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Our History

  • 1865
    Fackler & Co., Towers Watson’s earliest heritage firm, is founded in New York.
  • 1871
    Towers Perrin’s predecessor firm, Henry W. Brown & Co., is founded. Our founders are already making their mark on American business.
  • 1878
    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.
  • 1934
    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.
  • 1946
    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.
  • 1986
    Towers, Perrin, Forster & Crosby acquires Atlanta-based Tillinghast, Nelson & Warren, a leader in actuarial services for insurance companies and in risk consulting.
  • 1987
    Towers, Perrin, Forster & Crosby begins doing business as Towers Perrin.
  • 1995
    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.
  • 2000
    Watson Wyatt goes public with its listing on the New York Stock Exchange.
  • 2010
    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.
  • 1865
  • 1871
  • 1878
  • 1934
  • 1946
  • 1986
  • 1987
  • 1995
  • 2000
  • 2010
  • 1865
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Our History

Towers Watson was forged from the decades of experience, innovation and clients-first philosophy that were hallmarks of both Towers Perrin and Watson Wyatt. Although our vision is firmly fixed on the future, our roots go back nearly 150 years.

For additional details about the history of our legacy firms, click here.

More On Towers Watson

  • Overview

    Towers Watson is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management.
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  • Our Leadership

    View the profiles of Towers Watson's corporate, regional and segment business leaders.
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MORE ABOUT TOWERS WATSON

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