LONDON, Jan. 27, 2014 (GLOBE NEWSWIRE) -- Willis Group Holdings (NYSE:WSH), the global risk adviser, insurance and reinsurance broker, has announced that its US facultative arm, Willis Facultative North America, has joined together with its global facultative operation, Faber Global.
The addition of Willis Facultative North America to the Faber Global team will link expertise in the United States with that of its global operations for the benefit of all their respective clients.
Alf Garner, CEO of Faber Global North America, commented: "Bringing together our teams will provide our North American clients with access to a broader depth of analytical and broking resources to provide solutions to the product, industry and geographical issues that they face on a daily basis."
Jason Howard, CEO of Faber Global, said: "The global nature of our clients means they require access to global expertise, wherever they are based in the world. By joining these two operations together we are making it easier for our teams to deliver the very best of Faber Global to our clients anywhere in the world."
Willis Group Holdings plc is a leading global risk advisor, insurance and reinsurance broker. With roots dating to 1828, Willis operates today on every continent with more than 17,500 employees in over 400 offices. Willis offers its clients superior expertise, teamwork, innovation and market-leading products and professional services in risk management and transfer. Our experts rank among the world's leading authorities on analytics, modelling and mitigation strategies at the intersection of global commerce and extreme events. Find more information at our website, www.willis.com, our leadership journal, Resilience, or our up-to-the-minute blog on breaking news, WillisWire. Across geographies, industries and specialisms, Willis provides its local and multinational clients with resilience for a risky world. Willis Global Wealth Solutions was established in 2012 and has operations in Hong Kong, Singapore and Zurich.
About Faber Global
Faber Global is a broker with a global footprint and over 250 associates. Headquartered in London, Faber handles wholesale insurance and facultative reinsurance risks emanating from large corporate entities, insurers and independent brokers in all classes of business, including key specialisms in Property, Casualty, Accident & Health and Cargo. Faber Global is a trading division of the Willis Group. For more information, visit www.faberglobal.com.
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Source: Willis Group Holdings