WTW acquires California-based trade credit insurer CFS

Encore Capital Group, Inc.
Dow Jones Industrial Average
S&P 500 index
NASDAQ

Encore Capital Group, Inc.

ECPG

0.00

Dow Jones Industrial Average

DJI

0.00

S&P 500 index

SPX

0.00

NASDAQ

IXIC

0.00

By Mia MacGregor

May 2 - (The Insurer) - Willis has acquired specialty credit insurance brokerage CFS International, based in Irvine, California.

Founded in 1990, CFS specializes in trade credit insurance solutions for global firms.

“Bringing CFS into WTW further demonstrates our commitment to building the leading trade credit platform in North America,” said Todd Lynady, regional head of Willis Financial Solutions.

CFS president Ralph Clumeck will step away from the business.

In April, Willis announced that it had acquired Michigan-based trade credit and political risk broker Global Commercial Credit LLC.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.