Aon News

Aon’s New Ventures Group Focuses on Intellectual Property with Cochrane Named COO

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 manage their intangible assets. NVG is formally sponsoring …

Aon, Insurtech Zesty.ai Partner to Enhance Property Underwriting with AI Data

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 access to more than 130 billion data points on buildings and their surroundings which …

The Story Behind the Aon and Willis Towers Watson Deal that Died a Quick Death

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 confirmed a Bloomberg …

Aon Partners with Insurtech Skytek to Track Marine Risk Accumulations

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 ultra-large container ships, re/insurers are highly exposed to risk accumulation …

Aon Will Not Pursue Merger with Willis Towers Watson

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 early stages of …

Update: Aon Considers Bid to Buy Willis Towers Watson

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 Willis Towers, it said in …

Aon Partners with Insurtech Firm Skytek to Track Marine Risk Accumulations

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 ultra-large container ships, re/insurers are highly exposed to risk accumulation …

Aon Partners with Claim Central; Opens New Claims Center in Florida

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 specifically for property and casualty (P&C) insurance organizations. As part …

Aon Appoints Lambrou as Global CEO of Commercial Risk Solutions

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 numerous Aon solution lines and regions. …

Fitzgerald, Chief of Broking, Exits Aon After 27 Years

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 Health businesses. Aon …