NEW YORK, June 01, 2015 (GLOBE NEWSWIRE) -- Willis North America, a unit of Willis Group Holdings plc (NYSE:WSH), the global risk advisory, re/insurance broking, and human capital and benefits firm, today announced the acquisition of Evolution Benefits Consulting, a Malvern, PA.-based strategic health and welfare benefit advisory firm.
Founded in 2001, Evolution Benefits Consulting specializes in providing cost-effective, strategic health and welfare benefit advisory services to employers across various segments including education, government, health care, financial services, manufacturing and religious organizations. As part of the transaction, Evolution Benefits Consulting will merge its operations with Willis of Pennsylvania, Inc. and serve clients under the Willis brand. All of the firm’s employees including principal owners Jim DiGuiseppe, Michael Lilley and David Chisholm will join Willis.
Commenting on the acquisition, Jim Blaney, CEO, Willis Human Capital Practice said, “We’re thrilled to have the team from Evolution join our Human Capital Practice. They have a fantastic reputation that complements our strong brand. This acquisition supports our investment in the human capital space where we are committed to delivering industry-leading and specialized capabilities and consulting.”
Doug Pera, National Partner for Willis North America’s Atlantic Region said, “We‘re excited to expand our footprint in the human capital space in Pennsylvania and build on the proven success of our Human Capital team. This talented team brings its highly specialized expertise at a time when we see the demand for strategic benefit consulting continue to grow.”
David Chisholm, Principal of Evolution Benefits Consulting said, “On behalf of the Principals and staff of Evolution Benefits Consulting, we are ecstatic to join forces with Willis, a recognized leader in the human capital space. The opportunity to more broadly distribute our capabilities, while expanding our services to clients through Willis’s global platform, make this a winning combination.”
Terms of the transaction were not disclosed.
Willis Group Holdings plc is a leading global risk advisory, re/insurance broking, and human capital and benefits firm. 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.
Source:Willis Group Holdings