Willis Group Holdings (WSH), a global risk adviser, insurance and reinsurance broker, has streamlined its UK-based insurance operations as part of its strategy to serve clients better.
The company said that it has integrated global specialty insurance business with the Willis UK retail business to create a market-leading client proposition.
UK retail business CEO David Martin will spearhead the newly integrated business and report to Steve Hearn, deputy CEO of Willis Group.
Steve Hearn said that the decision to better connect Willis’s world leading concentration of specialty expertise in the London market with the first-class retail client-servicing capabilities of Willis UK will greatly enhance our its client proposition.
"The UK-based business will continue to serve our clients globally and these changes will also ensure we deliver the best of our global expertise and capabilities within this key market and beyond," Hearn added.
The newly combined UK business CEO David Martin commented, "Today’s announcement will enable us to be more responsive to the demands of corporate clients, and grow our market share, both here in the UK and worldwide."
"The strength of our specialist global broking and product capabilities in London is a source of great pride and something we intend to develop further for the benefit of all Willis clients."
With more than 17,500 employees in over 400 offices, Willis Group operates as a risk advisor, insurance and reinsurance broker.
Image: The Willis Building in London. Photo courtesy of Colin.