Willis Group Holdings News

Willis Appoints Dussuyer Global Head of Natural Resources Industry

Willis Group Holdings announced the appointment of Nick Dussuyer as Global Head of Willis’s Natural Resources Industry with immediate effect. Dussuyer joins from BearingPoint where he was member of the global Natural Resources leadership team and the Partner in charge …

Willis Appoints Messer Regional Leader for Latin American Aviation

Willis Group Holdings announced the appointment of Thomas Messer as Regional Leader of aviation in Latin America with immediate effect. Messer joined Willis in 2002 and has served in a variety of roles within the aerospace re/insurance market – most recently …

Marsh & McLennan Seeks Ways to Cut Tax as Competitors Shift to London

Marsh & McLennan Cos., the largest insurance broker by market value, is seeking ways to cut tax obligations as rivals shift to Europe, where rates are lower. “The search for tax efficiency for us started several years ago,” Dan Glaser, chief executive …

Willis to Acquire PMI Health Group, UK-Based Healthcare Adviser & Broker

Willis Group Holdings plc announced an agreement to acquire PMI Health Group (PMIHG), an independent healthcare adviser and broker in the UK. Willis said the deal will significantly raise the company’s presence in the UK employee benefits and healthcare market, …

Willis Dealmaker Walkiewicz Hires Shea for Capital Markets Role

Willis Group Holdings Plc has hired Brian Shea as head of Europe for the investment banking division as the insurance broker seeks to arrange more deals. Shea, 49, joins from reinsurer SCOR SE. He was previously the head of the European …

Willis Appoints Aubert to Executive Committee of London & Int’l Brokers’ Assn.

Willis Group Holdings has appointed Nicolas Aubert, CEO of Willis GB, to the executive committee and board of the London & International Insurance Brokers’ Association (LIIBA)*. In addition, Aubert was named LIIBA representative to the London Market Group (LMG), a …

Willis CEO, Casserley, Opts Against Taking Severance Pay in Towers Watson Deal

Willis Group Holdings plc’s chief executive officer, who is taking a lesser role under the insurance broker’s planned merger with Towers Watson & Co., has opted against taking some compensation that he was entitled to get. “Dominic Casserley will not receive a …

Willis Group, Towers Watson Agree to $18 Billion Merger

Global reinsurance and insurance broker Willis Group Holdings and professional services and analytics firm Towers Watson have agreed to an all-stock merger of equals valued at $18 billion. Upon completion of the merger, Willis shareholders will own approximately 50.1 percent …

Steve Hearn to Leave Willis for CEO Role at Cooper Gay Swett & Crawford

Willis Group Holdings confirmed that Deputy CEO Steve Hearn has decided to leave the company and will take up the role of CEO at Cooper Gay Swett & Crawford (CGSW) at the beginning of November. The announcement came one day …

Willis Appoints Weaver CEO Singapore, SE Asia; Hooker for Natural Resources

Willis Group Holdings plc has appointed Simon Weaver as CEO of its Singapore office, and to the newly-created role of regional CEO for south-east Asia. He will be is moving from Miller, where he has spent two years as Head …