Fackler & Co., Towers Watson’s earliest heritage firm, is founded in New York.
Towers Perrin’s predecessor firm, Henry W. Brown & Co., is founded. Our founders are already making their mark on American business.
Reuben Watson forms the U.K. actuarial firm R. Watson & Sons in 1878, when the Manchester Unity of Oddfellows appoints him actuary, and he carries out valuations for a number of other societies, including the Royal Liver, which, like the Manchester Unity, is still a client of Towers Watson today.
Towers, Perrin, Forster & Crosby — TPF&C, for short — is incorporated in Philadelphia on February 13. The firm opens for business with 26 employees and Walter Chase, whose specialty is reinsurance, as president. The firm initially operates a Reinsurance Division and Life Division, and eventually begins to specialize in pensions and other employee benefit plans.
The U.S.-based Wyatt Company is established by B.E. Wyatt and seven co-founders. Over the next several decades, the firm branches out into other service lines, including health care and compensation consulting.
Towers, Perrin, Forster & Crosby acquires Atlanta-based Tillinghast, Nelson & Warren, a leader in actuarial services for insurance companies and in risk consulting.
Towers, Perrin, Forster & Crosby begins doing business as Towers Perrin.
R. Watson & Sons and The Wyatt Company forge an alliance, forming Watson Wyatt, one of the largest consulting firms of its kind. The company has worldwide operations in the Americas, Europe and Asia Pacific.
Watson Wyatt goes public with its listing on the New York Stock Exchange.
Towers Perrin and Watson Wyatt merge to become Towers Watson — a global company that shares a common set of values and a singular focus on our clients. The company is listed on NYSE and NASDAQ as TW.