Willis Mexico Celebrates Expansion Through Acquisition of Carsa
April 07 2015 - 11:02AM
Willis Group Holdings plc (NYSE:WSH), the global risk adviser,
insurance and reinsurance broker, announced today it has acquired
Carsa Consultores, a leading broker in Mexico.
The move strengthens and supports Willis Mexico's existing
business, while also expanding its overall footprint, especially in
the northwest region of Mexico, creating a new combined network of
nine offices nationally.
The Carsa team of 84 associates will bring new expertise to
Willis Mexico in a number of areas, including actuarial services
and affinity programs.
Luis Maurette, Regional CEO of Willis Latin
America, said:
"Mexico is a key part of our regional growth strategy and our
investment there reflects our confidence in the country's
potential. Carsa has a strong reputation in the Mexican market,
with a culture and professional approach that aligns closely with
Willis's own values-based approach to client service. It is a
pleasure to welcome their talented team to Willis."
Hilaire Damiron, CEO of Willis Mexico,
said:
"Carsa has an extraordinary track record of offering a
high-quality, custom-made service that we will merge into our value
proposition and deliver to clients. We believe this acquisition
represents an opportunity for significant future growth in Mexico
as we deliver the full range of Willis's capabilities and risk
expertise to our clients."
Jose Ruiz Torres, CEO of Carsa, said:
"The Mexican market recognises the global reach of Willis and
its outstanding achievements in the Mexican market in recent years.
It is great news for our team and our clients. Carsa has been
characterized since its foundation 25 years ago by the
personalization of its servicing and we will continue doing so,
with the added value of Willis resources. Carsa is proud of its
heritage and success, and is looking forward to growing further
with Willis."
Willis expects to migrate to a single Willis brand in Mexico
over time. In Guadalajara, where Carsa is currently headquartered,
Willis associates will relocate to Carsa's offices. In Mexico City,
the existing Willis office will become the new home for Carsa's
actuarial and government specialties teams.
The terms of the transaction were not disclosed.
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.
About Carsa
Carsa is an insurance broker, risk consultant, actuarial
consultant and specialist in Public RFP, and the leader in the
Mexican Market. Founded in 1991, the operation of Carsa has
expanded in the north west region of the Mexican Republic, and is
delivering its services among its four regional offices in the
country in addition to its Mexico City branch. Carsa is well-known
in the Mexican market for its innovation, professionalism and
customer orientation toward excellence in servicing its
clients.
CONTACT: Media:
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Email: Paul.Platt@willis.com
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Email: Peter.Poillon@willis.com