Joe Plumeri News

Business Moves

Willis, International Insurance Brokers Willis Group Holdings Limited, the global insurance broker, has acquired International Insurance Brokers Inc. Located in Staten Island, N.Y., International Insurance Brokers is a specialized broker serving the armored car and check-cashing industries. Its annualized revenues …

Business Moves

Hub International, Impact Insurance Hub International Limited has acquired the assets of Impact Insurance Services and consolidated those operations with Hub International Midwest’s financial institutions business. Kirby Jordan and Scott Eckerty, principals of Impact Insurance, will join Hub International Midwest …

Willis Buys N.Y.-Based Armored Car Insurance Specialty Broker

Willis Group Holdings Limited, the global insurance broker, announced today the stock acquisition of International Insurance Brokers, Inc. Located in Staten Island, N.Y., International Insurance Brokers is a specialized broker serving the needs of the armored car and check-cashing industries. …

Willis Acquires Swedish P/C Broker

Global insurance broker Willis Group Holdings announced that it has agreed to purchase 100 percent of the share capital of Nicon Forsakringsmaklarna AB (Nicon), a property and casualty broker in Southern Sweden which focuses on municipality clients. Willis said: “Annualized …

News Briefs

Willis Expands in China, Latin America: In a breakthrough agreement, global insurance broker Willis Group Holdings Limited, has received written approval from the China Insurance Regulatory Commission (CIRC) to increase its ownership interest in Willis Pudong Insurance Brokers Co. Ltd. …

Willis Acquires Peru Broker, Brazil Benefits Provider

Willis Group Holdings announced two acquisitions aimed at strengthening the international broker’s presence in the Latin American market. Willis has acquired both JH Asesores y Corredores de Seguros S.A. (JHA), a leading broker in Lima, Peru, and K.R. Athos Consultoria …

Willis Gets Permission to Increase Stake in Chinese Broker to 51%

In a breakthrough agreement, global insurance broker Willis Group Holdings Limited, announced that it has received written approval from the China Insurance Regulatory Commission (CIRC) to increase its ownership interests in Willis Pudong Insurance Brokers Co., Ltd. to 51 percent. …

Willis Expands Chairman’s Office; Regan to Become CFO

Global insurance broker Willis Group Holdings Limited has announced expanded responsibilities of the Office of the Chairman, which comprises Joe Plumeri, chairman and CEO and Vice Chairmen and co-COO’s Richard Bucknall, and Thomas Colraine, who is also the Group’s current …

Willis Group Unveils Q3 Report

Willis Group Holdings Limited, the global insurance broker, reported results for the quarter and nine months ended Sept. 30, 2005. Net income for the quarter ended Sept. 30, 2005 was $49 million, or $0.30 per diluted share, compared with $75 …

Willis Names Appointment to Global Employee Benefits Practice

Willis Group Holdings Ltd., the global insurance broker, announced the appointment of Gregory Arms as executive vice president and chairman of its Global Employee Benefits Practice. He is based in New York City. Reporting to Willis Chairman and CEO, Joe …