Boost to Willis’ presence in Asia

Adam Garrard

Willis Group Holdings has today completed its acquisition of Elite Risk Services Limited in Taiwan, strengthening Willis’ proposition to larger accounts in the technology, media and telecoms (TMT) sector.

The deal will double the size of Willis’ business in Taiwan.

Willis Asia regional chief executive Adam Garrard said: “The completion of this acquisition creates a platform for growth in Taiwan and across the region, with a highly motivated, innovative, responsive and technically skilled workforce to service our clients and prospects.”

Elite Risk Services, founded in 2005, specialises in property damage, marine, TMT, product liability and executive risks.

Elite chairman and president Jason Huang said he was “delighted” that the deal had concluded, and added: “By combining the strengths of our two firms, we will be able to offer our clients additional expertise, experience and product knowledge.”