NU Online News Service, Jan. 25, 1:52 p.m. EST

In an effort to drive growth in the area, Willis Group Holdings says it has expanded and relocated its South Florida headquarters to Miami’s financial and downtown district.  

The global insurance broker whose operations have been growing in Florida and Latin America, established its presence in South Florida in 1967, maintaining an office in Coral Gables until last week. Willis says the move highlights its commitment to the South Florida community, allowing it to better serve its clients. 

Willis says the South Florida market offers significant opportunity for growth. According to recent data from The Washington Economics Group, Inc., Miami-Dade County is leading Florida in its economic recovery. Key sectors of the economy including tourism, international trade, health care services and private education, are expanding at an accelerated pace.

In addition, the global economies of the county’s key trading partners, including Latin America, Canada and Asia are growing at a solid pace and will continue to be an important source of economic strength. 

The new facility will serve as the South Florida Headquarters of Willis’ retail insurance brokerage operations, a business that serves more than 3,000 local clients, placing employee benefit programs for some of the largest firms in the area and arranging some of the most complex property insurance programs in the marketplace.  In addition, the location will function as the home to Willis Re Latin America and Willis SCR (Special Contingency Risks).

Willis also operates satellite offices in Fort Lauderdale and West Palm Beach to serve South Florida.