While it’s still unclear if Hurricane Irene will make landfall or stay offshore the East coast this weekend, a storm its size can create significant storm surge and will likely result in significant personal and commercial property claims, a major …
ACE’s London based operations have teamed up with Willis Limited, the UK insurance broker, to successfully launch a fully electronic accounting process between the two companies. The achievement marks the first time that a broker and insurer have used the …
The London Market Group (LMG), which introduced a platform for the electronic support for endorsements in April, noted that the program has gotten off to a “resounding start;” so good in fact that it’s introducing three new classes of business. …
According to a new report from Willis Group Holdings – Willis Summer 2011 Leisure Newsletter – “vast quantities of personal, identifiable information collected by the leisure and hospitality industry has made it a chief target of cyber attacks.” Willis’ Cyber …
Willis’ monthly airline insurance insight report indicates that “the insurance market has remained remarkably stable for airlines, with no change in the drivers of capacity and claims. “The experience of 2011 continues to demonstrate the uncertain nature of airline insurance, …
Willis Group Holdings announced that, effective immediately, Scott Pickering, President of Willis’ Asia Pacific, Middle East and Africa operations, will assume the additional role of Chairman, Willis Australasia. Pickering joined Willis in 2010 after working for RSA Insurance as Regional …
UK insurance broker Willis Limited, a subsidiary of Willis Group Holdings, announced that it has reached a settlement with the Financial Services Authority (FSA) for breaches of the FSA Handbook. Willis explained that the findings principally concern the way it …
A new report from Willis ILS – Investors Eager for Cat Bonds Following Light Second Quarter Issuance – concludes that, despite, or perhaps due to the catastrophes experienced during the first quarter of 2011, investors are showing renewed and increasing …
Joe Plumeri, Chairman and CEO of Willis Group Holdings, told delegates at the Insurance Day Conference in Bermuda that the insurance industry is entering a “golden age” of opportunity. He cited the fact that there are two billion people in …
Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Chicago, has appointed Jana Rucker as director of Marketing for Willis Commercial Network – North America. Rucker will be responsible for leading the promotional …
