Willis Marketplace Realities - Spring 2008 Edition
12 Articles Profile Major Risk Management and Marketplace Segments
Challenges and Opportunities for Corporate Governance
New York, NY, April 4, 2008 – The Spring 2008 edition of Willis’ closely watched series Marketplace Realities and Risk Management Solutions, released today, focuses on important developments in Environmental, Surety, Aviation and Umbrella & Excess lines of insurance.
Willis Environmental experts make the case that in the age of climate change, Environmental products are going to be an increasingly necessary part of a comprehensive risk management program. Our Surety authors suggest that despite having just enjoyed what may have been the Surety industry’s best year ever, sureties – and Surety buyers – have many reasons to exercise caution in the uncertain and potentially tumultuous current economic climate. In Aviation, the long soft market continues, but buyers are urged to take the opportunity to look beyond price and consider program enhancements when underwriters might be more willing to grant them. The Umbrella & Excess Casualty marketplace is described as one in dynamic transition, with an often accelerated state of movement as insurers aggressively seek to differentiate their offerings in order to retain accounts and win new business. Positive differentiation should also be the watchword of insurance buyers if they want to take advantage of the fluid marketplace conditions.
Several times a year, the Marketplace Realities series features Willis practice leaders and industry experts who profile major risk management program elements, insurance marketplace segments and areas of specialization that impact the top line, the bottom line and strategic planning initiatives for companies of every stripe – with analysis and advice for meeting the challenges and seizing opportunities to enhance coverage and reduce cost of risk.
The Spring 2008 edition also includes timely highlights from Willis’ library of recent publications. These include:
- “TRIA and Captive Insurance Programs” – Captive Consulting and Terrorism Practice
- “Are You Prepared for Healthcare in 2008 and Beyond?” and “San Francisco’s Employer Healthcare Mandate” – Employee Benefits
- “Spotlight on the ERISA Tagalong Claim” – Executive Risks
- “Subprime D&O Claims: Early Indicators?” and “The Global Financial Contagion” – Willis Re, Financial Institutions and Executive Risks
- “It’s All About Automobiles” – Private Client Group
- “The Brazilian Reinsurance Marketplace” – International
These studies offer compelling reading for risk managers, financial executives and other stewards of corporate governance. The Spring 2008 edition of Marketplace Realities is attached.
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.
Download The Spring 2008 edition of Marketplace Realities (3.6m)