Willis North
America, a unit of Willis Group Holdings WSH, the global insurance
broker, today announced that it has entered into a definitive agreement to
acquire the assets of Avalon Actuarial Inc., a leading Canadian employee
benefits brokerage and actuarial consulting services firm.
Since 1990, Montreal-based Avalon Actuarial has been a leading provider of
innovative products and services focused on group insurance, retirement and
pension plans, and other risk management services for corporations and public
entities. Avalon Actuarial's 45 employees and leadership team will join Willis
North America's Canadian operations and continue to serve clients from its
existing offices in Montreal and Toronto. Willis Canada includes offices in
Toronto, Vancouver and Calgary and is supported by over 200 employees.
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