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    Willis Management (Guernsey) Limited is the First Captive Manager to Achieve Chartered Insurer Status

    London, UK, January 17, 2011 - Willis Group Holdings (NYSE: WSH), the global insurance broker, today announced that one of its captive management operations, Willis Management (Guernsey) Limited, has become the first insurance management company and one of only four companies in the world to have been awarded the prestigious “Chartered Insurers” title by the Chartered Insurance Institute (CII).

    Chartered status is an exclusive title only awarded to firms which meet rigorous criteria relating to professionalism and capability. All Chartered Insurers commit to the CII's Code of Ethics, reinforcing the highest standards of professional practice in their business dealings.

    Willis Management (Guernsey) Limited is one of the island's leading providers of insurance management and consulting services, delivering underwriting, accounting and compliance services and company secretarial expertise to clients' captives.

    Dominic Wheatley, Managing Director of Willis Management (Guernsey) Ltd, who holds the individual Chartered Insurer title, says that securing Chartered Insurers status is a landmark for the company. “We have always prided ourselves on being thoroughly professional in everything we do, and to receive external accreditation in this way is very gratifying. Chartered status signals our commitment to the highest levels of service and advice to our customers. It is also a clear endorsement of Willis' market-leading ethical standards, service quality and professionalism.”

    The Willis Global Captive Practice, of which Willis Management (Guernsey) Limited is a part, is a leading global captive manager servicing over 340 clients in all major domiciles, and providing consulting services to clients from around the world. In October last year, the broker set up Lime Street Insurance PCC Ltd -a Willis-owned and managed cell captive facility in Malta -that enables clients to insure their own risks throughout the European Economic Area.

    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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