Willis Continues to Strengthen its Global Placement Unit With Appointment of a New Managing Director
London, UK, August 12, 2010 — Willis Group Holdings (NYSE: WSH), the global insurance broker, has appointed
Alastair Burns as Managing Director of its Insurance Facilities Practice, part of Willis Global Placement, the
division that co-ordinates worldwide insurance placement strategy for the benefit of Willis clients.
Burns, who will be based in London, will join the Willis Global Placement team in early September,
and will report to Dominic Samengo-Turner, Chief Executive Officer, Global Placement.
Burns has spent the last 20 years at Marsh, most recently as Managing Director of its UK
Affinity and Mergers and Acquisition businesses. Prior to this, he held a number of leadership positions
within the Marsh International placement organisation, developing both their wholesale and retail placement strategies.
Facilities allow brokers to aggregate high-volume, low-premium business together and place it through Binders, Lineslips, Programmes, Schemes
or Managing General Agencies. This collective buying power offers clients broader, more flexible coverage at better
prices than would be available in the open market. Facilities typically lend themselves to less complex
lines of business or specialist product areas, for example, commercial combined, motor, personal lines, personal accident
Commenting on Burns’ appointment, Samengo-Turner said, "We are delighted to welcome Alastair, who is well known in
the industry, and has huge experience working with clients and carriers to develop market-leading propositions. As
part of the Global Placement management team, Alastair’s skills will help us deliver on the many
facets of our Placement strategy.”
Grahame Millwater, President of Willis, said, “Since the creation of our Global Placement unit in early 2009,
our strategy has been to achieve greater global coordination of Willis' placement activities in the best
interest of our clients. An area of success has been our ability to consolidate certain books
of business into facilities to give clients broader terms and eliminate inefficiencies. Alastair is the right
person to drive this forward and we are convinced that dedicated coordination in this area will
significantly benefit our clients."
Willis Group Holdings plc is a leading global insurance broker. Through its subsidiaries, Willis develops and delivers
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 17,000 employees serving clients in virtually every part of the
world. Additional information on Willis may be found at www.willis.com.
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