Joe Plumeri News

Willis Exec Touts Captives As Key Tool in World of Changing Risks

In an environment of rapidly evolving risks, purely anticipating risk is not enough. Organizations also need to focus on building resilience to effectively manage risk and position themselves for long-term sustainability, according to a global insurance executive. Joe Plumeri, chairman …

Willis Acquires Prestige Office Building in Birmingham, UK

Willis Group Holdings announced that it has secured the biggest office letting in Birmingham’s Jewellery Quarter this year at the landmark 40 St. Paul’s Place. Willis Group Chairman and CEO Joe Plumeri officiated at the opening ceremonies yesterday. Willis noted …

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Former AIG Chief Executive Officer Martin Sullivan, who was ousted three months before the U.S. government bailed the insurer out, is joining Willis Group Holdings PLC. Sullivan will head a new unit – Willis Global Solutions– that will oversee brokerage …

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Donald D. Larson has been named president and chief operating officer of the Great American Property and Casualty Group and Great American Insurance Co. Larson is the 16th president in Great American’s history. He assumes the title from Carl H. …

Willis Appoints Neborak as Group CFO

Global insurance brokers Willis Group Holdings has appointed Michael K. Neborak as executive vice president and Group chief financial officer. Neborak will report to Joe Plumeri, chairman and CEO, and will serve as a member of Willis’ Executive Committee. He …

Willis’ Plumeri Urges UK Government to Spur Insurance Industry Growth

Joe Plumeri, Chairman and CEO of Willis Group Holdings, “told an audience of insurance executives that the new UK Government must address the struggling economy to spur growth in the British insurance industry, while calling on the EU to resolve …

Willis Urges Risk Managers to Fight Against Contingent Commissions

Global insurance broker Willis Group Holdings, which has vowed to not accept contingent commissions, is urging risk managers to insist that all brokers they do business with also drop the controversial revenue source. Willis has launched an Internet campaign, dubbed …

Willis Urges Risk Managers to Fight Against Contingent Commissions

Global insurance broker Willis Group Holdings, which has vowed to not accept contingent commissions, is urging risk managers to insist that all brokers they do business with also drop the controversial revenue source. Willis has launched an Internet campaign, dubbed …

Willis Group Donations for Haiti Top $400K

Haiti is a place where Willis Group Holdings plc, the global insurance broker, does little or no business. Among its 17,000 employees worldwide, the firm says only one was known to come from Haiti. But still, the company’s employees responded …

Willis CEO Plumeri Reiterates Broker’s Contingent Commissions Rejection

Willis Group Holdings Chairman and CEO Joe Plumeri, speaking to a meeting of insurance executives at Willis’ London headquarters, reiterated the broker’s long standing position that it would not accept contingent commissions. Plumeri explained that disclosure of broker and agent …