Willis Announces International Appointments in Global Placement Unit
London, UK, February 23, 2009 - Willis Group Holdings (NYSE: WSH), the global insurance broker, has announced
a series of international appointments in Willis Global Placement, its newly formed entity that co-ordinates worldwide
placement strategy for the benefit of Willis clients.
Global Placement brings together Willis' placement experts around the globe tonsure that Willis can offer its clients
unrivalled access to markets and deliver innovative placement solutions via its retail network.
Installing Global Placement leaders in key geographies and business units, thecompany announced the following appointments:
- Nigel Roberts is appointed Chief Placement Officer for Global Specialties and will report to Joe Trotti, CEO,
Willis Global Specialties, with a matrix report to Dominic Samengo-Turner, CEO, Willis Global Placement. In addition
to his new role, Roberts will continue to have responsibility within Global Specialties for Willis' Shaping
our Future programme - the Group's strategy for profitable growth.
- Paul Ward is appointed Regional Placement Officer
for Asia, reporting to RogerWilkinson, CEO, Willis Asia, with a matrix report to Tom Bartleet, Chief
Placement Officer, Willis International.
- Phil Jacobs is appointed Regional Placement Officer for Continental Europe, reporting to Adam
Garrard, CEO, Willis Continental Europe, with a matrix reportto Bartleet. Jacobs will be relocating from Sydney
to London.
- Edward Fyfe is appointed Regional Placement Officer for Latin America, reporting to Eugenio Paschoal, CEO,
Willis Latin America, with a matrix report to Bartleet. Fyfe will continue his role as Managing
Director for Willis' Latin-American reinsurance operations while handling client-facing opportunities relating to energy.
- Tony Barber is appointed
Regional Placement Officer for Australasia, reporting to Bill Donovan, CEO, Willis Australasia, with a matrix report
to Bartleet.
"The appointments we are announcing today will ensure a strong and close working relationship between Willis Global
Placement and Willis Global Specialties and our local retail operations around the world, a relationship that
will provide major benefits to our clients and to Willis," said Samengo-Turner. "Nigel, Paul, Phil, Edward
and Tony are all highly experienced placement executives who will act as true partners with our
business units. Local account teams will continue to make placements, but our Global Placement team will
work closely with them to ensure clients get the best products, service and terms at the
best price.
"The concept behind Willis Global Placement is co-ordination, not centralisation," Samengo-Turner added. "We will co-ordinate carrier relationships
to ensure we onlyuse carriers that provide the best service while consolidating certain books of business
into facilities to give clients broader terms, and to allow Willis to trade moreefficiently with underwriters."
Willis Global Placement is organised in two areas: Willis Retail Placement, which is responsible for regional placements
that are transacted in local territories, and Willis Global Markets, responsible for global placement activities that
are transacted via offices in key insurance hubs like London, Bermuda and Singapore.
Willis Group Holdings Limited is a leading global insurance broker, developing and delivering professional insurance, reinsurance, risk
management, financial and human resource consulting and actuarial services to corporations, public entities and institutions around
the world. Willis has more than 400 offices in nearly 120 countries, with a global team
of approximately 20,000 Associates serving clients in some 190 countries. Additional information on Willis may be
found at www.willis.com.
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