Willis and Miller in exclusive takeover talks
Willis to work with Miller Insurance Services to develop London-based wholesale specialist broker.
Willis Group Holdings is set to team up with Miller Insurance Services to create a London-based wholesale specialist broking firm.
The companies announced they have entered exclusive talks to create the business and said the proposed transaction will combine their wholesale businesses to trade under the Miller brand, governed and regulated as a standalone legal entity and separate Lloyd's broker.
Transfer
Wholesale activities encompassing a series of units will transfer from Willis to Miller
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