Aon Anticipates Further Challenges for Insurance Buyers in Europe

Aon on Jan 1 renewals

A new report, “Navigating a Changing Insurance Market,” released today by Aon plc, the leading global professional services firm providing a broad range of risk, retirement and health solutions, has found that the commercial European insurance market is at the cusp of a more consistent shift towards firming market conditions, that will have a strong… Continue reading Aon Anticipates Further Challenges for Insurance Buyers in Europe

Severe Weather Continues in U.S with Further $1Bn+ of Damage Expected: Aon

Aon on Jan 1 renewals

Aon expects economic losses to once again exceed $1 billion, after severe thunderstorms and flooding continued to impact Central and Eastern areas of the U.S through the week of May 24-30. The broker anticipates that insurers and reinsurers will cover the majority of wind and hail-related damage during this period. Losses will follow an extremely… Continue reading Severe Weather Continues in U.S with Further $1Bn+ of Damage Expected: Aon

Aon and CoverWallet Announce Commercial Partnership

MGAs insurance companies

Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, and CoverWallet, the market-leading digital insurance company for small businesses, announced today that they have entered into a commercial agreement to serve clients in Australia. The parties are in the process of expanding this partnership to additional… Continue reading Aon and CoverWallet Announce Commercial Partnership

Aon and Guy Carpenter Partner with The Institutes RiskStream™ Collaborative to Streamline the Reinsurance Placement Process

Aon on Jan 1 renewals

The Reinsurance Solutions business of Aon plc, and Guy Carpenter, a subsidiary of Marsh & McLennan Companies, are pleased to announce a joint effort with The Institutes RiskStream™ Collaborative to bring greater efficiency to the reinsurance placement process through distributed ledger technology (DLT). The collaboration leverages advancements in blockchain and DLT technology and existing industry… Continue reading Aon and Guy Carpenter Partner with The Institutes RiskStream™ Collaborative to Streamline the Reinsurance Placement Process

Aon Says Schemes Continue to Increase Member Support at Retirement

Aon on Jan 1 renewals

Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, has said that UK defined benefit (DB) pension schemes are continuing to offer more support to members for their decision making at retirement, with almost one in five schemes now including personalised transfer value figures in retirement… Continue reading Aon Says Schemes Continue to Increase Member Support at Retirement

Executives from Aon and Willis Towers Watson Named 2019 IICF Inclusion Champion Award Winners

IICF holds future of work reform

The Insurance Industry Charitable Foundation (IICF) today announces that Nina Boone of Aon and Linde Hotchkiss of Willis Towers Watson have been named winners of its 2019 Inclusion Champion Award. The award honors the extraordinary contributions of insurance industry professionals working to advance diversity within the field. IICF also recognized Gisselle Acevedo of the Ackerman… Continue reading Executives from Aon and Willis Towers Watson Named 2019 IICF Inclusion Champion Award Winners

Aon Launches Digital Wellbeing Platform with Dacadoo to Improve Health

Aon on Jan 1 renewals

Aon plc announced the future launch of a new digital health engagement platform with dacadoo, a leading health technology firm, to help organizations enhance business performance by improving the health and wellbeing of their workforce. Through Aon’s Well One application, which utilizes dacadoo’s digital health score platform, employees will be offered digital one-to-one coaching and… Continue reading Aon Launches Digital Wellbeing Platform with Dacadoo to Improve Health

Reinsurers Remain Resilient Despite Two Years of Heavy Natural Catastrophe Losses: Report

Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches the latest edition of its Aon’s Reinsurance Aggregate (ARA) report, which analyses the 2018 financial results of 23 major reinsurers*. These companies represent around half of the world’s non-life reinsurance premiums and a large majority… Continue reading Reinsurers Remain Resilient Despite Two Years of Heavy Natural Catastrophe Losses: Report

Aon Reports Risk Readiness Drops to Lowest Level in 12 Years

Businessman hand stopping falling blocks on table.

Economic and global trade concerns are challenging organizations’ ability to invest adequately in preparing for and protecting the continuity of their operations, according to findings from Aon’s 2019 Global Risk Management Survey. “Companies of all sizes are struggling to prioritize their risk management efforts amid so much change and uncertainty,” said Rory Moloney, chief executive… Continue reading Aon Reports Risk Readiness Drops to Lowest Level in 12 Years

Aon Profits Up in Q1 with 9% Income Boost

Aon see 5% growth in Q1 2024

Global insurance and reinsurance broker Aon grew its operating income by 9% to $872 million in the first quarter of 2019, partly due to strong organic revenue growth in its Commercial Risk Solutions and Reinsurance Solutions businesses. Operating income also improved by 8% on an adjusted basis due to organic revenue growth and savings from… Continue reading Aon Profits Up in Q1 with 9% Income Boost