Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
People & Places
Jun 15 2020 // National Everest Insurance announced changes to the Commercial Casualty leadership team. Four underwriters across the country have been appointed leaders for the Northeast, South, Midwest and Southwest regions. Frank Engle...
Willis Towers Watson Faces Shareholder Lawsuits in U.S. Over Sale to Aon
Jun 8 2020 // There have been at least three shareholder lawsuits filed over the mega-deal that would have insurance broker Aon acquire rival Willis Towers Watson. The suits allege that Willis and its directors breached their fiduciary...
Diverging Views: Is COVID a One-Off Catastrophe or Not?
Jun 5 2020 // While reinsurers are “open for business” and insurers and reinsurers are reporting the impacts of COVID-19 as a one-off catastrophe impacting earnings rather than capital, equity markets are viewing the...
Aon Appoints Rieth as U.S. Practice Leader for E&O/Cyber Broking Team
Jun 1 2020 // Aon announced that Brent Rieth is the new U.S. Practice Leader of the Cyber Solutions Errors and Omissions/Cyber Broking team. Rieth first joined Aon in 2009 as team leader of the E&O/Cyber broking effort for...
Aon Promotes Petrevski to Data, Analytic Services Leader
May 19 2020 // Global insurance broker Aon has promoted Steve Petrevski as senior vice president and general manager of Data & Analytic Services. Petrevski will be responsible for developing and executing Aon’s data and...
Aon’s Thurman Joins Lockton Re in Atlanta to Lead New Workers’ Comp Practice
May 18 2020 // Lockton Re, the global reinsurance business of insurance broker Lockton, has hired Keith Thurman to its Lockton Re Atlanta office to lead the buildout of its’ Workers’ Compensation practice in the U.S., working...
Aon Forms Intellectual Property Liability MGA; Taps Lewis to Lead
May 15 2020 // Aon has established an intellectual property liability underwriting platform with levels of capacity it says is the largest known delegated capacity for the risk. IP underwriter Ian Lewis has joined the company to...
April’s Killer Tornadoes Cost Insurers Billions in Claims: Aon Report
May 8 2020 // Extensive severe weather events in the United States during April cost insurers billions of dollars, according to the latest edition of Aon’s Global Catastrophe Recap report. There were 14 killer tornadoes in the...
In Volatile Times, Willis Towers Watson Deal ‘More Important Than Ever:’ Aon CEO Case
May 1 2020 // Aon reaffirmed its commitment to the acquisition of Willis Towers Watson in a report of its first quarter results. “Our Aon United Strategy and pending combination with Willis Towers Watson are more important than...
Lockton Re in London Taps Aon Re’s Mallon, Neon’s Foxall for North America, Int’l Teams
Apr 30 2020 // Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, announced two new appointments in its London office. Phillip Mallon will be joining the North American...
Aon Executives, 70% of Employees Taking Pay Cuts Amid Coronavirus Uncertainties
Apr 27 2020 // Aon announced it will temporarily cut the pay by 50% of the company’s named executive officers in response to the COVID-19 crisis. In addition, 70% of its global workforce will see a 20% reduction in their salaries,...
Aon’s Reinsurer Trading Portal, ABConnect, Receives Accreditation from Lloyd’s
Apr 22 2020 // Insurance and reinsurance broker Aon has received accreditation from Lloyd’s for its reinsurer trading portal, ABConnect Placements. Following the recent deployment of Aon’s binding function, the Lloyd’s...
Australia Insurer IAG Announces CEO Harmer to Retire; Hawkins Named Deputy CEO
Apr 8 2020 // Australian insurer IAG announced that Peter Harmer, managing director and chief executive officer, plans to retire by the end of 2020. A flexible nine-month period of transition has been agreed with Harmer to ensure a...
Aon Enhances Reinsurer E-Trading Portal to Support Remote Working During Pandemic
Apr 2 2020 // Aon plc, the global re/insurance broker, has enhanced its reinsurer trading portal, ABConnect Placements, to electronically bind treaty placements with Lloyd’s of London and International Underwriting Association...
Dudley, CEO of Aon’s UK Global Broking Centre, Named Chair of LIIBA
Mar 25 2020 // Richard Dudley, CEO of Aon’s UK Global Broking Centre, will become the new chair of the London & International Insurance Brokers’ Association, according to LIIBA’s board. He succeeds Roy White of...
Business Moves
Mar 23 2020 // National Aon, Willis Towers Watson Global insurance brokers Aon and Willis Towers Watson announced a definitive agreement to combine in an all-stock transaction with an implied combined equity value of approximately $80...
Coronavirus Work-from-Home Response May Expand Cyber Risk
Mar 13 2020 // As U.S. employers ask employees to work from home to avoid exposure to coronavirus, they may be exposing themselves to another kind of risk: Cyberattacks. Aon recently issued an advisory cautioning employers to take steps...
Aon and Willis Towers Watson Say Merger Is All About ‘Getting Better, Not Bigger’
Mar 10 2020 // There are several talking points that are evident about the planned merger of broking giants Aon and Willis Towers Watson. First, it’s not about getting bigger; it’s about getting better. And, second,...
Reuters: Aon Alleges Fraud in $300M Brazilian Deal with Broker Admix
Mar 10 2020 // British insurance broker Aon Plc has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it when it acquired the company four years ago in a 1.35 billion reais ($300 million) deal,...
Aon to Buy Willis Towers Watson
Mar 9 2020 // Global insurance brokers Aon and Willis Towers Watson announced a definitive agreement to combine in an all-stock transaction with an implied combined equity value of approximately $80 billion. Under the terms of the...
