Joe Plumeri News

Willis Rolls Out New ‘Quality Index®’

In a move it describes as taking the “price and prejudice” out of clients’ insurance decisions, Willis Group Holdings has launched a new “Quality Index” for its global clients. Chairman and CEO Joe Plumeri touted the new service as the …

Earnings Recap: ACE, Arch, Everest Re, Montpelier Re, PartnerRe, Transatlantic Re, Willis

A number of international companies have recently published their earnings results for the third quarter of 2007 and the first nine months of the year. Highlights of these reports – in alphabetical order – are as follows. For the complete …

Willis Q3 Earnings Conference Call Today

Joe Plumeri, Chairman and CEO of Willis Group Holdings, will host a conference call today, October 25, 2007, at 8:00 AM Eastern Time to discuss the global broker’s earnings for the third quarter ending September 30, 2007. Interested parties may …

New Management for Willis Japan

Willis Group Holdings announced that Shoji Ohashi has joined the international broker as the new Representative Director and Chairman of Willis Japan Holdings KK, and Yoshiki Yamamoto is the new Director and CEO of Willis Japan Holdings KK. Ohashi will …

Business Moves

Willis, InsuranceNoodle Willis Group Holdings Limited, the global insurance broker, has acquired Chicago-based InsuranceNoodle, an Internet distributor of U.S. small business insurance. Terms of the transaction were not disclosed. InsuranceNoodle offers Willis a proprietary Web-based technology platform for online application …

Business Moves

Willis, InsuranceNoodle Willis Group Holdings Limited, the global insurance broker, has acquired Chicago-based InsuranceNoodle, an Internet distributor of U.S. small business insurance. Terms of the transaction were not disclosed. InsuranceNoodle offers Willis a proprietary Web-based technology platform for online application …

Willis Acquires Online Small Business Broker InsuranceNoodle

Willis Group Holdings Limited, the global insurance broker, has acquired Chicago-based InsuranceNoodle, an Internet distributor of U.S. small business insurance. Terms of the transaction were not disclosed. InsuranceNoodle offers Willis a proprietary web-based technology platform for online application and quoting …

Willis’ CEO Stresses Broker’s ‘Commitment to the Chinese Market’

Willis Group Holdings Chairman and CEO Joe Plumeri, at a press conference in Shanghai, spoke of the global broker’s commitment to the Chinese market. “We are focusing our business on domestic companies so that we can make a difference in …

Sens. Sununu, Johnson Reintroduce Optional Federal Charter Legislation

United States Senators John Sununu, R-NH, and Tim Johnson, D-SD, reintroduced “The National Insurance Act of 2007,” legislation that aims to modernize insurance industry regulation by providing an optional federal charter (OFC) for insurers. Under the legislation (SB 40), insurers …

Willis rejects insurers’ alternatives for contingent commissions

After a review of the supplemental compensation plans recently proposed in the marketplace by certain carriers, Willis Group Holdings reported that it will not be accepting these incentive arrangements because, it says, they fail to fix the conflicts associated with …