Global insurance and reinsurance broker, Aon, has announced the combination of its Construction & Engineering and Inland Marine teams into a single practice within its Reinsurance Solutions operation. The new unit will be known as the Global Construction & Inland Marine practice group, and Aon states that its formation reflects recognised synergies in the separate… Continue reading Aon Creates New Global Construction & Inland Marine Unit
Tag: Aon
Aon Unlocks Insurance Trends from Its Unstructured Documents through Groundspeed’s AI
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, has uncovered invaluable insights by identifying 170 million data points from historical insurance documents with the help of Groundspeed’s artificial intelligence technology. Insurance carriers receive over a billion pages of documents each year in support of underwriting,… Continue reading Aon Unlocks Insurance Trends from Its Unstructured Documents through Groundspeed’s AI
Aon Announces 10% Increase to Annual Cash Dividend
Aon plc, the leading global professional services firm providing a broad range of risk, retirement and health solutions, announced today that its Board of Directors has authorized a 10% increase to its annual cash dividend paid quarterly on Aon’s outstanding Class A Ordinary Shares. Consistent with the increase in the dividend, the Board of Directors… Continue reading Aon Announces 10% Increase to Annual Cash Dividend
Aon Recognized As A Strong Performer for Cybersecurity Incident Response Services
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, announced today that Forrester Research named the firm a Strong Performer in its report, The Forrester Wave™: Cybersecurity Incident Response Services, Q1 2019, including a ranking among the top four in the current offering category. The Forrester… Continue reading Aon Recognized As A Strong Performer for Cybersecurity Incident Response Services
Aon and Zesty.ai Revolutionize Underwriting with Property Data Solution Powered by Artificial Intelligence
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, has established a strategic alliance with Zesty.ai, an InsurTech startup based in the San Francisco Bay Area. Zesty.ai’s technology enhances insurers’ underwriting through access to more than 130 billion data points on buildings and their surroundings which… Continue reading Aon and Zesty.ai Revolutionize Underwriting with Property Data Solution Powered by Artificial Intelligence
Aon’s New Ventures Group Accelerates the Firm’s Intellectual Property Solutions
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announces its commitment to further develop its innovation portfolio and deliver new sources of value to clients through the New Ventures Group (NVG). The NVG is now formally sponsoring the firm’s Intellectual Property Solutions (IPS) to… Continue reading Aon’s New Ventures Group Accelerates the Firm’s Intellectual Property Solutions
Trump Organization’s Insurance Broker Subpoenaed for Documents
New York State regulators have issued an expansive subpoena to the Trump Organization’s longtime insurance broker, the first step in an investigation of insurance policies and claims involving President Trump’s family business, according to the company and a person briefed on the matter. The subpoena was served late Monday on the company, Aon, one of… Continue reading Trump Organization’s Insurance Broker Subpoenaed for Documents
Aon No Longer Pursing Willis, Just A Day After Possible Merger Confirmed
It’s not often that you hear about a $24 billion deal brewing in the financial services industry. It’s even rarer that it goes from confirmation to breakup in less than a day. On Tuesday afternoon, Aon Plc confirmed a Bloomberg News report that it was considering a tie-up with Willis Towers Watson Plc — a… Continue reading Aon No Longer Pursing Willis, Just A Day After Possible Merger Confirmed
Insurer Aon in Talks to Buy Rival Willis Towers Watson
Aon Plc is considering buying rival insurance brokerage Willis Towers Watson Plc, Bloomberg reported on Tuesday, citing people familiar with the matter. Aon is preparing to submit a bid for Willis Towers in the coming weeks and the two companies have also held preliminary talks, the report said. With an acquisition of Willis Towers, Aon… Continue reading Insurer Aon in Talks to Buy Rival Willis Towers Watson
Chubb Partners with Impact Forecasting to Develop New Terrorism Risk Model for New York City
Chubb announced on Friday a partnership with Impact Forecasting, Aon’s catastrophe model development center of excellence, to develop a new terrorism risk model for Manhattan in New York City and other dense urban environments. Risk modelling specialists from Chubb and Impact Forecasting are utilizing a unique approach to model terrorism exposures in order to enable… Continue reading Chubb Partners with Impact Forecasting to Develop New Terrorism Risk Model for New York City