Willis to Present at ABA Insurance Risk Management Annual Forum
Financial Institutions Confronting Vast Regulatory Changes as Dodd-Frank
Act is Implemented
MIAMI, January 18, 2012 – Willis North America, a unit of Willis Group Holdings plc
(NYSE: WSH), the global insurance broker announced today that experts from its
Financial Institutions practice will present at the American Bankers Association (ABA)
Insurance Risk Management Annual Forum at the Loews Miami Beach Hotel
January 22 – 25, 2012.
This industry leading educational and networking event convenes the top financial
institution risk managers from the ABA, along with insurance and legal experts to
address the most pressing issues facing financial institutions today. This year’s theme
Black Swans: Your New Normal? will focus on addressing real life solutions for both
complex and still unknown risk management challenges.
Willis experts will lead a variety of educational sessions including:
- Cyber 101: Cyber liability is an evolving exposure for Financial Institutions as
well as an evolving insurance product. New exposures stem from social media,
increased insider threats and mobile banking, while merger and acquisition
activity increase the movement of confidential information, databases and
systems. Peter Foster, Senior Vice President, Network Security & Privacy,
Media, Tech Professional and Intellectual Property National Resource, Willis
North America will join a panel of experts to share strategies for addressing the
many risks associated with cyber, coverage solutions, and policy structure.
-
Insurance Industry Roundtable: This session features a discussion on the
insurance industry over the next several years, looking at the new business
models and competitors that may emerge as a result of the post financial crisis’
“new normal.” Michael White, Senior Vice President, Executive Risks Financial
Services Industry Leader, Willis North America, joins an expert panel.
Commenting on the event, Richard Magrann-Wells, Senior Vice President,
Financial Services Practice Leader, Willis North America said “This conference comes at
a critical time as financial institutions navigate new risks associated with a new
regulatory landscape. Financial institutions are confronting dramatic changes as the
Dodd-Frank Act is implemented. Compliance with these regulatory reforms requires
effective and innovative risk management strategies. Willis is a leader in the Financial
Institution space and proud to be part of this experience.”
Over 25 Willis Financial Institution experts are participating in the ABA Insurance Risk
Management Annual Forum. Willis will host a reception and dinner during the
conference. Additional information will be available at the Willis table in the exhibit hall
or at http://www.aba.com/Events/IRM2012Schedule.htm.
ABOUT WILLIS
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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