A New York private investment firm has taken a controlling interest in Virginia-based insurance broker, The Hilb Group. BHMS Investments has completed a controlling equity investment in The Hilb Group, which was formed in 2009 by former senior executives of …
Willis Limited, the principal UK broking company of Willis Group Holdings plc said Rodney Baker-Bates will join its board as an independent non-executive chairman, Also, Brendan McManus has been named CEO of Willis Limited in addition to his current role …
Willis has responded to the “increasingly challenging” regulatory environment in the UK by introducing an enhanced professional liability product with the acronym DARCSTAR, which stands for Directors’ All Risk Cover. Coverage is obtained through FINEX Global, a part of Willis …
Willis Group Holdings has announced the appointment of Sean B. Rider to the newly created post of Managing Director, Sales and Consulting, Willis Global Captive Practice. He will be responsible for “developing and executing global marketing strategies, captive consultancy offerings, …
Willis Group Holdings announced that, effective immediately, Gianmarco Tosti has been appointed CEO, Willis Facultative London, a newly created post. He will lead a team of 50 Associates responsible for the placement of international facultative reinsurance business into the London …
Companies operating in politically volatile regions of the world may soon find they are “unable to retain sufficient insurance coverage to protect their assets and staff,” according to a new report by global insurance broker, Willis Group. The report also …
Attractive market conditions as a result of strong investor demand resulted in a record issuance of $1 billion catastrophe bonds in the first quarter of 2011, compared to $650 million in the same quarter last year. This is according to …
Willis Europe BV, a division of Willis Group Holdings, announced the conclusion of a transaction whereby Willis South Africa has acquired 22.5 percent of the equity in Amabubesi Consulting Services (ACS), a specialist employee benefits consulting business. “ACS belongs to …
Reinsurance rates may be edging higher only now, but the companies’ shares could still surge amid investor hopes that disasters, including Japan’s earthquake, will result in much higher rates in the future. Going into 2011, brokers and analysts estimated it …
The International unit of global insurance broker Willis Group Holdings announced that it is aligning its Asia Pacific business with its Middle East and Africa operations under the leadership of Roger Wilkinson as Chairman and CEO, effective immediately. Wilkinson, who …
