Willis Group Holdings has announced that its Isle of Man based subsidiary, Willis Management, has been appointed as the insurance manager for Merrill Lynch Insurance PCC Limited.

It said this was the first protected cell company (PCC) authorised on the island.

Willis Captives Practice leader, Malcolm Cutts-Watson, said the new PCC would enable the Isle of Man to compete on the international stage.

He said: “We see many exciting applications of this facility.”

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.