Willis News

Willis Names Bellone for Europe Capital Markets & Advisory Unit

Willis Group Holdings announced the appointment of Andrea Bellone as Managing Director in the European team of Willis Capital Markets & Advisory (WCMA), effective immediately. He is based in London and reports to Michiel Bakker, Head of WCMA Europe. Bellone …

UK Gov’t. Minister Lauds Willis Tech Product; Stresses Innovation Importance

In a rapidly changing world, new innovations that keep global companies competitive are an extremely important resource – none more so than in the UK’s insurance sector. The Rt. Hon. David Willetts, the UK’s Universities and Science Minister, demonstrated just …

Willis Chief on Non-Traditional Risks Facing Airlines; Asia-Pacific Growth

Joe Plumeri, Willis Group Holdings Chairman and CEO, told attendees at the Willis Asia Pacific Aviation Insurance Conference in Hong Kong that air travel in Asia Pacific is set to significantly surpass that of North America and Europe in the …

Willis Peru Sells 49.9% Stake to Credicorp in Partnership Move

Willis Europe BV, a subsidiary of global insurance broker, Willis Group Holdings plc, and Peruvian financial services group Credicorp Ltd, announced that, on February 24, 2012, Grupo Credito, a subsidiary of Credicorp, acquired 49.9 percent of the shares in Willis …

Willis Tabs Zurich Exec to Lead U.S. Construction Surety Business

Willis North America, a unit of global insurance broker Willis Group Holdings, appointed Sean McGroarty as New York-based national surety leader of Willis North America construction practice. Previously, McGroarty served as senior vice president and head of international surety with …

Willis Global Solutions CEO Chides Industry for Failures on Reputation Risk

Phil Ellis, the CEO of Willis Global Solutions Consulting Group, called on the insurance industry “to innovate rapidly to address the glaring gap that exists for reputational risk cover.” Speaking at a seminar -The Risk Frontiers Conference – in London, …

Willis Chief Warns London Audience of Major Risk Increases in 21st Century

The 21st century has already witnessed a transformational shift in the global risk landscape, with a palpable change in the severity and frequency of events since 2000, warned Willis Chairman and CEO Joe Plumeri. Speaking to an audience at the …

Willis UK N2 Broker Network Adds 10 New Members

Willis Group Holdings announced that ten new members have joined its network, Willis N2 – an alliance with local, independent insurance brokers in the UK. The ten new members, which take the total Willis N² membership to 34, were listed …

Willis Exec Touts Captives As Key Tool in World of Changing Risks

In an environment of rapidly evolving risks, purely anticipating risk is not enough. Organizations also need to focus on building resilience to effectively manage risk and position themselves for long-term sustainability, according to a global insurance executive. Joe Plumeri, chairman …

Willis Appoints Trigg as Managing Director for Global Solutions Unit

Willis Group Holdings announced that Bruce Trigg will join its Global Solutions team as Managing Director, effective April 1st. he is based in London and will report to Alistair Lester, CEO of Global Solutions (International). Trigg joins Willis from Marsh …