Plumeri Attacks 'Terrorists' In Insurance

Ruquet, Mark E.
August 2005
National Underwriter / P&C;8/8/2005, Vol. 109 Issue 30, p8
The article presents information on the perception of Joe Plumeri, chairman and chief executive officer of Willis Group Holdings Ltd., regarding threats to insurance business. He says that the insurance business is under attack from "terrorists" in the industry who engage in irrational pricing and personnel raids to poach talent. He continues that there are some people out there who represent insurance terrorists. They are doing things that people believe are a little bit irrational, and they are not going to change the way of life because people are building something for the long term.


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