Willis Re Opens New Office in Toronto

Appoints Robert M. Wildbore as Office Head

LONDON--(BUSINESS WIRE)-- Willis Re, the reinsurance arm of Willis Group Holdings plc (NYSE: WSH), the global insurance broker, today announced the establishment of a new office in Toronto, Canada. The office will open September 1, 2010 and will complement Willis Group’s existing presence in Toronto. Willis also has offices in Montreal, Vancouver and Calgary.

With the opening of the Toronto office,Robert M. Wildbore, currently Executive Director at Willis Re, has been appointed Executive Vice President and head of the new office. He will relocate from London to Toronto. Wildbore most recently has been responsible for the Group’s reinsurance business in the English-speaking Caribbean, working closely with Willis Re’s Miami office, which he helped establish in 1994. He began his career at Willis in 1982, working in various leadership roles in reinsurance claims and accounting.

Toronto is fast becoming the hub of the Canadian insurance industry, which has shown steady growth in recent years.

Commenting on the new office, Peter Hearn, CEO, Willis Re, said, “Adding an office in Toronto will enable us to build on our success in Canada and offer an enhanced level of service to our current and future clients. Robert is ideally suited to lead the office thanks to his extensive experience advising our clients on the structuring and placement of their reinsurance protections.”

The new Willis Re office will be located at 145 King Street West, Suite 1200, Toronto, Ontario, M5H 1J8, Canada.

One of the world's leading reinsurance brokers, Willis Re is known for its world-class, applied Analytics capabilities, which it combines with its Capital Markets and Reinsurance expertise in a seamless, integrated offering that helps clients increase the value of their businesses. Willis Re serves the risk management and risk transfer needs of a diverse, global client base that includes all of the world's top insurance carriers. The broker's global team of experts offers services and advice that help clients make better reinsurance decisions, access worldwide capital markets and negotiate optimum terms.

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.

Willis Group Holdings plc
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Source: Willis Group Holdings plc