Willis Named ''European Commercial Broker'' for the Second Year in a Row!

LONDON -- Willis Group Holdings (NYSE:WSH), the global insurance broker, has been named the "2006 European Commercial Broker of the Year". This is the second consecutive year Willis has been honored with this distinction. Presented as part of the annual European Risk Management Awards conducted by StrategicRISK, the award is determined by the vote of over 4,000 risk and/or insurance managers or directors of multinational companies across 13 European countries.

Over 29 commercial brokers were nominated in the "2006 European Commercial Broker of the Year" category and were evaluated on who had delivered the best products and service during the year. Willis was selected for the prestigious award ahead of all others in the category after a complex voting process which involved online interviews in five languages with top Risk Managers in Belgium, Denmark, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.

The online reviews were conducted among European Risk Managers in order to canvass opinion on the performance of European Commercial Brokers. Risk Managers were asked to identify the broker(s) and the services provided to them. They were then asked to rate, from 1 to 10, the quality of the services provided by each broker according to certain criteria.

"The fact that this award is voted for on an independent basis by risk managers from 13 European countries makes it one of the industry's most prestigious accolades and Willis is proud to accept it for the second year in a row," said Joe Plumeri, Willis Chairman and Chief Executive Officer. "What makes this honor even greater is that it was bestowed upon us by the client community - who better to gauge the performance of the broking industry? Our total dedication to our clients through our Client Advocate model is clearly differentiating Willis in this competitive market."

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 15,400 associates serves clients in some 190 countries. Willis is publicly traded on the New York Stock Exchange under the symbol WSH. Additional information on Willis may be found on its web site: www.willis.com.

The annual European Risk Management Awards are run by StrategicRISK, the official journal of AIRMIC, the UK Association of Risk and Insurance Managers.