10 Best Insurance Stocks for the Long Term

4. Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Number of Hedge Fund Holders: 42

10-Year Revenue Growth Rate: 10.13%

Willis Towers Watson Public Limited Company (NASDAQ:WTW) is an insurance company that provides commercial insurance, brokerage services, and strategic risk investment services. The company is increasingly relying on data-driven solutions to help people with risk and capital management. Previously, towards the end of October 2024, the company launched a machine-led solution to revolutionize insurance best practices. The new solution allows insurers and re-insurers to improve accuracy and efficiency in property and casualty reserving.

On the financial front, Willis Towers Watson Public Limited Company (NASDAQ:WTW) increased its revenue by 6% to reach $2.3 billion in the third quarter of 2024. The company saw visible success in revenue growth and its transformation program. The company attributes its 6% revenue growth to its investments in technology and talent. With its goals and growth trajectory in mind, WTW expects to see an improvement in its cash flow and sustainable profit growth.

The company’s advancements in technology and financial performance explain why analysts are bullish on the stock. Their median price target of $358.5 implies an upside of 12% from current levels.