and Alliance Partner Locations - Contact Us - Global - Towers Perrin
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References

{{Authority control Financial services companies of the United States Business services companies established in 1934 Actuarial firms 1934 establishments in Pennsylvania Companies disestablished in 2010 2010 disestablishments in Connecticut