Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon Reverses Salary Cuts Implemented in May for Most Employees
Jun 30 2020 // Aon will end the salary cuts implemented in May as a response to the economic uncertainties caused by the COVID-19 pandemic. Effective July 1, Aon will end the salary cuts and repay colleagues for the lower pay, although a...
U.S. Economic Losses from Severe Weather During May Topped $4 Billion: Aon
Jun 24 2020 // Severe weather outbreaks across the United States, with a lot of hailstorm damage, resulted in another costly month for insurers as a significant proportion of the US$4 billion economic cost was covered by insurance,...
Fidelis, Aon and Marsh Develop Marine Cargo Clause Aiming to Combat Modern Slavery
Jun 22 2020 // A group of brokers and insurers in the London market has come together to announce a new approach to keeping the products of modern slavery out of the export supply chain. Fidelis, Aon and Marsh have developed a clause...
Aon’s Seyfried Joins AXIS Cyber Insurance Leadership in U.S.
Jun 16 2020 // Specialty insurer AXIS Insurance reported it has hired Eric Seyfried as Head of Cyber U.S. Open Market. In this new role, Seyfried will help implement the U.S. strategy for AXIS Insurance’s global cyber and...
Charles Taylor Taps Former AXA Executive Brown as Group CEO
Jun 16 2020 // Charles Taylor, the London-based provider of services and technology solutions to the global insurance market, has appointed Rob Brown as group chief executive officer. With more than three decades of industry experience,...
Aon Expands Cyber Risk Assessment to Address Exposures of Remote Work
Jun 16 2020 // Aon has expanded the scope of CyQu Enterprise, a cyber risk assessment methodology, to help analyze the cyber security impacts of recent network access or policy changes businesses have made to accommodate the increase in...
Aon Spearheads Economic Recovery Coalition in Chicago with Hopes of Taking It Global
Jun 15 2020 // Insurance broker and professional services firm Aon announced the formation of a coalition of other insurers, companies and organizations in the Chicago area to help advance economic recovery in the wake of the COVID-19...
People & Places
Jun 15 2020 // National Everest Insurance announced changes to the Commercial Casualty leadership team. Four underwriters across the country have been appointed leaders for the Northeast, South, Midwest and Southwest regions. Frank Engle...
Willis Towers Watson Faces Shareholder Lawsuits in U.S. Over Sale to Aon
Jun 8 2020 // There have been at least three shareholder lawsuits filed over the mega-deal that would have insurance broker Aon acquire rival Willis Towers Watson. The suits allege that Willis and its directors breached their fiduciary...
Diverging Views: Is COVID a One-Off Catastrophe or Not?
Jun 5 2020 // While reinsurers are “open for business” and insurers and reinsurers are reporting the impacts of COVID-19 as a one-off catastrophe impacting earnings rather than capital, equity markets are viewing the...
Aon Appoints Rieth as U.S. Practice Leader for E&O/Cyber Broking Team
Jun 1 2020 // Aon announced that Brent Rieth is the new U.S. Practice Leader of the Cyber Solutions Errors and Omissions/Cyber Broking team. Rieth first joined Aon in 2009 as team leader of the E&O/Cyber broking effort for...
Aon Promotes Petrevski to Data, Analytic Services Leader
May 19 2020 // Global insurance broker Aon has promoted Steve Petrevski as senior vice president and general manager of Data & Analytic Services. Petrevski will be responsible for developing and executing Aon’s data and...
Aon’s Thurman Joins Lockton Re in Atlanta to Lead New Workers’ Comp Practice
May 18 2020 // Lockton Re, the global reinsurance business of insurance broker Lockton, has hired Keith Thurman to its Lockton Re Atlanta office to lead the buildout of its’ Workers’ Compensation practice in the U.S., working...
Aon Forms Intellectual Property Liability MGA; Taps Lewis to Lead
May 15 2020 // Aon has established an intellectual property liability underwriting platform with levels of capacity it says is the largest known delegated capacity for the risk. IP underwriter Ian Lewis has joined the company to...
April’s Killer Tornadoes Cost Insurers Billions in Claims: Aon Report
May 8 2020 // Extensive severe weather events in the United States during April cost insurers billions of dollars, according to the latest edition of Aon’s Global Catastrophe Recap report. There were 14 killer tornadoes in the...
In Volatile Times, Willis Towers Watson Deal ‘More Important Than Ever:’ Aon CEO Case
May 1 2020 // Aon reaffirmed its commitment to the acquisition of Willis Towers Watson in a report of its first quarter results. “Our Aon United Strategy and pending combination with Willis Towers Watson are more important than...
Lockton Re in London Taps Aon Re’s Mallon, Neon’s Foxall for North America, Int’l Teams
Apr 30 2020 // Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, announced two new appointments in its London office. Phillip Mallon will be joining the North American...
Aon Executives, 70% of Employees Taking Pay Cuts Amid Coronavirus Uncertainties
Apr 27 2020 // Aon announced it will temporarily cut the pay by 50% of the company’s named executive officers in response to the COVID-19 crisis. In addition, 70% of its global workforce will see a 20% reduction in their salaries,...
Aon’s Reinsurer Trading Portal, ABConnect, Receives Accreditation from Lloyd’s
Apr 22 2020 // Insurance and reinsurance broker Aon has received accreditation from Lloyd’s for its reinsurer trading portal, ABConnect Placements. Following the recent deployment of Aon’s binding function, the Lloyd’s...
Australia Insurer IAG Announces CEO Harmer to Retire; Hawkins Named Deputy CEO
Apr 8 2020 // Australian insurer IAG announced that Peter Harmer, managing director and chief executive officer, plans to retire by the end of 2020. A flexible nine-month period of transition has been agreed with Harmer to ensure a...
