Willis News

Wright Named CEO of Willis International, Replacing Margrett

Willis Group Holdings plc in London has named Tim Wright as chief executive officer of Willis International, the company’s business unit serving all of Willis’ retail clients around the globe outside North America, the United Kingdom and Ireland. The company …

Willis Appoints Poillon Director of Investor Relations

Willis Group Holdings announced the appointment of Peter Poillon as Director of Investor Relations. He is based in New York and will report to Mike Neborak, Group Chief Financial Officer. Poillon will be responsible for developing and executing a “proactive …

Willis Energy Hires Farebrother to Lead Houston Sales Team

Global insurance broker Willis Group Holdings announced that Graham Farebrother has joined Willis as executive vice president and sales team leader for Willis Global Energy’s Houston team. He will report to Mark Oakley, head of the Houston office. Farebrother has …

Wilford to Head Willis Global Aerospace; Smaje is New CEO; Hanrahan, President

Willis Group Holdings plc announced that Mark Wilford, currently Director of Risk at Rolls-Royce Group plc, has been appointed Chairman of the Willis Global Aerospace division, effective January 1, 2012. He will be based in London and will report to …

Willis Chief Tells Asian CEO’s Insurance ‘Not Just About Coverage’

Joe Plumeri, the Chairman and CEO of Willis Group Holdings, told more than 100 leading Asian CEOs’ that ‘insurance is not just about coverage and claims, but is about security and survival’ at the KPMG ‘Captains of Industry’ lunch hosted …

Willis Appoints Peller as Argentina CEO

Willis Group Holdings has announced the appointment of Seth Peller as CEO of Willis Argentina S.A., effective immediately. He is based in Willis’ Buenos Aires office, and takes over the leadership of one of Argentina’s largest insurance brokers. Willis has …

Willis’ Exec Sees Possible ‘Historic Change’ in Reinsurance Market

The long awaited end of the reinsurance pricing cycle may be obtainable, but is that necessarily good news? In his keynote speech at the PricewaterhouseCoopers breakfast briefing at the Reinsurance Rendezvous Martin Sullivan, deputy chairman of Willis Group and CEO …

Willis Develops New Coverage for Nuclear Exclusion Risk

Willis Group Holdings plc announced from its London office that it has developed a new insurance product “to cover business interruption costs for companies with key locations, suppliers or customers situated in the vicinity of a nuclear power station, should …

S&P Changes Willis Group Outlook to Positive; Affirms Ratings

Standard & Poor’s Ratings Services has revised its outlook on Ireland-domiciled Willis Group Holdings PLC to positive from stable, and has affirmed its ‘BBB-‘ long-term counterparty credit rating on Willis and related ratings on debt issues outstanding. “The positive outlook …

Willis Acquires Polish Broker to Expand Employee Benefits, Construction

Willis Europe B.V., a division of Willis Group Holdings plc, has acquired 100 percent of the shares of Polish insurance broker, Brokerskie Centrum Ubezpieczeniowe (AMA) Sp. Zoo. Willis said the deal, effective immediately, will further strengthen its “presence in the …