Insurance brokerage Aon PLC has agreed to acquire startup CoverWallet, as insurers are competing to figure out how to sell insurance to small businesses online. CoverWallet, founded in 2015, is an online insurance platform that allows small and midsize businesses to get price quotes and buy policies for liability, workers’ compensation and other types of… Continue reading Aon Pushes Into Online Insurance for Small Business with CoverWallet Acquisition
Tag: Aon
Aon to Redomicle from UK to Ireland
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, filed a preliminary proxy statement today to move the jurisdiction of incorporation for the firm’s parent company from the United Kingdom (UK) to Ireland. Remaining within the European Union single market will help the firm maintain a… Continue reading Aon to Redomicle from UK to Ireland
Aon’s Lori Goltermann Elected to CIAB Board of Directors
Aon plc, the leading global professional services firm providing a broad range of risk, retirement and health solutions, announced Lori Goltermann, CEO, U.S. Commercial Risk and Health Solutions of Aon, was elected to the Board of Directors of The Council of Insurance Agents & Brokers. Goltermann was elected during The Council’s 106th annual Insurance Leadership… Continue reading Aon’s Lori Goltermann Elected to CIAB Board of Directors
Aon’s Cyber and Intellectual Property Solutions Recognized by Risk Managers as Top Industry Innovations
Business Insurance magazine recognized Aon plc, the leading professional services firm providing a broad range of risk, retirement and health solutions, with two 2019 Innovation Awards. The recognitions earned include Aon’s Cyber Quotient Evaluation (CyQu) and Intellectual Property liability insurance products – two solutions that demonstrate Aon’s market leading ability to advise clients on combating… Continue reading Aon’s Cyber and Intellectual Property Solutions Recognized by Risk Managers as Top Industry Innovations
Aon Announces New and Expanded Roles for Investor Relations Team
Aon plc, the leading global professional services firm providing a broad range of risk, retirement and health solutions, has announced the evolution of its Investor Relations team. The new and expanded roles are designed to ensure continuity in investor relations, create new development opportunities for colleagues with the firm and reinforce Aon’s focus on increasing… Continue reading Aon Announces New and Expanded Roles for Investor Relations Team
M&A Transaction Insurance Sees Rapid Growth in Asia-Pacific: Aon
Aon, the leading professional services firm providing a broad range of risk, retirement and health solutions, and Mergermarket, today jointly released the Asia-Pacific M&A and Transaction Solutions Risk in Review 2019 report. Findings from the report show that after years of steady growth in transaction volume and cross-border deals, the deal environment in Asia-Pacific is… Continue reading M&A Transaction Insurance Sees Rapid Growth in Asia-Pacific: Aon
Aon, Oxfam, and Etherisc Launch First Blockchain-Based Agricultural Insurance for Smallholder Farmers in Sri Lanka
Aon plc, the leading global professional services firm providing a broad range of risk, retirement and health solutions; Oxfam in Sri Lanka, the organization working to alleviate poverty; and Etherisc, the InsurTech startup developing a protocol for decentralized insurance applications, today announced the launch of, and farmer enrollment in, a blockchain-based platform. Nearly 200 farmers… Continue reading Aon, Oxfam, and Etherisc Launch First Blockchain-Based Agricultural Insurance for Smallholder Farmers in Sri Lanka
Aon and Hi Marley Form Strategic Alliance to Boost Engagement Between Insurers and Customers
Aon plc a leading global professional services firm providing a broad range of risk, retirement and health solutions, has announced a partnership with Hi Marley to improve insurers’ customer engagement through an intelligent SMS texting platform. The evolution of technology has led to growth within the on-demand economy and a fundamental change in the way… Continue reading Aon and Hi Marley Form Strategic Alliance to Boost Engagement Between Insurers and Customers
U.S. Cyber Premiums Up 10% to $2.03B in 2018: Aon Study
A new study by global reinsurance brokerage Aon indicates that cyber premiums grew to just over $2 billion in 2018, roughly a 10% increase from the prior year. Premiums from package business grew modestly, rising 6% year on year, while standalone cyber premiums grew 14%. Premiums for small commercial-focused cyber insurers grew 19%. Additionally, 184… Continue reading U.S. Cyber Premiums Up 10% to $2.03B in 2018: Aon Study
Aon Collaborates with CyberCube to Advance Insurers’ Cyber Risk Aggregation Management
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, has selected CyberCube, a leading provider of cyber risk analytics for the (re)insurance industry, to deliver innovative cyber (re)insurance solutions to its insurance carrier clients and prospects. An extreme cyber event has the potential to deeply impact… Continue reading Aon Collaborates with CyberCube to Advance Insurers’ Cyber Risk Aggregation Management