|[December 03, 2012]
Willis and Hay Group Announce Mutual Referral Agreement
NEW YORK & PHILADELPHIA --(Business Wire)--
Group Holdings (NYSE: WSH), the global insurance broker and Hay
Group, an international management consultancy, announced today the
signing of a mutual referral agreement to strengthen their respective
Chris R. Matthews - Chairman and CEO of Hay Group (Photo: Business Wire)
Under this agreement, Willis Global Solutions (Employee Benefits) may
refer its clients to Hay Group for management and human resources
consulting services and Hay Group may refer its clients to Willis for
employee benefits consulting and brokerage services.
Entering into this formal referral relationship will ensure that clients
from both companies can benefit from the combined strengths of Willis
and Hay Group.
Willis Global Solutions (Employee Benefits) provides global employee
benefits consulting and brokerage services for multinational clients and
is supported by its network operating in approximately 120 countries.
Willis supports organizations worldwide in establishing a sound global
governance and beefit strategy via plan design, funding,
administration, and program management.
The consultants of Hay Group are experts in management, HR and reward
topics and a leader in cash and total rewards consulting and data. They
also have a global presence with 84 offices in 48 countries and have a
strong presence with multinational clients in Europe and emerging
Chris Matthews, CEO of Hay Group, commented, "Hay Group serves many of
the world's leading global and national companies. Our clients are
increasingly concerned about the total costs of their pay bills, and how
to provide the greatest value for their employees at least cost."
"They also increasingly want to look at all aspects of compensation
together - salaries, bonus, benefits, and pensions - rather than in
isolated silos, and they want to do this across all markets in which
they operate. This agreement increases our ability to serve and add
value to our clients in all markets. We are very pleased to be teaming
up with one of the world's leading employee benefits consulting and
Joe Plumeri, Chairman and CEO of Willis Group Holdings, said "We are
thrilled to join forces with Hay Group and strengthen our global
employee benefits platform. Hay Group's experience and expertise in the
HR consulting arena will enable us to expand our service offering to our
existing clients and prospects and further enhance our value
"Together, we are committed to helping firms develop effective HR
management strategies to maximize their employee benefits and total
rewards offerings for their employees."
Willis Group Holdings plc is a leading global insurance broker. Through
its subsidiaries, Willis develops and delivers professional insurance,
reinsurance, risk management, financial and human resource consulting
and actuarial services to corporations, public entities and institutions
around the world. Willis has more than 400 offices in nearly 120
countries, with a global team of approximately 17,000 employees serving
clients in virtually every part of the world. Additional information on
Willis may be found at www.willis.com.
About Hay Group
Hay Group is a global management consulting firm that works with leaders
to transform strategy into reality. We develop talent, organize people
to be more effective and motivate them to perform at their best. Our
focus is on making change happen and helping people and organizations
realize their potential.
We have over 2600 employees working in 84 offices in 48 countries. Our
insight is supported by robust data from over 125 countries. Our clients
are from the private, public and not-for-profit sectors, across every
major industry. For more information please contact your local office
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20121203006364/en/
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