BRITISH INSURANCE BROKER TO MEDIATE FOR STATE TRANSPORT FIRMS

Business | February 4, 2002, Monday // 00:00

British company Willis Group Holdings Ltd., the world’s N 3 insurance broker, enjoys the highest chances of being selected as intermediary between Bulgarian insurers and state-owned transport companies, Dnevnik Daily reported, citing insiders. Transport Minister Plamen Petrov announced last week that Bulgaria will hire an international insurance broker that would mediate in insurance deals, starting 2003. The move aims to stop leaking funds from state transport companies and reduce insurance premiums. Willis specializes in buying insurance for large companies.
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