Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon Cites Need for Mitigation as Insured Wildfire Losses Top $10B for Second Year
Dec 7 2018 // Total aggregated economic losses for the wildfires that have burned across Northern and Southern California throughout the month are expected to minimally exceed $10 billion, while insurance claims payouts for wildfires...
Public Transit Systems See Rise in Liability Losses
Dec 7 2018 // Nationally, public transit systems are seeing a steady increase in liability claim severity, even as ridership declines, according to a new study from Aon. Aon’s study found that overall public transit liability...
Aon Launches Intangible Asset Cover for Gig Economy Companies
Nov 26 2018 // Aon plc announced the launch of a new non-damage business interruption (NDBI) cover which is designed to protect the income streams of the growing number of companies with high levels of intangible assets, such as those...
Aon Taps Jones from Guy Carpenter as Exec. Chairman, Asia Reinsurance Solutions
Nov 21 2018 // Aon plc has appointed Richard Jones as executive chairman of its Reinsurance Solutions business in Asia. Jones will be responsible for business development and supporting clients across the Asia region. Based in Singapore,...
Alliant Names Aon’s Posey Vice President in California
Nov 13 2018 // Alliant Insurance Services Inc. has named Amanda Posey a vice president. Posey, who is based in Orange County, Calif., will provide risk management and insurance solutions to a regional client base. Posey was previously a...
Tallying Losses from October’s Global Catastrophes
Nov 8 2018 // October was a deadly and costly month due to natural catastrophes, with the the U.S. and Europe being hit particularly hard, according to Aon’s Impact Forecasting. Total U.S. economic losses from October’s...
Patrick Ryan Hails Program Business Amid Retail Consolidation, Moves Toward MGAs
Nov 8 2018 // Target Markets Program Administrator Association Industry Keynote Speaker Patrick G. Ryan, founder, chairman and CEO, Ryan Specialty Group, addressed attendees at the group’s 18th Annual Summit on Oct. 22., in...
Aon Forms New Ventures Group, Led by Chief Innovation Officer Goland
Oct 19 2018 // Aon plc announced it has formed a new unit called New Ventures Group, which is designed to increase Aon’s investment in innovative new businesses. The global unit will identify, incubate and deliver new sources of...
TigerRisk Adds Retro Specialist Hughes from Aon to London Retro Team
Oct 18 2018 // TigerRisk Partners LLC, the Stamford, Conn.-based insurance and reinsurance broker, announced it has appointed Jonathan Hughes as partner. Hughes will report to Alex Bridges, head of TigerRisk’s Retro Team, and will...
Natural Disasters in September Bring Costliest Damages to Date for 2018: Aon Report
Oct 11 2018 // Hurricane, flood, and earthquake damages made September the costliest month for natural catastrophes in 2018, according to a report from Aon’s Impact Forecasting team. September is typically the busiest month for...
Aon and Fixico Offer Digital Car Repair Solution for Fleet Clients in Belgium
Oct 4 2018 // Aon is partnering with Fixico to offer a fully-digital solution to handle car repairs for Aon’s fleet clients in Belgium. Fixico offers a digital platform for car repair handling, which is directly connected to a...
AXA XL Canada Taps Ashall from Aon Reed Stenhouse for Broker & Client Mgmt. Team
Sep 28 2018 // AXA XL Canada has added Jonathan Ashall to its Broker & Client Management team. Ashall is based in Toronto and reports to Urs Uhlmann, CEO and country manager AXA XL Canada. Ashall joins AXA XL from Aon Reed Stenhouse...
Aon Policy Provides Financial Support to Terrorist Victims
Sep 27 2018 // Aon has collaborated with Pembroke Managing Agency at Lloyd’s to develop Public Protection Policy (PPP), which helps businesses provide financial support to individuals affected by a terrorist attack on a...
Aon’s Blackwell to Join JLT Re as Partner
Sep 10 2018 // Global reinsurance broker JLT Re announced that Martin Blackwell will be joining the firm as a partner, Capital Solutions, next month. Blackwell brings 40 years of market experience to JLT Re. He has served as head of...
Aon Creates $350M of Cyber Capacity, Launches New Solution for Silent Cyber
Sep 7 2018 // Aon plc is continuing its investment in cyber by creating US$350 million of new reinsurance capacity and launching its silent cyber* solution. Aon’s silent cyber solution is designed to partner with carriers in their...
Aon Promotes Mulligan to Head of Cyber, Foord-Kelcey to Head of Cyber Innovation
Sep 4 2018 // Aon plc has promoted Catherine Mulligan and Luke Foord-Kelcey within its Reinsurance Solutions business to strengthen its suite of cyber products for insurers. As global head of Cyber for Aon’s Reinsurance Solutions...
Aon Names Wanat U.S. Commercial Lines Broking Chief
Aug 17 2018 // Global broker has appointed Brian Wanat as chief broking officer of U.S. Commercial Risk Solutions. In his new role, Wanat will have direct management responsibility for Financial Services Group, National Property,...
July’s Droughts, Wildfires, Floods Caused Billions in Global Economic Losses: Aon
Aug 10 2018 // Many countries across the globe saw worsening in drought-related and wildfire conditions during July, which have led to hundreds of deaths and created a significant financial impact – particularly in the agriculture,...
PEAK6 Acquires Aon’s National Flood Services
Aug 7 2018 // PEAK6 Investments LP announced it has acquired National Flood Services (NFS) from Aon plc. NFS is a provider of business process services in flood insurance. According to a statement, the firm support nearly 87,000 active...
Catastrophe Bonds – A to Z
Aug 7 2018 // A reader of this publication, the president of an insurance agency, recently wrote to say he kept hearing about catastrophe bonds but had little knowledge of what they were. He was curious if these instruments would...
