Coyle Hamilton Willis, the Irish subsidiary of Willis Group Holdings, will change its name to Willis Risk Services (Ireland) Limited, effective September 15, 2008. “The move reflects Coyle Hamilton’s growing international business presence as part of the Willis global network,” said the bulletin.
Willis acquired a majority stake in Coyle Hamilton in 2004 (See IJ web site -http://www.insurancejournal.com/news/international/2004/10/04/46467.htm).
Commenting on the rationale behind the name change, Brendan McManus, CEO, Willis UK & Ireland explained/: “Coyle Hamilton Willis’ local knowledge and outstanding service, backed by Willis’ global resources, has enabled us to significantly improve our offering for both domestic and international firms operating in the Irish market. Against this backdrop of success, we decided to change our name to reflect Coyle Hamilton’s full integration into Willis and the increasingly global nature of our business in Ireland.”
Coyle Hamilton Willis CEO Jim O’Mahoney added: “As part of the global Willis family, we have access to the most advanced broking systems, knowledge base and exceptionally strong relationships with key insurance companies across the world. We have also been able to invest in our own facilities and training to ensure that our products and services are best-in-class both in Ireland and internationally. We are proud of our new brand and are excited about the future of this great company.”
The soon-to-be-renamed operation, with annual revenues of over €40 million, employs 320 Associates and has offices its Dublin, Limerick and Cork. The broker recently relocated its Dublin headquarters to a landmark new office in Grand Mill Quay.
Source: Willis – www.willis.com