Willis' takeover of Miller confirmed
Deal will see selected broking activities transfer between the two firms.
Willis Group has bought 85% of Miller Insurance Services for an undisclosed sum. Partners in Miller have retained the remaining 15%.
The deal, first announced last October, sees the two firms joining forces to form a new wholesale specialist broking firm.
It will combine both firms' wholesale and specialty businesses and trade under the Miller brand while being managed, governed and regulated as a standalone legal entity and separate Lloyd's broker.
The firms said the new entity will combine
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