Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Marsh Names Nayler, from Aon, to Lead Financial Institutions Industry Practice
Aug 31 2017 // Marsh announced the appointment of David Nayler as leader of its UK Financial Institutions Industry Practice. Reporting to Charles Beresford-Davies, Risk Management Practice leader, UK & Ireland, Nayler’s...
CNA, Aon Affinity to Offer Malpractice Program for Dental Practices
Aug 29 2017 // CNA and Aon Affinity, the affinity business of Aon plc, have partnered to offer dental firms nationwide malpractice coverage to meet the evolving needs of dental practices. The coverage combines the experience of both...
Harvey’s Catastrophic Costs Mount; Many Lack Adequate Insurance
Aug 28 2017 // Hurricane Harvey’s second act across southern Texas is turning into an economic catastrophe — with damages likely to stretch into tens of billions of dollars and an unusually large share of victims lacking...
Asia Floods Bring Economic Damages of More Than $10B in July: Aon Report
Aug 9 2017 // The vast majority of global natural disasters during July were the result of severe flooding across the Asian region, bringing more than $10 billion in economic damages, according to a report published by Impact...
Aon Agrees to Buy Dutch Broker Unirobe Meeùs Groep from Aegon for $347.9M
Aug 8 2017 // Aon Groep Nederland announced it has entered into an agreement to acquire Utrecht-based broker Unirobe Meeùs Groep (UMG) from Aegon for €295 million ($347.9 million). The transaction is subject to works council advice...
Catastrophe Bond Market Breaks New Records in 2nd Quarter, 1st Half: Aon Study
Aug 7 2017 // Catastrophe bond issuance during the second quarter stood at US$6.38 billion across 20 transactions – a new record for quarterly issuance that surpassed the previous record of US$4.49 billion set in Q2 2014, according to...
Catastrophes Cost Insurers $22B in 1H 2017; Economic Losses Totaled $53B: Aon
Jul 20 2017 // Global insured losses from natural disasters during the first half of 2017 are estimated at US$22 billion with 76 percent of these losses generated by U.S. events, according to a report issued by Impact Forecasting, Aon...
June Catastrophes Cost Global Economy $5 Billion; U.S. Storms Dominate: Aon
Jul 10 2017 // Floods and storms cost the global economy more than $5 billion in June, with most of those losses generated in the United States, according to an Aon catastrophe report. In the U.S., large hail, tornadoes, straight-line...
People
Jul 10 2017 // San Francisco, Calif.-based Metromile has named Carrie Dolan chief financial officer. Dolan most recently served as CFO of Lending Club, an online credit marketplace connecting borrowers and investors. Prior to Lending...
Fearless Brokers on Disruption by Insurtech: ‘Bring It On’
Jul 5 2017 // Executives of retail and wholesale property/casualty brokers, who have heard predictions about disintermediation for years, are not worried about the latest wrinkle in the stories of their demise—the rise of insurtech...
JLT Specialty Names Aon’s Schaeffer Senior Vice President in California
Jun 29 2017 // JLT Specialty USA has named Jennifer Schaeffer senior vice president. Schaeffer will be based in Based in San Francisco, Calif. She will focus on business development with specialties in technology, fintech and private...
Aon Appoints Marcell to New Position of President of Aon Benfield
Jun 22 2017 // Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, has appointed Andy Marcell to the new position of president of Aon Benfield. Marcell will begin the role with immediate effect and will report to...
Iowa’s ManchesterStory Group Welcomes Aon Benfield’s O’Halleran
Jun 21 2017 // ManchesterStory Group (ManchesterStory), a Des Moines, Iowa-based venture capital firm focused on insurance-relevant fintech and healthcare companies, has added Michael O’Halleran as a special advisor and chair of...
Arch Re’s Canada Branch Names Aon Benfield’s Dagneau as CEO
Jun 19 2017 // Arch Reinsurance Co. announced that François Dagneau will be appointed to the position of chief executive officer of the Arch Reinsurance Co. Canada Branch in June. Dagneau will replace Patrick McGuiness, who is retiring...
New Aon Professional Liability Coverage Available for 300-Plus Small Business Classes
Jun 16 2017 // Aon Affinity, the affinity business of Aon plc, has launched Aon Professional Liability Plus, a nationwide program that provides malpractice insurance to more than 300 classes of traditionally hard-to-place small...
In ‘Classic’ Soft Market Battle, Brokers and Carriers Attack Each Other
Jun 14 2017 // Chief executive officers of property/casualty insurance carriers and insurance brokers called each other out last week for engaging in activities they said are “classic signs of a soft market.” During a session...
U.S. Storms in May to Cost Insurers $3B; Economic Costs Total $4B: Aon Report
Jun 9 2017 // Total aggregated economic losses from severe weather in the U.S. during May was set to exceed US$4.0 billion, while public and private insurers face a combined payout approaching an estimated US$3.0 billion, according to...
Aon’s Purdy Moves to JLT Specialty USA as Senior VP
Jun 8 2017 // Insurance broker and consultant JLT Specialty USA has appointed Mark Purdy as senior vice president. Purdy will be based in Houston, where his primary focus will be to help JLT’s clients improve their overall claims...
Aon Names Hogg as Leader of Cyber Solutions, CEO of Stroz Friedberg
May 11 2017 // Aon plc announced that Jason Hogg has joined the firm as leader of Aon Cyber Solutions, responsible for the growth strategy of the firm’s solutions that help clients address and manage cyber risk. He will also serve...
‘Poaching’ Suits Like Aon v. Alliant: Nothing Personal, Just Routine Business
May 11 2017 // An ongoing legal battle between two large national insurance brokerage firms over employee poaching is a byproduct of a hazard faced in the financial services industries where relationships and knowledge of business...
