October 21, 2008
New York officials are putting pressure on insurers and brokers to sew up the details of most large commercial insurance policies and deliver finished contracts to customers within 30 days of inception to avoid uncertainty over what’s covered and what’s …
October 6, 2008
Agents Must Expand Their Technology Horizon to Exploit the ‘Value Gap’ MarketScout presented its second eInsurance Symposium in Dallas, Texas, in September 2008. The symposium was preceded by hurricane Ike by a day and then the conference was held during …
October 1, 2008
Willis Group Holdings Limited has completed its $2.1 billion acquisition of Hilb Rogal & Hobbs Company (HRH), one of the world’s largest insurance and risk management intermediaries. The move doubles Willis’ revenues and geographic presence in North America and strengthens …
August 5, 2008
Willis Group Holdings announced from New York that Allan Gribben, CEO of Willis International, has been appointed Global Sales & Marketing Director. His mandate “includes responsibility for the ‘Client and Growth’ initiative, part of Shaping our Future, Willis’ strategy for …
July 31, 2008
Despite a soft insurance market, Willis Group Holdings Limited reported a 7 percent growth in commissions and fees, including 3 percent organic growth for the quarter and six months ended June 30, 2008. However, Willis reported net income of $39 …
July 21, 2008
The Willis Building, a landmark new London headquarters for global insurance broker Willis Group Holdings, will be officially opened today, July 21, by His Royal Highness, The Duke of York, otherwise known as Prince Andrew. Designed by Foster + Partners, …
July 7, 2008
Combined Firm Doubles Employee Benefits Business Willis Group Holdings Chairman and CEO Joe Plumeri holds a reputation for taking on challenges. On June 8 his company gave him one. Willis announced it has agreed to buy Virginia-based rival Hilb Rogal …
June 9, 2008
Willis Group Holdings Ltd. announced that the company has agreed to buy Virginia-based rival Hilb Rogal & Hobbs Co., according to a statement late on Sunday. Willis said the $2.1 billion deal would double its “North American revenues and strengthen …
June 2, 2008
Quake Shatters China’s Sichuan Province; Willis Shows Off New London Headquarters; AIG Wins One, Loses One After five weeks of high level discussions, Australia’s QBE Group withdrew its offer to acquire Insurance Australia Group Limited (IAG), following the decision of …
May 14, 2008
Since Joe Plumeri took over as Chairman and CEO of Willis in 2000, he’s guided the international broker through turbulent times, making a number of radical and innovative changes along the way. Nowhere is his presence more evident than in …