consulting

The completion of the transaction, expected over the next 60-90 days, is subject to customary closing conditions, including regulatory approvals.

"The EMB acquisition furthers Towers Watson's strategy to serve clients with increasingly sophisticated risk analytics and consulting solutions," says Patricia L. Guinn, global leader of Towers Watson's risk and financial services segment. "The two companies share traditions of professionalism, service quality and innovation, and we look forward to EMB joining the Towers Watson family."

EMB was founded in 1993 in the U.K. as the first actuarial consultancy dedicated to P&C insurance and the development of high-performance actuarial software. Its core expertise in nonlife insurance analytics has since expanded to other areas, including business consultancy, marketing sciences and enterprise risk management. EMB has more than 300 employees and, in its fiscal year ending April 2010, had revenues in excess of ?40 million.

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