Posted on 10 Apr 13 by Annie George
Global professional services company Towers Watson (NYSE, NASDAQ: TW) has been named to the 2013 Global Outsourcing 100® List by the International Association of Outsourcing Professionals (IAOP), the third consecutive year Towers Watson has received this honor. Additionally, Towers Watson has been recognized as a top benefits administration outsourcing provider in a report issued by Everest Group, an advisory and research firm on global services.
The IAOP 2013 Global Outsourcing 100 list recognizes the world's best outsourcing service providers across all industries. Providers are judged by an independent panel of experienced outsourcing buyers on four critical characteristics: size and growth, customer references, organizational competencies and management capabilities.
"We are honored to once again be included on this list of the world's leading outsourcing companies," said David Dow, Towers Watson's managing director of benefits outsourcing in EMEA. "Our associates are committed to providing innovative and high-quality outsourcing services and solutions for our clients. This dedication to excellence comes at a time when more and more companies are carefully evaluating their outsourcing partners, and the quality and level of service they provide."
Towers Watson provides high-quality benefits administration outsourcing services to employers, and supports millions of their employees and retirees around the globe. The company's solutions include pension, flexible benefits, and health and welfare benefits administration, and dependent eligibility verification review services, supported by sophisticated, user-friendly employee, retiree and management self-service technology, and onshore benefit service centers. Towers Watson is ranked one of Fortune magazine's 2013 Most Admired Companies in the diversified outsourcing category.
"As applicants continually raise the bar, and as the outsourcing industry continues to grow and mature in many markets, competition is tougher," said Jag Dalal, managing director of thought leadership, IAOP and chairman of the judges' panel. "Being named to The Global Outsourcing 100 is a great achievement, particularly given the strong competition, and we are proud to recognize Towers Watson for their excellence."
The complete 2013 rankings will be published in the May 20 Fortune 500 issue of Fortune magazine in a special advertising feature produced by IAOP.