Alliant
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Right now firms pursuing this strategy are winning, although there are some potential slow-burn issues to watch.
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The broker said it intends to vigorously defend itself against Aon’s allegations concerning the departure of fac re employees.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Aon claims that Alliant has poached around 32% of Aon’s facultative reinsurance group, including 18 of the 25 Aon employees in the casualty fac team at all levels.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The fac-focused reinsurance unit expects to expand into treaty over the next year and attract additional talent to boost its operations.
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Increased cost of capital is cooling tuck-in M&A, encouraging a pivot to organic growth and forcing greater creativity around financing.
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The cases were filed in California and Florida courts, states where non-competes are currently treated differently, and followed the FTC’s move to ban them.
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The proposed change could disrupt M&A at brokers, shift the calculus in favor of team lifts and dial up C-suite focus on becoming an employer of choice.
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The executive will focus on business development, strategy and execution in the Northeast.
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All claims in the case were dismissed with prejudice, barring the parties from bringing the dispute to another US court.