Willis Group Holdings Plc plans to eliminate jobs and relocate 3,500 employees, or about 16 percent of its workforce, after reporting first-quarter earnings that missed analysts’ estimates. The moves will yield $420 million in cost savings through 2017 and $300 …
Willis Group Holdings has appointed David Martin as Chief Executive Officer of Willis Limited, the Willis Group’s principal UK regulated entity, effective as of May and subject to FCA approval. Martin succeeds Steve Hearn as CEO and takes over responsibility …
Willis Group Holdings has announced the launch of a new product contamination insurance proposition, in partnership with XL Group, Willis Limited’s Food and Drink and Faber Global teams, in association with BRC Global Standards – the world’s biggest provider of …
“In recent years cargo losses worth more than one hundred million dollars have not been recovered under traditional cargo insurance policies due to critical exposures being excluded,” warned Willis Group Holdings plc. Willis said: “Heightened levels of political unrest and …
Willis Group Holdings plc announced two key appointments to further strengthen its capital markets division, Willis Capital Markets & Advisory (WCMA). Rui Huang joins Willis as Senior Vice President. He is based in Hong Kong and will be charged with …
Willis Group Holdings plc announced that it has opened a representative office in Myanmar that signals its commitment to the country’s growing insurance industry. Willis said the “office in Yangon will support Willis’s multinational and Asian client base, and also …
Willis Group Holdings has appointed Pietro Menghi as Director of Strategy and Transformation for Willis Global, the division which includes Willis’s specialist brokerage and consulting services. He has been leading Willis Re Southern Europe as Chairman and CEO since 2008 …
In a study of public documents, Willis Group Holdings plc said it has “found that technology and telecommunications companies estimated their cyber exposures at higher levels than others in the Fortune 1000, an indication that those firms may be underestimating …
Willis Group Holdings has appointed Andy Whitehouse as Group Director of Marketing and Communications. He joins Willis following eight years with McKinsey & Company, where he served most recently as Interim Global Communications Director and Deputy Director of Communications. Whitehouse …
Willis Group Holdings announced that it has expanded its global Financial Solutions offering with the appointment of Azzizza Larsen to head a new political risk, terrorism and trade credit specialist unit in Copenhagen. Willis said the new unit would “focus …
