U.K.-based Watson Wyatt LLP has spun off its Boston-based insurance and financial services strategic consulting group with a management buy-out led by two senior managers.This follows a review of Watson Wyatt LLP's insurance and financial services consulting strategy in the United States which resulted in a decision to focus on the firm's core life and non-life actuarial consulting business.
The new organization, Spring Consulting Group LLC, will be led by former Watson Wyatt LLP partners Karin Landry and John Cassell. Spring Consulting Group will focus on providing strategic consulting services to institutions operating in the healthcare, retirement, disability, life and captive insurer markets.
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