Latest Aon Headlines

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

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...

Specialty Lines Insurance: Innovating at the Edges of Society and the Economy

Sep 17 2019 // Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding ways to put their toes in the water to insure these new risks, especially when...

People & Places

Sep 16 2019 // 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 & Inland Marine...

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...

Former AIG, Aon Exec Teegarden Joins Lockton in Atlanta

Aug 26 2019 // Lockton has added Andrew Teegarden as senior vice president, client executive. In this role, he will work with Neil Metzheiser, executive vice president, and Lockton’s service teams to further enhance Lockton’s...

Hurricane Barry Cost Economy $600M, Insurers $300M: Aon Catastrophe Report

Aug 9 2019 // Total economic losses, largely flood-driven, were expected to exceed US$600 million, while public and private insurers paid out nearly US$300 million, said Aon in its latest edition of its monthly Global Catastrophe Recap...

CFC Underwriting Taps Francis from Aon/Stroz Friedberg as Cyber Claims Director

Jul 26 2019 // CFC Underwriting, the London-based managing general agent that specializes in emerging risks, announced the appointment of Roger Francis as Cyber Claims director. Francis will lead CFC’s cyber claims and incident...

First Half Natural Disasters Cost Insurers $20B, Down 26% from 18-Year Average: Aon

Jul 25 2019 // Global insured losses from natural disasters during the first half were estimated at US$20 billion, which is 26% lower than the H1 average of US$27 billion seen during the years 2000-2018, according to Aon’s...

Aon Names Barrett Regional Managing Director EMEA, Captive & Insurance Mgmt.

Jul 25 2019 // Aon has appointed Vincent Barrett as regional managing director EMEA for its Captive & Insurance Management business.In his new role, he will serve as account chair on numerous complex global client accounts and lead...

Aon Promotes Ronda to President of U.S. Reinsurance

Jul 12 2019 // Global broker Aon has promoted Aon veteran Tim Ronda to president of its U.S. Reinsurance Solutions business. He is based in New York.As president, he succeeds George deMenocal, CEO of U.S. Reinsurance Solutions, who has...

Economic Costs of European Weather Events in June Top $2B: Aon Report

Jul 11 2019 // Severe European storms during June had an economic price tag of US$2 billion, while insurers anticipated claims topping $1.5 billion, according to the latest edition of Aon’s monthly Global Catastrophe Recap...

Pushing and Pulling Lloyd’s Into the 21st Century

Jul 10 2019 // Twenty-five years ago, the Lloyd’s of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars of asbestos and pollution liabilities. Many of the best brains in the market worked...

Aon, Insurtech Startup Etherisc Launch Blockchain-Based Agriculture Insurance

Jul 1 2019 // Aon plc has partnered with anti-poverty organization Oxfam and insurtech startup Etherisc to launch a blockchain-based platform that provides agriculture insurance for smallholder farmers in Sri Lanka.Nearly 200 Sri Lankan...

Aon’s Specht Joins Cyber Insurance Agency Coalition as the Head of Affinity

Jun 12 2019 // Cyber insurance and cybersecurity agency Coalition announced the addition of Brian Specht as the head of Affinity to help the agency reach a broader spectrum of businesses and industries.Specht brings 30 years of...

Aon Hires 2 Former Co-Heads of JLT’s Insurance-Linked Securities Unit

Jun 11 2019 // Aon Securities, the insurance-linked securities unit of Aon, announced it has hired Michael Popkin and Rick Miller, the former co-heads of JLT Capital Markets.Miller and Popkin start their new roles with immediate effect,...