Willis Expands South Florida Operations
Relocation to Support Growth in Key Market
Willis Chief Joe Plumeri to Host Grand Opening January 30
MIAMI, January 25, 2012 - Willis Group Holdings (NYSE: WSH), the global insurance broker whose operations have
been growing in Florida and Latin America, today announced the expansion and relocation of its South
Florida headquarters to 1450 Brickell Avenue, Miami. The move is part of Willis’ strategy to
elevate its presence in the state and region and drive growth in this key market.
Willis is a leading insurance broker that provides employee benefit and risk management solutions across a wide
range of industries. Willis has deep roots in South Florida, having established a presence in1967
and, until this week, maintained its office in Coral Gables. For its new headquarters, Willis has
signed a 10-year lease with Rilea Group to occupy 19,000 square feet at 1450 Brickell Avenue,
a highly visible property in the heart of Miami’s financial and downtown district. This move further
highlights Willis’ commitment to the South Florida community and will enable Willis to better serve its
clients via its local service delivery model.
The South Florida market offers significant opportunity for Willis growth. According to recent data from The Washington
Economics Group, Inc., Miami-Dade County is leading Florida in its economic recovery. Key sectors of the
economy including tourism, international trade, health care services and private education are expanding at an accelerated
pace. In addition, the global economies of the county’s key trading partners, including Latin America, Canada
and Asia are growing at a solid pace and will continue to be an important source
of economic strength.
The new facility will serve as the South Florida Headquarters of Willis’ retail insurance brokerage operations, a
business that serves more than 3,000 local clients, placing employee benefit programs for some of the
largest firms in the area and arranging some of the most complex property insurance programs in
the marketplace. In addition, the new location will function as the home to Willis Re
Latin America and Willis SCR (Special Contingency Risks). Willis also operates satellite offices in Fort Lauderdale
and West Palm Beach to serve South Florida.
Commenting on the relocation, Willis Chief Joe Plumeri said, “We are thrilled to be expanding our footprint
in South Florida. This flagship location will enable us to seamlessly deliver Willis’ powerful global resources
to local clients from one location. As Miami-area businesses grow with the global economy and confront
an increasingly complex risk and liability landscape, there is strong demand for a global insurance broker
to meet their insurance and risk management needs.”
MEDIA EVENT: Willis Group Chairman and CEO Joe Plumeri, Wayne Herrington, National Partner of Willis’ South Region
and Hiram Marrero, Managing Partner, Willis of South Florida will host an Open House January 30,
2012 from 5:30-7:30 p.m., 1450 Brickell Avenue. City officials and local business leaders will meet
with Willis’ Miami office Associates and clients. Interested Media should contact Colleen McCarthy.
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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