Willis acquires online SME broker
Willis Group Holdings (NYSE:WSH), the global insurance broker, has acquired Chicago-based InsuranceNoodle, an internet distributor of U.S. small business insurance.
Joe Plumeri, chairman and CEO at Willis, said: "We are very excited about this acquisition. Small business is a big business growth opportunity for Wllis.
"InsuranceNoodle, with its state-of-the-art internet technology and strong relationships with insurance carriers and agents across the country, will offer us a greatly improved, lower-cost way to reach and service this key market in the U.S," he added.
InsuranceNoodle will provide Willis with the following services:
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