WILLIS Italy, part of international insurance broker Willis Group Holdings, which a major office in Ipswich, has expanded with the acquisition of Broking Italia, for an undisclosed sum.
The Rome-based business, currently headed by founders Gianfranco Agostini and Daniela Andreussi, specialises in employee benefits and is a leader in supplementary pension programmes.
Willis is already a leading insurance broker in Italy where it has eight offices, specialising in insurance brokerage for the full spectrum of commerce and industry.
Guido De Spirt, co-chief executive of Willis Italy, said: “Broking Italia’s extensive experience in employee benefits and private pension funds will allow us to further strengthen our position in these areas, which are flagship businesses of Willis Group globally.
“We have been growing both offerings around the world by investing in human resources and the development of innovative products.”
Fellow co-chief executive Walter Albini added: “The acquisition of Broking Italia is pivotal to strengthening our presence in Rome, where, as a result of this deal, we will now have a total of 60 professionals.”
Gianfranco Agostini will join the Willis Italy board of directors as deputy chairman and, together with Daniela Andreussi, will continue coordinating the activities of Broking Italia while developing sales strategies with Willis Italy.
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