Willis Expands Global Wealth Solutions Business in Asia

HONG KONG, Oct. 22, 2013 (GLOBE NEWSWIRE) -- Willis Group Holdings (NYSE:WSH), the global risk adviser, insurance and reinsurance broker, is expanding its Global Wealth Solutions practice in Hong Kong with the appointment of Ivy Suen as Managing Director and Head of Sales, North Asia in November 2013. In this new role, Suen reports to Yves Guélat, CEO Global Wealth Solutions.

Suen joins Willis from wealth solutions firm International Planning Group where she has spent eight years as Senior Vice President serving ultra-high net worth clients and developing and managing commercial relationships and sales channels. Prior to that, she held senior business development roles with HSBC and Royal Bank of Canada in Hong Kong.

Suen's appointment further strengthens Willis's fast-growing Global Wealth Solutions team in Asia, which delivers broking and management services to high-net-worth individuals in the region. The unit's initial focus is universal life insurance solutions with plans to roll out a full suite of non-life insurance and wealth management products in the future.

Commenting on the appointment, Adam Garrard, Willis Asia CEO, said: "We are delighted to have Ivy joining the team in Hong Kong. Her skills, experience and network will be an invaluable asset in our ambitious plans for growth in Asia. Since establishing our Global Wealth Solutions practice 18 months ago, our team has grown significantly and we will continue on that growth path as we roll out a full range of products to help high-net-worth individuals manage and protect their wealth."

Since its establishment in 2012, Willis Global Wealth Solutions has set up operations in Hong Kong, Singapore and Zurich. Willis Group has been operating in Hong Kong and Singapore for more than 30 years and now has a combined team of more than 800 insurance and risk professionals in the region.

About Willis

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 17,000 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.

CONTACT: Media: Sarah Robson +852 2830 6616 Email: sarah.robson@willis.com Investors: Peter Poillon +1 212 915 8084 Email: Peter.Poillon@willis.comSource:Willis Group Holdings