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Willis Boosts Global Construction Capabilities With Key Surety Appointment

NEW YORK, Sept. 15, 2014 (GLOBE NEWSWIRE) -- Willis Group Holdings plc (NYSE:WSH), the global risk advisor, insurance and reinsurance broker, today announced the appointment of Scott Hull as Executive Vice President and Head of Surety. Mr. Hull has deep experience in the industry and previously served as Managing Director and US Contract Surety Practice Leader for Marsh USA.

In this role, Mr. Hull will be responsible for directing Surety operations across Willis' platform, helping Willis to continue to be a leading broker of contract and commercial surety business for all industries. Building on the success of Willis' Surety business in North America, he will focus on expanding Willis' surety capabilities globally, strengthening its global surety platform and aligning resources to deliver industry leading solutions and services to Willis clients across all geographies.

Willis is a leading provider of insurance, surety and risk management services to the construction industry and has made a deep commitment to this industry by serving contractors, owners, construction professionals and design firms. Late last year Willis announced the creation of five new industry groups – Construction, Financial Services, Natural Resources, Transportation and Technology, Media and Telecommunications. In this context, Willis' Global Construction Industry focuses on the unique needs of clients within the sector, while providing them access to the full range of insurance products and risk management services that define Willis as the analytical broker. Mr. Hull will work closely with this industry group and report to Bill Creedon, Global Head of Construction for Willis.

Based in Birmingham, Alabama, Mr. Hull has more than 22 years' experience in the insurance brokerage and construction industry. Prior to Marsh, he was a senior vice president with Willis' Construction Practice in Alabama.

Commenting on the appointment, Mr. Creedon said, "We are thrilled to welcome Scott back to Willis and look forward to focusing our efforts in order to further expand our industry leading platform of surety capabilities. Scott's strong track record of success combined with his deep expertise will help us meet the increasingly complex needs of our construction and commercial clients."

Scott Hull said, "In many geographies, the economic conditions continue to strengthen and provide greater momentum for the rebounding construction industry, driven primarily by larger scale projects with elaborate financing structures. As the scope and complexity of construction projects continue to evolve, contractors, owners and investors are demanding sophisticated solutions, and in many cases, contract and commercial surety bonds are critically important to the success of these projects. Willis stands ready to deliver innovative risk management strategies and surety solutions so that our clients have the greatest opportunity for success."

About Willis

Willis Group Holdings plc is a leading global risk adviser, insurance and reinsurance broker. With roots dating to 1828, Willis operates today on every continent with more than 18,000 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: Colleen McCarthy +1 212 915-8307 colleen.mccarthy@willis.com Investors: Peter Poillon +1 212-915-8084 peter.poillon@willis.comSource:Willis Group Holdings