Latest Aon Headlines

All the headlines from our Aon Topic Page, ordered by recency.

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 analytic...

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 spearhead...

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 U.S....

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 // Aon, Willis Towers WatsonGlobal 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....

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...

Agency M&As: Private Equity Still in Driver’s Seat; Digital Agencies Attract Attention

Mar 2 2020 // The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory in 2019. As many as two-thirds of all deals involved private equity, according to experts. Most...

Aon Names Andersen President, While Former Co-President O’Connor Exits

Feb 24 2020 // Aon plc named Eric Andersen as president of Aon, reporting to Greg Case, the firm’s CEO.Since May 2018, Andersen and Michael O’Connor had served as Aon co-presidents. Aon said O’Connor is departing Aon to...

U.S. Storms, Global Floods, Bushfires Cause Economic Damages of $3B-Plus in January

Feb 11 2020 // U.S. storms, Australian bushfires and hailstorms, and floods in various countries across the globe caused more than $3 billion in economic damages during January, according to Aon’s Global Catastrophe Recap report,...