Willis set to make redundancies, according to market sources

willis-head-office

Willis has started another round of redundancies, Insurance Age's sister title Reinsurance has learnt.

Some cuts have already been made in the broker's casualty unit, market sources have said, and cuts are expected across the board as the broker attempts to trim costs.

Willis did not comment on how many people were being made redundant in the first three months of the year.

Willis has traditionally outlined how many redundancies there were in its quarterly statements to the market but said that 2008 and 2009 levels of staffing remained broadly similar.

A spokesman said: "Willis continuously

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Brokers upbeat on 2024 growth – Aviva

Brokers are more optimistic about growth in the coming year than they have been since before 2020, according to Aviva, with 83% expecting their business to grow compared to 76% last year.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: