Willis Group Holdings News

Directors, Officers Face Increased Scrutiny: Willis/Allen & Overy Survey

“The threat of regulatory investigations and enquiries, criminal penalties, along with anti-corruption legislation, are among the top concerns for directors and officers,” according to a new survey conducted by Willis Group Holdings, the global risk adviser and insurance broker, and …

Willis UK Awarded Chartered Status by CII

Willis Group Holdings announced that its UK business has been awarded the prestigious “Chartered Insurance Brokers” status by the Chartered Insurance Institute (CII). Willis said the designation is “an exclusive title only awarded to firms that meet rigorous criteria and …

Willis Announces Exec Appointments, Office Expansions in Massachusetts

Willis North America, a unit of global insurance brokerage Willis Group Holdings, announced three executive appointments and office expansions to strengthen its Massachusetts operations and drive growth across the region. Todd Granger has been appointed executive vice president and human …

Willis Names Daniels Managing Partner of Northern California

Willis North America, a unit of Willis Group Holdings, named Andrew R. Daniels as managing partner of Northern California. The appointment is effective March 18. Daniels will be will be based in San Francisco and will lead Willis’ Northern California …

S&P Sees No Change for Willis’ Ratings from Goodwill and Remuneration Changes

Standard & Poor’s Ratings Services has said that its ratings on Willis Group Holdings PLC (‘BBB’-/Stable/–) are unchanged “following the company’s announcement of charges related to goodwill impairment and a change in its remuneration policy”, both of which, S&P said, …

Willis Expands Ohio Operations with New Cleveland Location

Willis North America, a unit of global insurance broker Willis Group Holdings, has relocated its Cleveland office to 1001 Lakeside Avenue, Suite 1600, Cleveland, Ohio. This move is part of Willis’ strategy to continue to elevate its presence in the …

Willis: It’s Not Surprising to See Sandy Loss Estimates Climbing

The price tag for Hurricane Sandy for insurers could reach $25 billion, according to a recent report in The Wall Street Journal, citing new estimates by catastrophe modeling firm Risk Management Solutions. In an online commentary, Willis Group Holdings said …

Willis North America Adds Three to Personal Lines in California

Willis North America, a unit of Willis Group Holdings, made three key appointments in its personal lines practice in Califfornia. The Willis’ personal lines practice provides personal risk solutions and placement services to individuals and families with complex risks. Tyler …

Willis Names Burwell as Northern California Construction Practice Leader

Willis North America has named Ric Burwell as construction practice leader of northern California. Burwell, who takes over immediately, will be based in San Francisco. Willis, a unit of U.K. insurance firm Willis Group Holdings, provides employee benefits and risk …