New York, NY — Willis Group Holdings (NYSE: WSH), the global insurance broker, and Highline Data LLC, a provider of insurance and banking financial data, have teamed up to develop and distribute analytical reports on insurance entities. These reports will provide users with details on historical financial performance including reinsurance transactional information. All new and existing customers of Highline’s Insurance Analyst Pro, Property and Casualty edition will receive these reports on or about August 19, 2005. Samples of the reports are available at the following website address: http://www.highlinedata.com/willis_reports.
Commenting on the partnership, Peter Hearn, Chief Executive Officer of Willis Re US, said, “This partnership combines Highline’s proficiency in collecting data and distributing innovative software with our expertise in analyzing financial information and creating meaningful reports. These reports will provide customers with useful information to properly assess the historical financial performance of insurance entities.”
F. Reilly Cobb, Managing Director of Highline Data, said, “I think Willis has demonstrated real industry leadership with this contribution. We are honored that they wanted to work with Highline to share their analysis. These models, which improve financial transparency, are welcomed customer driven additions to the Highline Data product line.”
Willis Group Holdings Limited is a leading global insurance broker, developing and delivering professional insurance, reinsurance, risk management, financial and human resource consulting and actuarial services to corporations, public entities and institutions around the world. With over 300 offices in more than 80 countries, its global team of 15,800 associates serves clients in some 180 countries. Additional information on Willis may be found on its web site: http://www.willis.com.
About Highline Data
Highline Data, headquartered in Cambridge, Massachusetts, is the industry leader in insurance, banking and financial databases. Users evaluate not only the current financial health of these industries, but more importantly, their future performance. The tools are also used to price investments and consider merger and acquisition candidates. For more information, visit http://www.highlinedata.com.