Willis News

Willis Global Solutions CEO Chides Industry for Failures on Reputation Risk

Phil Ellis, the CEO of Willis Global Solutions Consulting Group, called on the insurance industry “to innovate rapidly to address the glaring gap that exists for reputational risk cover.” Speaking at a seminar -The Risk Frontiers Conference – in London, …

Willis Chief Warns London Audience of Major Risk Increases in 21st Century

The 21st century has already witnessed a transformational shift in the global risk landscape, with a palpable change in the severity and frequency of events since 2000, warned Willis Chairman and CEO Joe Plumeri. Speaking to an audience at the …

Willis UK N2 Broker Network Adds 10 New Members

Willis Group Holdings announced that ten new members have joined its network, Willis N2 – an alliance with local, independent insurance brokers in the UK. The ten new members, which take the total Willis N² membership to 34, were listed …

Willis Exec Touts Captives As Key Tool in World of Changing Risks

In an environment of rapidly evolving risks, purely anticipating risk is not enough. Organizations also need to focus on building resilience to effectively manage risk and position themselves for long-term sustainability, according to a global insurance executive. Joe Plumeri, chairman …

Willis Appoints Trigg as Managing Director for Global Solutions Unit

Willis Group Holdings announced that Bruce Trigg will join its Global Solutions team as Managing Director, effective April 1st. he is based in London and will report to Alistair Lester, CEO of Global Solutions (International). Trigg joins Willis from Marsh …

WillisWire Bloggers Reveal Their Top Emerging Risks for 2012

A bulletin from Willis Group Holdings identifies 18 “emerging risks,” as causing increasing concern among the world’s insurance community. Willis compiled the list from its new website of intellectual capital, WillisWire. While “headline-grabbing events” – the euro zone crisis, the …

Willis North America Appoints Monat to M&A Leadership Position

Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Chicago, has appointed William “Bill” Monat as senior placement specialist, transactional solutions products, in its national mergers and acquisitions unit. The Willis National Mergers …

Willis Teams with Narec Capital to Boost Renewable Energy Coverage

Willis announced a new strategic alliance with clean energy financier Narec Capital, which it said would “unlock fresh opportunities for firms in the renewable energy market to develop and scale up technologies that generate low carbon power from the air, …

Willis N. America Appoints Penn.-based Environmental Practice Leader

Willis North America, a unit of insurance broker Willis Group Holdings, appointed Richard Sheldon as environmental practice leader. Sheldon has been serving as national placement leader for the environmental practice since January 2011. He will report to Rick Hawkinberry, chairman …

French Broker Gras Savoye Receives License to Operate in Georgia

France’s Gras Savoye, which is closely associated with Willis, announced that it has received a license to commence brokerage operations in Georgia (the country – not the state), as part of its initiative to expand its business from Turkey into …