Willis Group Holdings News

Broker/Insurer Combo Launch Food and Beverage Industry Contamination Coverage

Willis Group Holdings has announced the launch of a new product contamination insurance proposition, in partnership with XL Group, Willis Limited’s Food and Drink and Faber Global teams, in association with BRC Global Standards – the world’s biggest provider of …

Willis Highlights Coverage Gap of $100 Million in Uninsured Cargo Losses

“In recent years cargo losses worth more than one hundred million dollars have not been recovered under traditional cargo insurance policies due to critical exposures being excluded,” warned Willis Group Holdings plc. Willis said: “Heightened levels of political unrest and …

Willis Strengthens Capital Markets Unit in Asia, London

Willis Group Holdings plc announced two key appointments to further strengthen its capital markets division, Willis Capital Markets & Advisory (WCMA). Rui Huang joins Willis as Senior Vice President. He is based in Hong Kong and will be charged with …

Willis Opens Representative Office in Myanmar

Willis Group Holdings plc announced that it has opened a representative office in Myanmar that signals its commitment to the country’s growing insurance industry. Willis said the “office in Yangon will support Willis’s multinational and Asian client base, and also …

Willis Global Appoints Menghi Director of Strategy and Transformation

Willis Group Holdings has appointed Pietro Menghi as Director of Strategy and Transformation for Willis Global, the division which includes Willis’s specialist brokerage and consulting services. He has been leading Willis Re Southern Europe as Chairman and CEO since 2008 …

Willis Report Highlights Tech/TelCom Firms Cyber Risk Exposures

In a study of public documents, Willis Group Holdings plc said it has “found that technology and telecommunications companies estimated their cyber exposures at higher levels than others in the Fortune 1000, an indication that those firms may be underestimating …

Willis Appoints Whitehouse Group Director – Marketing and Communications

Willis Group Holdings has appointed Andy Whitehouse as Group Director of Marketing and Communications. He joins Willis following eight years with McKinsey & Company, where he served most recently as Interim Global Communications Director and Deputy Director of Communications. Whitehouse …

Willis Appoints Larsen to Head New Nordic Region Specialist Unit

Willis Group Holdings announced that it has expanded its global Financial Solutions offering with the appointment of Azzizza Larsen to head a new political risk, terrorism and trade credit specialist unit in Copenhagen. Willis said the new unit would “focus …

Willis Appoints Benolken Global Leader – Technology, Media, Telecommunications

Willis Group Holdings has appointed Sara Benolken as the firm’s Global Industry Leader for Technology, Media and Telecommunications (TMT). She has “specialized in advising Willis’s TMT clients since joining the firm in 2007,” said the announcement, and “will lead the …

Willis Mining Risk Review Warns Industry Not to Cut Risk Management

Willis Group Holdings recent publication, Mining Risk Review 2014, comments: “With the prospect of rising costs, falling commodity prices and decreased productivity levels, mining companies are embracing cost cutting measures to lay the foundation for long-term business growth. The report …