Willis Launches Second Network, Willis N2, for Community Brokers
London, UK, March 20, 2008 – Following on from the success of the Willis Commercial Network, Willis Group Holdings (NYSE: WSH) today launched another unique offering, Willis 2 – a new network aimed at giving community brokers access to the Group’s global resources. Working in tandem with the existing Willis Commercial Network, Willis N2 will comprise of smaller brokers controlling between £1m and £2.5m premium who are largely commercial brokers, but will also have substantial books of personal lines business.
Along with the Willis Commercial Network, Willis N2 is the UK’s only network set up and run by one of the world’s leading global brokers providing access to all its specialist expertise and services. Another unique feature of Willis N2 is that it allows the active involvement of Willis Commercial Network members with Willis N2 members in their area to provide on the ground help and support, fostering a true “networking” relationship.
Mark Radburn, Managing Director of Willis Network comments, “We firmly believe there is a long term future for community brokers, who provide superb service to their clients. Membership of Willis N2 will help support them with strong insurer relations, very attractive commission levels, access to schemes and facilities, and the ability to work with Willis Commercial Network Members local to them, together with the Willis Network’s management team and other parts of Willis in the UK. All in all, a winning combination.”
All members of Willis N2 will be able to access the major insurers who work with the Willis Network. In addition, they will receive compliance and marketing support together with managerial, technical and sales training.
“We have ambitious plans to grow Willis N2 to over 200 members over the next several years,” continued Mr. Radburn. “While the new network will be distinct and separate from Willis Commercial Network, we have the great opportunity to allow each to interact for their mutual benefit.”
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 300 offices in some 100 countries, with a global team of approximately 16,000 Associates serving clients in some 190 countries. Additional information on Willis may be found at www.willis.com