Dominic Casserley News

Aubert Appointed CEO of UK-based Willis Limited

Willis Group Holdings has appointed Nicolas Aubert as CEO of Willis Limited, the Willis Group’s principal UK regulated entity. The appointment, which has received regulatory approval from the Financial Conduct Authority (FCA), takes effect immediately. Aubert takes over responsibility “for …

Towers Watson Shareholders Plan to Vote Against Merger with Willis: Sources

Stakeholders who own millions of shares in Towers Watson & Co. are planning to vote against the firm’s $8.7 billion merger with Willis Group Holdings Plc if the terms of the transactions are not improved, people with knowledge of the …

Willis to Help Mobilize Global ‘Resilience Modelling & Mapping Forum’ for Nat Cat

Willis Group Holdings is providing $1 million to help mobilize a global “Resilience Modelling and Mapping Forum” to address natural catastrophe risk, according to Dominic Casserley, CEO. The Resilience Modelling and Mapping Forum is a collaboration between the global re/insurance …

BB&T Buys 16.9% Stake in London-Based Miller; Willis to Keep Majority Interest

BB&T IHC International Ltd. has acquired a 16.9 percent interest in Miller Insurance Services LLP, the London-based specialist wholesale insurance broking firm. BB&T, which owns the world’s sixth largest insurance broking business, acquired its stake from Willis Group Holdings plc, …

Willis CEO, Casserley, Opts Against Taking Severance Pay in Towers Watson Deal

Willis Group Holdings plc’s chief executive officer, who is taking a lesser role under the insurance broker’s planned merger with Towers Watson & Co., has opted against taking some compensation that he was entitled to get. “Dominic Casserley will not …

Willis CEO: Gras Savoye Acquisition Part of Strategy to Expand Global Reach

Willis Group Holdings plc, the third-largest insurance broker, offered to buy the 70 percent of Gras Savoye that it doesn’t already own to expand in France, Eastern Europe and the Middle East. Willis will pay 550 million euros ($590 million), …

Willis Group Promotes Jones to CEO of North America Unit

Insurance broker Willis Group Holdings plc promoted Todd Jones to chief executive officer of Willis North America, the company’s largest business segment. Jones will report to Willis Group CEO Dominic Casserley and will represent Willis North America on the Willis …

McKinsey’s Casserely to Succeed Plumeri as Willis Group CEO

Dominic Casserley will serve as the next chief executive officer of global insurance broker Willis Group Holdings, effective Jan. 7, 2013. Also, Steve Hearn, currently the chairman and CEO of Willis Global, will serve as deputy CEO and Joe Plumeri, …