As part of its ongoing plans to bolster its presence in the French market, global advisory, broking and solutions firm Willis Towers Watson has announced the acquisition of risk adviser and insurance broker Dero Courtage. The specific terms of the acquisition have not been disclosed.
Headquartered in Le Havre, Dero Courtage is an insurance broker with over eight decades’ experience; it will now operate under Gras Savoye Willis Towers Watson France, Willis Towers Watson’s French business umbrella. Christophe Dero, CEO of Dero Courtage, will stay on as Managing Director of the new business unit, supported by the existing Le Havre-based teams, who will remain the primary points of contact for Dero Courtage’s ongoing clients.
“Joining such a prominent French risk adviser enables us to benefit from the full strength of Willis Towers Watson, and the wide range of solutions they offer, including human capital management,” commented Dero. “It will allow us to consolidate and expand our ability to support our clients in their development and their access to new markets, especially in international business.”