Willis CEO Plumeri to Open RIMS Conference in Philadelphia with Call for Industry Change

April 18, 2005

Joe Plumeri, chairman and chief executive officer of Willis Group, the global insurance broker, will deliver the keynote address at the 2005 Risk and Insurance Management Society annual conference today in Philadelphia.

Citing the months of investigations and questions over broker compensation, Plumeri will unveil a new model for the insurance industry.

He will also urge brokers, clients and carriers to get energized and reinvigorated about theinsurance industry’s contribution to the global economy.

Thousand of insurance and risk management professionals are attending the conference, which runs until Thursday.

Other insurance leaders including newly-named Aon CEO Greg Case, Marsh CEO Michael Cherkasky and major underwriters from Lloyd’s of London are also scheduled to address attendees.

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