Willis swoops for PI specialist Prime Professions

ots-national-insurance-income-merger

Willis has bought professional indemnity (PI) specialist Prime Professions.

Lloyds accredited Prime Professions is a privately-owned broker, with its headquarters based in London. It also has an office in Leeds and employs about 59 people. 

Its gross written premium is reported to be in the £75m to £100m bracket.

Speaking about the deal, Steve Hearn, Willis Group deputy CEO and chairman and CEO of Willis Global, said: "The acquisition of Prime Professions represents a big growth opportunity for Willis in the professional indemnity insurance space.

"Through organic

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

The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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: