Willis opens representative office in Myanmar

Willis Group Holdings plc has opened a representative office in Yangon in Myanmar, which will support the organisation’s multinational and Asian client base.

The move comes as a result of political and economic reforms in Myanmar which have fuelled a rise in demand for risk services and products, particularly in the infrastructure, construction, transportation, telecoms and energy sectors.

Adam Garrard, CEO, Willis Asia, said: “We have seen a growing wave of interest in Myanmar and this is an exciting time to be opening our doors in Yangon. It is a fascinating country with deep natural resources and a large and youthful population.

“Myanmar’s insurance industry is at a relatively early stage in its development, and we are proud to be the first of the larger global brokers with an office there. We hope Willis’s global expertise and experience will help in the development of a strong insurance industry.”