Bloomberg News

Willis to Buy Avalon to Expand Broker’s Business in Canada

November 29, 2012

Willis Group Holdings Plc (WSH:US), the third-largest insurance broker, agreed to buy Avalon Actuarial Inc. to expand in Canada.

Avalon’s Jean-Robert Elie will serve as the buyer’s executive vice president and Canadian human capital practice leader after the deal is completed, London-based Willis said today in a Globe Newswire statement that didn’t disclose terms.

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net


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Companies Mentioned

  • WSH
    (Willis Group Holdings PLC)
    • $44.69 USD
    • 0.06
    • 0.13%
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