Towers Watson completes acquisition of Canadian firm

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Towers Watson announced Thursday that it has completed its acquisition of Brovada, a Canadian technology provider for property and casualty (P&C) insurers and brokerages.

The Arlington County-based company said the acquisition will help its capabilities across its portfolio of software targeted at the P&C market.

Brovada will operate as a separate unit within the company’s Risk Consulting and Software business. Brovada’s founder and CEO, Karl Greenlaw, will continue to lead the Brovada team.

Towers Watson is a global professional services company that has 16,000 employees around the world.

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