Willis Launches Network N2, for Community Brokers

March 21, 2008

Following on the success of its Commercial Network, Willis Group Holdings has launched another unique offering, Willis N2 – described as a “new network aimed at giving community brokers access to the Group’s global resources. Working in tandem with the existing Willis Commercial Network, Willis N2 will comprise of smaller brokers controlling between £1 million and £2.5 million [slightly less than $2 to $5 million] premium who are largely commercial brokers, but will also have substantial books of personal lines business.”

The program provides the services of a global broker’s specialist expertise and services, while also allowing “the active involvement of Willis Commercial Network members with Willis N2 members in their area to provide on the ground help and support, fostering a true ‘networking’ relationship,” said the bulletin.

Mark Radburn, Managing Director of Willis Network expressed his belief in the “long term future for community brokers, who provide superb service to their clients.” He noted that membership in Willis N2 “will help support them with strong insurer relations, very attractive commission levels, access to schemes and facilities, and the ability to work with Willis Commercial Network Members local to them, together with the Willis Network’s management team and other parts of Willis in the UK.”

All members of Willis N2 will be able to access the major insurers who work with the Willis Network. In addition, they will receive compliance and marketing support together with managerial, technical and sales training.

“We have ambitious plans to grow Willis N2 to over 200 members over the next several years,” Radburn added. “While the new network will be distinct and separate from Willis Commercial Network, we have the great opportunity to allow each to interact for their mutual benefit.”

Source: Willis Group Holdings – www.willis.com

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