Willis Mexico acquires Carsa

PUBLISHED: 07 Apr 2015 @ 21:30 | Comments (0) |

What next for Willis?

Willis Group Holdings plc (NYSE:WSH), the global risk adviser, insurance and reinsurance broker, announced today it has acquired Carsa Consultores, a leading broker in Mexico.

The move strengthens and supports Willis Mexico’s existing business, while also expanding its overall footprint, especially in the northwest region of Mexico, creating a new combined network of nine offices nationally.

The Carsa team of 84 associates will bring new expertise to Willis Mexico in a number of areas, including actuarial services and affinity programs.

Luis Maurette, Regional CEO of Willis Latin America, said:

“Mexico is a key part of our regional growth strategy and our investment there reflects our confidence in the country’s potential. Carsa has a strong reputation in the Mexican market, with a culture and professional approach that aligns closely with Willis’s own values-based approach to client service. It is a pleasure to welcome their talented team to Willis.”

Hilaire Damiron, CEO of Willis Mexico, said:

“Carsa has an extraordinary track record of offering a high-quality, custom-made service that we will merge into our value proposition and deliver to clients. We believe this acquisition represents an opportunity for significant future growth in Mexico as we deliver the full range of Willis’s capabilities and risk expertise to our clients.”

Jose Ruiz Torres, CEO of Carsa, said:

“The Mexican market recognises the global reach of Willis and its outstanding achievements in the Mexican market in recent years. It is great news for our team and our clients. Carsa has been characterized since its foundation 25 years ago by the personalization of its servicing and we will continue doing so, with the added value of Willis resources. Carsa is proud of its heritage and success, and is looking forward to growing further with Willis.”

Willis expects to migrate to a single Willis brand in Mexico over time. In Guadalajara, where Carsa is currently headquartered, Willis associates will relocate to Carsa’s offices. In Mexico City, the existing Willis office will become the new home for Carsa’s actuarial and government specialties teams.

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