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: 10 - 14 January 2022
The latest personnel and management news in the insurance sector.
Market Analysis: Broking consolidation from 2010 to today – how the top 100 has changed
Insurance Age content director Jonathan Swift charts consolidation among the top 100 intermediaries from 2010 to today and reflects on the biggest winners in terms of M&A success
News Analysis - How is US money reshaping the UK market?
David Worsfold explores the power of the dollar in broking and examines the drivers behind US investment into the UK market.
Dive In kicks off today with a focus on active allyship
The festival runs over three days with mental health, gender equality and racial inclusion highlighted as key issues to be tackled as a priority in the insurance sector.
Businesses call for climate action in letter to Boris Johnson
Companies including Allianz, Aon UK, Brit Insurance, Convex, Flood Re, Marsh, MS Amlin Underwriting and Tokio Marine Kiln have urged the Prime Minister to demonstrate the government's commitment to addressing the climate crisis ahead of UN summit.
Regulators bare their teeth: is this the new normal for mergers?
News analysis: David Worsfold examines whether regulators are likely to take a tougher stance on insurance sector mergers in the future, following the collapse of the Aon/Willis Towers Watson deal.
Gallagher signs reshaped $3.25bn Willis Re deal
The broker is to buy the WTW treaty reinsurance operations following the collapse of the original deal.
Willis: Predator or Prey?
News analysis: Following the Aon/Willis Towers Watson deal collapse David Worsfold explores if WTW will turn hunter or hunted amid the fallout from the failed $30bn deal.
Gallagher reports rise in brokerage revenues for H1 2021
Simon Matson, CEO, Europe, Middle East and Asia, said the UK division had seen organic growth of 9%.
Aon: Executive committee shuffled post-deal collapse
Aon, which abandoned its $30bn merger deal to buy WTW earlier this week, has shared its new leadership structure.
Gallagher divestment deal aborted after WTW/Aon merger breaks down
Gallagher had been set to buy £3.6bn of WTW assets including Willis Re as part of Aon/WTW divestment plans ahead of their proposed combination.
Aon/WTW merger collapses amid US DOJ lawsuit
Aon is set to pay a $1bn termination fee to WTW as CEO Greg Case says the two businesses "reached an impasse with the US Department of Justice".
People Moves: 12-16 July 2021
Stay up-to-date with the latest job changes in the world of insurance.
European Commission clears Aon/WTW merger
But the deal is still on hold as a November trial looms in the United States and the New Zealand Commerce Commission also raises competition concerns.
Joe Henderson selects Teesside for Attis branch opening
It is the third location for Henderson's newest venture, Attis Insurance, which he developed after selling Henderson Insurance Brokers to Aon in 2017.
HRH The Prince of Wales launches insurance task force to fight climate change
The task force, chaired by Lloyd's, is comprised of insurance executives and aims to provide a platform for the sector to collectively advance the world’s progress towards a resilient, net-zero economy.
US DoJ files lawsuit to block Aon/WTW merger
The two brokers have said they disagree with the move after the DoJ warns merger would “create a broking behemoth” and “threatens to eliminate competition, raise prices and reduce innovation”.
Dive In calls for active allyship as it confirms dates for 2021 festival
The seventh edition of the global festival for diversity and inclusion will take place on 21-23 September.
Biba 2021: Call for 'unified action' on PI problems
As the cost of PI soars, and insurers exit the market, Biba panellists call for brokers and insurers to collaborate to ensure customers get value.
Biba 2021: Unintended consequences from silent cyber 'knee jerk' reaction
The clampdown on silent cyber exposure has had unintended consequences for customers with some alterations too “broad brush”, according to Axa UK managing director, underwriting and technical services David Williams.
Biba 2021: The Future of Broking
Phil Barton attacks scale-led consolidation and warns broking is “in a dangerous place” as an expert panel including Aon’s Julie Page, A-Plan’s Carl Shuker and Atlanta’s Ian Donaldson consider the future in a session chaired by Brokerbility’s, Ashwin…
Aon/WTW to divest $3.6bn of assets to Gallagher ahead of merger
The sale includes Willis Re and is intended to address questions raised by regulators including the European Commission.
CII creates Presidents Forum to assess customer needs
Aon UK's Julie Page will chair the group which has been developed to discuss the changing insurance needs of consumers and SME businesses with the aim of creating guidance and key actions for further development.
BLM launches cross-industry property damage body to combat claims surge
The industry-wide property damage Task Force is meant to bring insurers, brokers, loss adjusters, legal specialists, and corporates together to identify emerging issues in the property claims sector.