Willis Global Captive Practice to Participate in Vermont Captive Insurance Assn. Annual Conference
Willis Senior Management Demonstrates Strong Support of Captive Industry
NEW YORK, August 1, 2011 – Willis Group Holdings (NYSE: WSH), the global insurance broker, announced today
that Martin Sullivan, Chairman and CEO, Willis Global Solutions will join its Global Captive Practice team
at the Vermont Captive Insurance Assn.’s Annual Conference (VCIA) in Burlington, Vermont August 9 -11, 2011.
Mr. Sullivan’s participation marks the third consecutive year a top member of Willis’ senior management team has
travelled to Vermont to host clients and colleagues at this significant event. “In this way, Willis
demonstrates its commitment to the captive and alternative risk industry, and its commitment to Willis’ Global
Captive Practice,” said Les Boughner, EVP & Managing Director - Americas, Willis Global Captive Practice. Willis’
delegation at this year’s conference consists of a team of 25 captive experts with specialties spanning
captive management, consulting, program design and alternative risk specializations.
Willis has deep roots in Vermont and a strong commitment to VCIA. “While Vermont continues to be
the largest captive domicile in North America, the VCIA conference has become the premier captive industry
event attracting captive owners, regulators, service providers and industry experts from throughout North America and other
domiciles across the world. Willis is proud to be a part of this experience,” Mr. Boughner
Mr. Sullivan will also host Willis’ annual client dinner August 10 at the Echo Lake Aquarium and
Science Center in Burlington.
In addition, as part of a new educational offering at the conference, Anne Marie Towle, Vice President
and Senior Consultant, Willis Global Captive Practice, will join a panel of experts to present Captive
Board Member Boot Camp –The Evolution of Boards Part 1 and 2, Tuesday, August 9. This
two-part session will help attendees hone skills in decision making, understanding corporate governance, succession planning, board
financing, and board evaluation.
Willis is currently seeing strong interest in new captive formations, and expects a further uptick in activity
as firms begin preparing for a possible firming in market conditions. Willis’ Global Captive practice continues
to experience strong growth in captive formations, licensing eight new captives year to date in 2011,
three of which are domiciled in Vermont. In addition, CICR, a leading captive industry publication reported
in its June 2011 issue that Willis is the only major global captive manager who experienced
growth in 2010.
The Willis Global Captive Practice is a leading captive manager servicing over 350 clients in 24 major
domiciles, and providing captive consulting services to clients from around the world. Additional information will be
available at the Willis booth in the exhibit hall.
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
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