Aon News

Aon’s New ‘Political Risk Map’ Focuses on ‘Arab Spring’; Global Threats

Aon’s latest “Political Risk Map” focuses on the implications of the uprisings in the Middle East, collectively referred to as the “Arab Spring,” and the political transitions they have produced, which “raise concerns for businesses around the world.” Aon points …

Aon To Move Corporate Headquarters to London

Global insurance broker, risk management and human resource consulting firm Aon Corp. announced that it will move its corporate headquarters from Delaware to London. The company said the move is as “an important step” in its global growth strategy. The …

Aon Wins Preliminary Injunction Against Former Exec, Now at Alliant

A New York court granted Aon Risk Services Northeast a preliminary injunction involving its former executive. Last week, the Supreme Court of the State of New York said it is temporarily barring Michael Cusack, the former Aon executive who is …

Aon to Pay $16.2 Million to Settle Bribery Charges

Insurance brokerage firm Aon Corp. will pay $16.2 million to settle criminal and civil charges that it paid bribes to foreign government officials over more than two decades, the U.S. government said on Tuesday. Under a non-prosecution agreement with the …

Parker Named to Head P/C Specialty at Aon’s Global Brokerage Center

Aon Risk Solutions, the risk management business of Aon Corp, announced the appointment of Mark R. Parker to the position of Director in Aon’s London Global Broking Center’s, International Property and Casualty specialty, led by Luigi Sturani. He will be …

Sciemus Appoints Former Aon Exec Mahoney as Chairman

London-based Sciemus, an analytics and modeling company that services the insurance and financial markets, announced the appointment of insurance industry veteran Dennis Mahoney as Chairman of the company. The bulletin added that he “will be more than just a figurehead …

Aon, ACE Integrate London Exchange for Accounting and Settlement

Aon Risk Solutions, the risk management business of Aon Corp., and ACE have both announced the “successful implementation of Rüschlikon accounting and settlement standards via The Exchange.” The announcement described the move as taking “the London market’s e-capabilities a large …

Aon’s Study of Airline Insurance Industry Finds Divergent Trends

Aon Risk Solutions, the risk management business of Aon Corp., has released the latest edition of its aviation data report –”Airline Insurance Market Indicators 2011/12,” which concludes that “as the frenetic renewal season in the aviation insurance market starts, premium …

Aon Hires Willis Executive to Lead Contract Surety Unit in Boston

Aon Risk Solutions appointed Paul Healy as executive vice president and national managing director of contract surety. Based in Boston, Healy will lead Aon’s national contract surety unit, which helps contractors and corporations secure necessary credit facilities for their businesses. …

Aon, Zurich Launch Innovative $100 Million Reputational Risk Coverage

A company’s reputation often constitutes one of its most valuable assets; however, as the damage to value, as well, as the nature of the risks that may cause it, are hard to calculate, obtaining coverage has been a complex process. …