Aon
Aon is a global professional services firm providing a broad range of risk, retirement and health solutions. Employing 50,000 colleagues in 120 countries Aon seeks to use proprietary data and analytics to deliver insights that reduce volatility and improve performance.
Aon’s fast-paced growth began in 1982 when the Ryan Insurance Group merged with Combined International Corporation.
Throughout the 1980s and 1990s, acquisitions and organic growth fueled Aon’s expansion in the global insurance marketplace. Buys have included Minet Group, Alexander & Alexander [both in 1997] and Benfield [2008].
People Moves: 4 – 8 November 2024
Keep up to date with the latest insurance industry personnel moves.
Top 100 UK Brokers 2024: Full table listing
Insurance Age is delighted to share its 2024 Top 100 UK Broker rankings supplied by Insuramore and sponsored by Open GI.
Aon names Rob Kemp as head of commercial risk for the UK
Rob Kemp will switch to be head of commercial risk solutions for the UK at Aon on 1 October, the broker has confirmed.
Cyber outage insured losses estimated at up to $1.5bn
CyberCube has estimated preliminary global insured losses for the standalone cyber insurance market from the CrowdStrike IT outage last week at between $400m (£310m) and $1.5bn (£1.16bn).
Arch adds Motwani from Aon as UK COO
Arch Insurance International has recruited Ketan Motwani from Aon as UK chief operating officer taking up the role with immediate effect.
Biba 2024: Experts have mixed outlook on UK economy
In the Biba 2024 conference session ‘What’s next for the economy?’, hosted by Clive Myrie, the panel expressed mixed views on the outlook for the UK, focusing on productivity, regulation and the election.
Biba reduces burden for board members after agreeing special resolution
The British Insurance Brokers’ Association (Biba) has recruited some new people to its main board and agreed to changes to make the commitment of those involved with all of its committees less onerous, including fewer meetings.
Aon completes NFP deal
Aon has completed the $13bn (£10.4bn) acquisition of NFP.
Aon and NFP deal expected to close on or around 25 April
Aon’s $13.4bn (£10.6bn) takeover of NFP is expected to close on or around this Thursday, the global giant has confirmed.
Ex-Marsh and Aon COO joins Thomas Carroll
The former chief operating officer of Aon’s UK retail business, David Whittaker, has joined Thomas Carroll Group in the same role.
Aon buys in administration Humn.ai’s assets and IP
Aon has bought Humn.ai’s technology assets and intellectual property to strengthen its own commercial fleet proposition, months after the insurtech appointed administrators.
People Moves: 19-24 February 2024
Follow the latest insurance personnel moves.
Aon-NFP deal clears key hurdle in US
Aon’s $13.4bn (£10.6bn) purchase of NFP has passed a crucial test in the US, with the transaction still expected to close in the middle of this year.
Aon post 5% commercial organic growth for 2023
Aon has reported 5% organic growth in its commercial risk solutions business to $7.04bn (£5.52bn) in 2023 as profits across the global giant slipped year-on-year.
The American consolidators are not done yet
Recent years have been notable for the amount of consolidation led by US-based insurance brokers. Ida Axling looks at whether these players are likely to continue doing deals at the same rate and what is driving these buying sprees.
Jane Kielty named Aon UK CEO
Aon has promoted Jane Kielty to UK CEO, she will be part of the EMEA leadership team and report to CEO of EMEA, Julie Page.
Ex-Towergate boss Joe Thelwell joins Aon
Aon has appointed former Towergate Insurance Brokers CEO, Joe Thelwell, as UK head of SME.
Analysis: Aon’s £10.6bn NFP takeover not enough for it to replace Marsh as largest global broker
Aon’s £10.6bn acquisition of NFP earlier this week will not be enough to help it supplant Marsh McLennan as the world’s largest broker, according to a report.
Aon to buy NFP from Ardonagh investors MDP and HPS for £10.6bn
Aon has agreed to acquire rival US broking firm NFP for a total consideration estimated to be $13.4bn (£10.6bn).
People Moves: 4-8 December
Stay in the loop with the latest insurance personnel moves.
Arch takes team from Aon to launch intangible assets offering
Arch Insurance International has taken a team from Aon after an agreement to acquire some assets of its intellectual property liability managing general agent business.