Global insurance broker Willis Group Holdings has named Vic Krauze as president of Willis HRH, its North American retail business.
Krauze will retain his current responsibilities as chief operating officer of Willis HRH and will continue to report to Don Bailey, chairman and CEO of Willis HRH.
Krauze will be responsible for the day-to-day operations of the business and establishing more consistent business-wide processes and systems for managing growth at the regional level.
The National Partners who head each of Willis HRH’s seven regions will now report to Krauze.
Krauze was named COO of the North America business in February 2008 and has played a role in overseeing the integration of Willis HRH following the company’s acquisition of broker Hilb Rogal & Hobbs (HRH) in October 2008.
Krauze joined Willis in January 1997 as a producer and was promoted to president and CEO of the company’s Minnesota operations. In July 2003, he was named National Partner of the Great Lakes Region, which became part of the company’s larger Central Region in 2006.
Krauze began his insurance career in 1989 with Marsh as a marketing specialist and later was responsible for production for both risk management and middle-market clients.
Willis HRH has more than 200 local offices across the United States and Canada.