Ellis Joins Willis as Global Energy Practice Leader

March 23, 2006

Global insurance broker Willis Group Holdings Limited announced that Phillip Ellis has joined the Goroup as Global Energy Practice Leader. The bulletin characterized the move as a “significant senior appointment strengthening its global energy practice,” and one that would bring “an extraordinary wealth of intelligence and experience in working with energy and energy-related clients around the world.” Ellis is based in London and will report to David Margrett, CEO of Willis’ Global Specialties.

He joins Willis from the Boston Consulting Group where he served for six years as leader of their Oil & Gas Practice. Ellis was with Booz Allen & Hamilton, for over 13 years, where he last headed up their Energy Practice for Europe and the Middle East.

The bulletin notes that Ellis “has a history of growing significant new businesses and international teams. He has led a number of industry-changing programs such as reorganizing the upstream headquarters of a major oil company; developing the privatization strategy for a European national oil group; and leading the design of the world’s largest gas development scheme in the Middle East.

“Ellis designed and led a crisis scenario on gas supply to Europe for a major oil company which anticipated major risks and opportunities now facing the industry. He recently led a global benchmarking of investment criteria, methods, and decision-making cultures in the upstream oil industry, enrolling sixteen of the world’s most prominent oil companies in the program. He has also been engaged in helping a large oil group develop new business in the Middle East.”

Margrett commented: “Phillip Ellis is an energy professional with an outstanding reputation in the industry. His depth of knowledge and level of expertise is sure to add value to our Global Energy Practice, as we continue to explore new and better ways to increase our broking and risk management capabilities through the next evolution of the energy insurance sector.”

“I am excited about the challenges and opportunities ahead,” Ellis stated. “Willis has a great reputation in this sector for outstanding risk management work and I look forward to working with Sandy Vietor, Alan Brooks, Guy Bessis and the entire team of great professionals in the Energy Practice.”

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