Willis Group Holdings Limited · London United Kingdom ·(NYSE: WSH)
Company Description
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Willis Group Holdings isn't one to pass the buck -- but it will pass along the risk. The company is a top global insurance broker, specializing in reducing risk for entities in such fields as aerospace, construction, energy, health care, marine, mergers and acquisitions, and such niche areas as fine art, jewelry, armored cars, racehorse breeding, and sabotage. Willis provides retail insurance policy placement (on behalf of insurance companies), as well as risk consulting and risk transfer services to its clients. It also has reinsurance brokerage operations. The company's clients include middle-market corporations, multinational firms, government and other institutions, and private individuals. To read the full description, subscribe now.
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Key Willis Group Holdings Limited Financials
| Company Type | Public - NYSE: WSH Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $2,834.0 |
| 2008 Employees | 17,000 |
Willis Group Holdings Limited Executives
48 executives listed for Willis Group Holdings Limited's London, location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Joseph Plumeri | Network |
| President | Grahame Millwater | Network |
| COO and CFO | Patrick Regan | Network |
Competition
Competitive Landscape for Willis Group Holdings Limited
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Willis Group Holdings Limited Competitors
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