Willis confirms insurer backing for Global 360
Willis has unveiled the first set of insurers to have given their backing to its new Global 360 offering.
The venture looks to provide a suite of capacity facilities for the broker's speciality insurance clients.
It is hoped that it will lead to faster placement and claims agreement for Willis' clients, as well as promote greater price competition in the speciality insurance market.
The insurers are Hiscox, People's Insurance Company of China and Berkshire Hathaway. Willis added that it is in "on-going discussions" with other Lloyd's syndicates.
Global 360 will aim to function as a set of seven
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