Canadian Underwriter

News BrokersMergers and Aqcuisitions

Stoppage of Aon-Willis combo won’t slow brokerage M&A activity: KPMG Canada deal advisor

July 28, 2021 by Greg Meckbach

Mid-sized brokers need to be careful in their approach to mergers-and-acquisition proposals but the abrupt cancellation of Aon’s $30-billion acquisition of Willis Towers Watson is not going to slow down deal-making within the brokerage sector, a Montreal-based insurance M&A expert

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

How many people Marsh hired amidst ‘distraction and uncertainty’ of Aon-Willis merger discussions

July 26, 2021 by Greg Meckbach

Amid the uncertainty over Aon PLC’s now-scuttled plan to acquire Willis Towers Watson PLC, Marsh & McLennan Companies Inc. increased its staff level by nearly 2,000 during the first half of 2021, Marsh & McLennan CEO Dan Glaser says. “We

News BrokersMergers and Aqcuisitions

Aon-Willis merger no longer going ahead

July 26, 2021 by Greg Meckbach

Aon plc is no longer going to acquire Willis Towers Watson plc. Aon and Willis – the world’s second and third biggest commercial property and casualty brokerage respectively – are terminating their US$30-billion combination agreement, Aon announced Monday. The proposed

News Insurance

Do webinars have a future, post-pandemic?

July 14, 2021 by Adam Malik

Webinars are here to stay, says a brokerage executive. Many organizations turned to webinars following the onset of the global COVID-19 pandemic in March 2020. It was a way to connect, share information, and maintain a foothold in providing expert

News Insurance

Why brokers’ virtual meetings will survive the pandemic

July 8, 2021 by Adam Malik

Virtual meetings during the pandemic have allowed brokers to conduct more structured client meetings with a sharper focus, according to an expert from Aon. Sixteeen months ago, at the onset of the global pandemic, video meetings produced some confusion because

News BrokersInsuranceMergers and Aqcuisitions

Aon-Willis deal under review by Competition Bureau

July 5, 2021 by Greg Meckbach

Canada’s competition regulator is reviewing the proposed merger of global brokerages Aon plc and Willis Towers Watson plc, but the federal government is not saying whether it has actually received any complaints. The US$30-billion deal, originally announced in March 2020,

News Insurance

Your work is about to change. Why working from home won’t be the same

July 5, 2021 by Adam Malik

Working from home more often means a change to the way property and casualty insurance industry professionals do their jobs, as well as the expectations between employee and employer, according to an expert from Aon. “Part of your job duties,

News BrokersInsuranceMergers and Aqcuisitions

Only 3 brokers have the ‘wherewithal’ to place complex large account package: Consultant

June 30, 2021 by Greg Meckbach

Some Fortune 1,000 commercial clients really have a choice of essentially three brokers – Aon, Marsh or Willis – if they are looking for a complete insurance package, a consultant for the insurance industry suggests. In a recent court filing,

Man shopping in a supermarket, breathing through a medical mask
News Insurance

The new flex workplace: Can your boss ask you to work late if you take time off midday?

June 23, 2021 by Adam Malik

As COVID draws to a close, expect the following dilemma to happen more often in a flexible workplace environment. It is one of your days to work from home. You ask your manager if you can take an hour off

News BrokersInsuranceMergers and Aqcuisitions

BFL president reacts to regulator’s effort to prevent Aon-Willis merger

June 23, 2021 by Greg Meckbach

In trying to block Aon plc’s proposed acquisition of Willis Towers Watson plc, the United States competition regulator is off the mark in how it describes the world’s three-biggest property and casualty commercial insurance brokerages, suggests a senior executive with

News BrokersInsuranceMergers and Aqcuisitions

Why the U.S. competition regulator wants to stop the Aon-Willis merger

June 17, 2021 by Greg Meckbach

Almost all large firms in the United States buy their property and casualty insurance through either Marsh, Aon or Willis Towers Watson, the latter two of the ‘Big Three’ having market share of more than 40% in property and liability

Seesaw balance balls concept
News Insurance

What employers and employees can expect of each other in a hybrid future

June 15, 2021 by Adam Malik

It’s reasonable for your boss to ask you to dress appropriately for video calls with clients, but brokers can also reasonably ask for flexible work hours, says an expert from Aon. No matter what the expectations may be, companies and