Willis Towers Watson
Willis and XL move to e-accounting
The London-based operations of insurer XL Group and broker Willis are now using the Acord electronic accounting process between the two companies.
Willis recruits Rolls Royce aero boss
Willis has recruited Mark Wilford, director of risk at engine maker Rolls-Royce as chairman of its global aerospace division.
Market moves: All change at the trade bodies
With insurer moves slower than last week, this week has seen a number of changes among the trade bodies, with the Chartered Institute of Loss Adjusters, the |British Insurance Brokers’ Association and Federation of European Risk Management Associations…
News review 14 - 20 September 2011
A review of news stories which broke between 14 and 20 September 2011.
The Prince's Trust Insurance Leadership Group: A reflection on its successes so far
Tonight the Prince’s Trust Insurance Leadership Group celebrates breaking the £5m fund-raising barrier with a reception at the Chartered Insurance Institute. Jonathan Swift reflects on the group’s achievements in its five year lifespan.
Market moves: Bucking the trend for UK employment
With September in full swing, announcements of moves around the market are arriving thick and fast. After the dearth of recruitment news in August, disciplines across the industry spectrum appear busy luring expertise from competitors, promoting from…
JLT to poach staff from top brokers
JLT boss Dominic Burke has declared open season on poaching top staff from rival firms after a £166m investment from its 30-year backer Jardine Matheson.
Willis names new Argentina chief
Broker giant Willis has promoted its Latin America group regional placement officer Seth Peller to be CEO of Willis Argentina, based in Buenos Aires.
Airline industry loses at five year low
Willis aerospace experts have reported that the airline industry has experienced a relatively turbulent free start to the third quarter, with losses hitting a five-year low of $794m.
French academic institutes join Willis Research Network
Willis Research Network has introduced two new French members to its network.
Willis warns rates may not harden
Broker Willis has warned that the soft reinsurance market that has persisted since 2004 could become the norm without further catastrophes forcing rates to harden.
European insurance buyers rate specialist brokers for providing personalised service
European insurers buyers rate the 'big 3'brokers for their depth of resources and buying power, but it is the specialist brokers that are viewed as providing personalised service.
Willis develops nuclear exclusion risk cover
Willis Group Holdings has developed insurance to cover business interruption costs for companies with key locations, suppliers or customers situated in the vicinity of a nuclear power station.
Willis develops interruption cover in wake of recent disasters
Willis has responded to the devastating impact of the earthquake and tsunami that struck Japan in March by developing an insurance product to cover business interruption costs for companies in catastrophe hotspots.
Willis strenthens Polish presence with construction acquisition
Willis Europe BV, a division of Willis Group Holdings has acquired 100% of the shares of Polish insurance broker, Brokerskie Centrum Ubezpieczeniowe Sp. Zoo.
MP calls for ban on referral fees
A Yorkshire MP based in a city with the fastest rising rates of comprehensive motor insurance is calling for parliament to ban referral fees after his report found high personal injury claims are driving premiums up in that area.
Willis and Ace Europe claim London Market e-accounting first
The London-based operations of Ace and Willis today announced the successful launch of a full electronic accounting process between the two companies - a London Market Group (LMG) non bureau project first.
Willis and Ace Europe claim London Market e-accounting first
The London-based operations of Ace and Willis today announced the successful launch of a full electronic accounting process between the two companies - a London Market Group (LMG) non bureau project first.
People moves - 11 August 2011
A round-up of people moves and new appointments in the industry, as featured in the 11 August 2011 edition of Post.
Willis blames restructuring for profits fall
Willis has reported its net income for the six months to June 30, 2011 was $119m down from $293m in the same period a year ago, which the broker is mainly attributing to restructuring costs of $115m.
Leisure industry irresistible target for cyber pirates
The vast quantities of personal and identifiable information collected by the leisure and hospitality industry has made it a chief target of cyber attacks, according to global insurance broker Willis Group Holdings.
Towergate MD claims network members will make more money with BN, than Willis
Broker Network has stepped in to offer Our Network members the opportunity to make more money, despite the Broker Direct arm agreeing a tie up with Willis earlier this week.
Leisure industry irresistible target for cyber pirates
The vast quantities of personal and identifiable information collected by the leisure and hospitality industry has made it a chief target of cyber attacks, according to global insurance broker Willis Group Holdings.
Willis announces Broker Direct network tie up
Willis Networks and Broker Direct, through its commercial insurance solution Our Network, have entered into a strategic alliance that will allow their respective members access to the services and facilities of the other.