Overview
Willis Group Holdings plc was a multinational risk advisor, insurance brokerage and reinsurance brokerage company with its headquarters in the Willis Building in London until its merger of equals with financial services company Towers Watson in 2016. It was the world's third-largest insurance broker when measured by revenues. Willis has around 400 offices in 120 countries and approximately 18,000 employees.
Willis was previously listed on the New York Stock Exchange before its early-2016 'merger of equals' with Towers Watson. After the deal closed, the combined company began trading on the Nasdaq exchange under the symbol, WLTW (Nasdaq: WLTW).
History
The company was founded by Henry Willis in London in 1828, and initially operated as Henry Willis & Co. In 1898 it merged with Faber Brothers (founded in 1886) to form Willis Faber, and then in 1928 it merged with Dumas & Wylie (founded in 1843) to create Willis, Faber & Dumas. It was first listed on the London Stock Exchange in 1976 as Willis Faber.
From Wikipedia (CC BY-SA 4.0).