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Aon
Aon’s take on the state of the Canadian P&C insurance market
September 15, 2020 by Jason ContantThe first quarter of 2020 saw a continuation and acceleration of the Canadian risk and insurance market shift that took hold in 2019, with pricing increases, withdrawn capacity in several key lines of business, tightened terms, and an increasingly rigorous…
Shareholders approve Aon-Willis merger
August 26, 2020 by Greg MeckbachAon plc’s proposed acquisition of Willis Towers Watson plc was approved Wednesday by both firms’ shareholders. The merger still requires approval from competition regulators in various jurisdictions (including Canada) plus the Irish High Court. Aon and Willis Towers Watson rank…
This blockbuster global brokerage merger goes to vote Aug. 26
August 24, 2020 by Greg MeckbachThe industry will be closer to finding out whether the second and third-biggest global P&C brokerages will merge after shareholders of both Willis Towers Watson plc and Aon plc vote on Wednesday. Aon and Willis announced this past March that…
How Aon and Willis are progressing on proposed merger
August 4, 2020 by Greg MeckbachThe acquisition of Willis Towers Watson plc by Aon plc is on track to close in less than a year as Aon officials don’t seem concerned the deal will be blocked by competition regulators. “We are exactly on track with…
Ripple effects
May 7, 2020 Jason Contant, Online EditorHow will the deal between Aon and Willis Towers Watson affect brokers in Canada?
How Aon avoided laying off employees
April 30, 2020 by Adam MalikAon Canada employees will see their salaries reduced as part of an effort to ensure that no one at the company is laid off as a result of the economic upheaval created by the COVID-19 pandemic. The brokerage provided Canadian…
Tech Partnerships
March 12, 2020 Greg Meckbach, Associate EditorDoes Aon’s recent acquisition of CoverWallet signal a trend towards brokerages buying insurtechs?
On why Aon-Willis Towers Watson’s deal was predictable
March 10, 2020 by Jason ContantOne industry professional with a reinsurance background is really not surprised by the announcement yesterday by Aon plc that it intends to acquire Willis Towers Watson for $30 billion in stock. “I think the writing has been on the wall…
Aon plc to buy Willis Towers Watson
March 9, 2020 by Jason ContantGlobal brokerage Aon plc announced Monday it intends to acquire Willis Towers Watson for reportedly nearly $30 billion in an all-stock transaction. “This combination will create a more innovative platform capable of delivering better outcomes for all stakeholders, including clients, colleagues, partners…
Top cyber concerns for Canadian business leaders
February 26, 2020 by Jason ContantBusiness leaders in Canada are concerned about cyber extortion and social engineering fraud, such as business email compromise (BEC) and email account compromise (EAC), Aon reported. “The last year has seen a tremendous increase in cyber-related claims in Canada,” said…
Aon acquires Canadian-based cyber security firm
February 4, 2020 by Jason ContantAon plc has announced the acquisition of Cytelligence, a Canadian-based cyber security firm with deep expertise in cyber incident response and digital forensic investigations. London, UK-based Aon said Tuesday the acquisition will help the brokerage expand its current coverages within…
Aon appoints president of commercial risk and health solutions in Canada
June 4, 2019 by Jason ContantAon plc has appointed Stéphane Lespérance as president of commercial risk and health solutions in Canada. In his new role, Lespérance will be responsible for the day-to-day leadership of the commercial risk and health solution teams in Canada, Aon said…