A bulletin from Willis Group Holdings identifies 18 “emerging risks,” as causing increasing concern among the world’s insurance community. Willis compiled the list from its new website of intellectual capital, WillisWire. While “headline-grabbing events” – the euro zone crisis, the …
Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Chicago, has appointed William “Bill” Monat as senior placement specialist, transactional solutions products, in its national mergers and acquisitions unit. The Willis National Mergers …
Willis announced a new strategic alliance with clean energy financier Narec Capital, which it said would “unlock fresh opportunities for firms in the renewable energy market to develop and scale up technologies that generate low carbon power from the air, …
Willis North America, a unit of insurance broker Willis Group Holdings, appointed Richard Sheldon as environmental practice leader. Sheldon has been serving as national placement leader for the environmental practice since January 2011. He will report to Rick Hawkinberry, chairman …
France’s Gras Savoye, which is closely associated with Willis, announced that it has received a license to commence brokerage operations in Georgia (the country – not the state), as part of its initiative to expand its business from Turkey into …
The Protection & Indemnity (P&I) market “delivered a blockbuster financial performance last year,” according to a report from Willis. However, the report also found that P&I Clubs are “faced with fragile investment income and increased claims in 2011,” which has …
Willis Group Holdings announced that Grahame J. Millwater, who currently serves as President of Willis Group Holdings and Chairman & CEO of Willis Global, will retire from the company to pursue other interests. He joined Willis as part of its …
The liability risks facing company directors and officers are intensifying in the wake of the economic crisis. At the head of the list are “regulatory investigations and enquiries,” which pose the greatest perceived threat to companies and their directors. The …
Willis has announced the global launch of its insurance placement system, WillPLACE. The online tool was designed to help the broker place its clients with the most appropriate insurers. WillPLACE will let Willis gather data about the risk appetites of …
Willis Italy, a unit of Willis Group Holdings, announced the acquisition of Broking Italia SRL, a long-established specialist in the Italian insurance market, founded and currently headed by Gianfranco Agostini and Daniela Andreussi. Terms of the transaction were not announced. …
