Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Business Moves
Dec 2 2019 // National Aon, CoverWallet Global insurance broker Aon has agreed to acquire CoverWallet, a digital insurance platform for small and medium-sized businesses. No purchase price was disclosed. Founded in 2015 by technology...
Program Business Continues Record Growth Despite Market Challenges
Dec 2 2019 // Underwriters Search for ‘New’ and ‘High Risk’ Spaces to Target Fueled by investments from insurtechs and interest in niche classes, the program business market has experienced record growth over the...
Aon and Other Companies Distance Themselves from Prince Andrew over Epstein Links
Nov 21 2019 // The U.K.’s former state phone company is the latest organization to distance itself from Prince Andrew after a prime time television interview threw fuel on the fire of the controversy surrounding his relationship...
Aon to Acquire CoverWallet, Small-Medium Business Digital Insurance Agency
Nov 20 2019 // Global insurance broker Aon has agreed to acquire CoverWallet, a leading digital insurance platform for small and medium-sized businesses. The acquisition provides Aon with additional access to what it sees as a...
Demand for M&A Insurance Sees Significant Growth: Aon
Nov 18 2019 // An increase in M&A activity in today’s challenging economic environment is driving significant growth in demand for M&A insurance products, according to a report published by Aon. Aon’s report finds...
Guy Carpenter Appoints Bermuda Execs, Including Johnston, Komposch from Aon
Nov 12 2019 // Guy Carpenter announced the appointment of Robert Johnston as chairman of Guy Carpenter’s Bermuda operations, and Peter Komposch as head of Casualty and Specialty, Bermuda, with immediate effect. Johnston has nearly...
Typhoon Hagibis to Cost Japan’s Economy $10B, with Insured Losses in Billions: Aon
Nov 8 2019 // Typhoon Hagibis is likely to become one of 2019’s costliest events, with economic costs of more than US$10 billion and insured losses minimally in the billions, according to Aon’s monthly catastrophe...
Aon’s Turner Appointed Chairman of Ed Bermuda
Nov 7 2019 // Ed, the reinsurance, wholesale and specialty broker, announced it has appointed John Turner as chairman of Ed Bermuda. In this newly created role, Turner will “provide hands-on support to realize the potential of the...
Broker Aon to Move Jurisdiction of Incorporation to Ireland Due to Brexit
Oct 29 2019 // Insurance broker Aon plans to move its parent company’s jurisdiction of incorporation to Ireland from Britain due to Brexit, it said in a statement on Tuesday. New York-listed Aon will keep its operational...
Aon Appoints Moran to Create Consistent Approach to Client Engagement
Oct 23 2019 // Aon plc announced the appointment of Michael Moran to lead the insurance broker’s efforts to drive better client outcomes by scaling best practices across the firm. As executive vice president of “Delivering...
Hurricane Dorian Ties as Strongest Landfalling Atlantic Hurricane on Record: Aon
Oct 14 2019 // Hurricane Dorian made landfalls in the Bahamas, North Carolina, and Canada in early September, bringing total economic and insured losses in the billions, according to Aon’s monthly Global Catastrophe Recap...
Aon’s Reinsurance Solutions Business Launches Global Wholesale Committee
Oct 9 2019 // The Reinsurance Solutions business of Aon plc has established a Global Wholesale Committee based in London. The committee has been formed to further enhance client services and further cultivate the firm’s...
Marsh JLT Specialty Aviation Hires 4 Execs from Aon, Global Aerospace and Swiss Re
Oct 9 2019 // Marsh, the insurance broker and risk adviser, announced four senior appointments to Marsh JLT Specialty’s Aviation Practice in London and New York. In London, Tony Ambrose and Martyn Holland are set to join as...
Chubb Names Hobson, Formerly with Aon, to New Flood Insurance Post
Sep 25 2019 // Insurer Chubb announced that Louis Hobson has joined the company as senior vice president of Flood Insurance for its North America operations. In this new role, Hobson will work in conjunction with Chubb’s personal...
CAC Specialty Names Former Aon, JLT Specialty Executive Rice as CEO
Sep 23 2019 // Newly-launched specialty insurance broker CAC Specialty announced the appointment of Michael D. Rice II as its chief executive officer. Rice brings years of experience in the brokerage industry. Most recently, he served as...
Here’s How Aon’s New Reinsurance Auction Works
Sep 17 2019 // The broker Aon plc has launched an auction capability for the Jan. 1, 2020 reinsurance renewals, which is designed to provide additional options for insurer clients by reducing the timeframe around pricing negotiations...
Marsh Taps AIG’s Manson, Aon’s Mills for U.K. Mgmt Liability, Wholesale Placement Roles
Sep 17 2019 // Marsh, the insurance broker and risk adviser, announced the appointments of Stephanie Pestorich Manson as chief client officer for Management Liability and head of Directors’ & Officers’ (D&O) Product...
People & Places
Sep 16 2019 // National Ralph Blust Insurance broker Aon has appointed Jay Demeusy as U.S. vice chairman of its Reinsurance Solutions business. Alongside his new role, Demeusy will continue to chair the newly formed Global Construction...
Aon Launches Real-Time Loss Forecasting for U.S. Hurricanes, European Windstorms
Sep 9 2019 // Aon plc has launched Automated Event Response (AER), designed to enable insurers to view real-time portfolio risks from two of the costliest perils: U.S. hurricane and European windstorm. Insurers, which aim to indemnify...
Aon Forms Global Accident, Health & Life Group in Its Reinsurance Business
Aug 27 2019 // Aon plc has created a global Accident, Health & Life practice group in its Reinsurance Solutions business to help insurers take advantage of growth opportunities in this evolving sector. The group will be chaired by...
