Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon Combines Construction & Engineering and Inland Marine Teams into Global Unit
Apr 24 2019 // Aon plc announced it has combined its Construction & Engineering and Inland Marine teams into a single, dedicated global unit within its Reinsurance Solutions business. The new Global Construction & Inland Marine...
Zurich Canada Names Aon’s Royer as Head of Liability
Apr 11 2019 // Marco Royer has been named head of Liability for Zurich Canada. Royer will be a member of the Zurich Canada executive team and will report to Zurich Canada CEO Saad Mered. His first day at Zurich will be July 1. He will be...
Terrorism, Populist Politics Raise Risks for European Businesses: Aon Report
Apr 10 2019 // Europe faces an increasingly complex security environment, as Islamist and far-right terrorism creates new vulnerabilities for businesses and communities, according to new research from the broker Aon. In 2019, the risk...
Global Floods Cause $8B in Economic Losses During March: Aon Catastrophe Report
Apr 10 2019 // Damage from flooding in March 2019 is estimated at US$8 billion from events across the globe, according to Aon’s “Global Catastrophe Recap – March 2019.” “The major catastrophe events of March...
Today’s Hot Markets
Apr 1 2019 // Telemedicine, Breweries, Intellectual property, Nurseries and Cottage foods Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. Here are five industry sectors and...
Aon’s New Ventures Group Focuses on Intellectual Property with Cochrane Named COO
Mar 18 2019 // Aon’s New Ventures Group (NVG), which was formed in October 2018 to accelerate Aon’s investment in innovative new solutions, is focusing its first efforts on intellectual property in order to help clients...
Aon, Insurtech Zesty.ai Partner to Enhance Property Underwriting with AI Data
Mar 13 2019 // Aon has formed a strategic alliance with Zesty.ai, a San Francisco-based insurtech startup, which uses artificial intelligence (AI) to enhance insurers’ property underwriting. Zesty.ai’s technology provides...
Australia Floods Cost Insurers US$635M in February: Aon’s Catastrophe Recap
Mar 8 2019 // Australia’s Northern Queensland experienced widespread flooding from Jan. 26 to Feb. 7, which cost insurers more than A$893 million (US$635 million) with total economic losses of at least A$1.7 billion (US$1.2...
The Story Behind the Aon and Willis Towers Watson Deal that Died a Quick Death
Mar 7 2019 // It’s not often that you hear about a $24 billion deal brewing in the financial services industry. It’s even rarer that it goes from confirmation to breakup in less than a day. On Tuesday afternoon, Aon Plc...
Aon Partners with Insurtech Skytek to Track Marine Risk Accumulations
Mar 7 2019 // Aon plc has partnered with software company Skytek to provide real-time monitoring of insurers’ marine risks, identifying accumulations for enhanced underwriting and reinsurance programs. In an era of mega-ports and...
Aon Will Not Pursue Merger with Willis Towers Watson
Mar 6 2019 // Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a tie-up. The company said on Tuesday that it was in the...
New York Regulator Subpoenas Insurance Broker About Trump Organization
Mar 5 2019 // New York’s insurance regulator issued a subpoena to the Trump Organization’s primary insurance broker, a person familiar with the matter said. It came just days after President Donald Trump’s former...
Update: Aon Considers Bid to Buy Willis Towers Watson
Mar 5 2019 // Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry’s largest ever merger. Aon is in the early stages of exploring an all-share tie-up with...
Aon Partners with Insurtech Firm Skytek to Track Marine Risk Accumulations
Mar 5 2019 // Aon plc is partnering with software company Skytek to provide real-time monitoring of insurers’ marine risks, identifying accumulations for enhanced underwriting and reinsurance programs. In an era of mega-ports and...
Aon Partners with Claim Central; Opens New Claims Center in Florida
Mar 4 2019 // Aon plc has established a strategic alliance with global insurtech firm Claim Central to digitize and streamline claim management capabilities and improve the customer experience through technology and services developed...
Aon Appoints Lambrou as Global CEO of Commercial Risk Solutions
Feb 12 2019 // Aon plc has appointed veteran Aon leader, Lambros Lambrou, as global CEO of Commercial Risk Solutions. Lambrou has worked within the risk management industry for more than three decades, holding leadership roles that span...
January’s U.S. Storms, Australia Floods Bring Economic Damages Near $2B: Aon
Feb 11 2019 // Multiple winter storms and extreme cold led to 45 deaths and cost the U.S. economy $1 billion during January, according to Aon’s Global Catastrophe Recap – January 2019. The report listed the winter storm events in...
Fitzgerald, Chief of Broking, Exits Aon After 27 Years
Jan 30 2019 // Global insurance broker Aon reported that Tom Fitzgerald is leaving the firm after 27 years of service. Fitzgerald most recently served as chief executive of Aon Broking, and before that he led the U.S. Commercial Risk and...
Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap
Jan 22 2019 // The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of the overall total, creating the fourth costliest year on record of insured losses,...
Global Reinsurance Capital Is Resilient Despite Losses of $230B over 2 Years: Aon
Jan 11 2019 // Global reinsurance capital – comprising traditional and alternative capital – fell 2 percent in 2018 to US$595 billion from $605 billion in 2017, remaining resilient in the face of insured natural catastrophe losses of...
