What’s New: In Brief (July 20, 2009)

Aon Reed Stenhouse Inc. has acquired IAO Actuarial Consulting Services.
The terms of the deal were not announced.
IAO’s capabilities will be integrated into Aon’s Global Risk Consulting business, which provides a range of services from risk identification and control to assessment and risk financing, the company notes in a release.
The acquisition of IAO will augment Aon Global Risk Consulting’s actuarial and analytics practice in Canada, the company goes on to note.
“Our team is well-positioned to provide Canadian businesses with the insurance information they need to meet today’s challenges,” IAO Actuarial Consulting president Hany Rifai said in the release. “IAO’s ability to deliver unique market insight will be a strong complement to the Aon Global Risk Consulting actuarial and analytics offering in Canada.”

Rick Morgan has been named interim CEO of Applied Systems Client Network (ASCnet).
Most recently, through his own consulting firm and in association with insurance branding firm Aartrijk, Morgan has worked with agencies and other industry organizations to help improve their effectiveness and tap new technology to better engage customers and prospects.
He is a director at-large for the Independent Insurance Agents & Brokers of New York and chairs the IIABA Agents Council for Technology Web 2.0 working group.