Willis Group Holdings said its Willis AG Swiss branch hasacquired Burkart Risk Consulting & Partner AG (BRP). Monetaryterms of the transaction were not released.

The London-headquartered firm called the acquisition a move thatunderscores a “commitment to achieve a leadership position inSwitzerland.”

Willis said BRP that was established in 1986 as an independentconsulting company will be integrated into Willis' Swiss operationswith its 10 associates and increase the personnel strength to over55.

“BRP has an excellent reputation for client service and agrowing presence in the middle market which offers us anopportunity to expand in that segment,” said Yves Gu?lat, chiefexecutive officer of Willis AG in a statement.

“This all makes for a good strategic fit with Willis AG.Together we will continue to deploy our policy of transparency andcost leadership, providing our clients with outstanding localservice and access to the group's global resources,” said Mr.Gu?lat.

Willis AG's management is now comprised of Mr. Gu?lat, Peter S.Philipp, deputy CEO, Werner L?thi, chief financial officer andAndreas Burkart, previously General Manager at BRP. BRP's J?rgAmrein and Felix Kn?pfel will also join the extended managementteam.