Aon’s proposed $30 billion acquisition of Willis Towers Watson has hit a major roadblock, with the U.S. Department of Justice suing to block the deal. The DOJ’s civil antitrust lawsuit argues that the merger, which would bring together two of …
Insurance broker Willis Towers Watson announced the launch of a Sports & Entertainment Industry Group to support sports & entertainment (S&E) organizations and entertainment professionals seeking to identify, mitigate and transfer risks associated with the sector. Ian Tomlin, head of …
The Insurance Development Forum (IDF), a public-private partnership led by the insurance industry and supported by international organizations, has launched a program to develop a parametric flood and earthquake product, as well as indemnity landslide protection in Colombia. The IDF, …
Aon plc announced it has signed a definitive agreement to sell its pensions consulting, pension insurance broking, pensions administration and investment consulting business in Germany to Lane Clark & Peacock LLP (LCP). The agreement is another step Aon and Willis …
Aon plc and Willis Towers Watson have agreed to sell Willis Re and a set of Willis Towers Watson corporate risk and broking and health and benefits services to Arthur J. Gallagher & Co. These businesses will be divested for …
Global investment in the insurtech sector reached a new quarterly high of US$2.55 billion during the first quarter of 2021. The number of mega-rounds reached eight, more than any other three-month period, according to the new Quarterly InsurTech Briefing from …
Cyber attacks and data loss are the top two risks facing directors & officers, with pandemic-related changes in working practices heightening these concerns, according to a global survey from broker Willis Towers Watson and law firm Clyde & Co. Covering …
North American buyers of commercial property/casualty insurance can expect an “ever-so-slight turn for the better” and a “less difficult marketplace” in the months ahead. However, global broker Willis Towers Watson’s 2021 Insurance Marketplace Realities report adds, buyers will continue to …
The cost of a comprehensive car insurance policy in Britain slumped 14% in the first quarter of 2021, to their lowest level since 2015, as different phases of lockdowns in the country kept motorists off the streets, a survey showed. …
Insurance broker Willis Towers Watson has launched Radar Workbench, new software technology aims to transform the performance of frontline commercial underwriters. “Radar Workbench has been developed to provide the optimal environment that supports underwriters in making complex decisions at pace …
