Aon

In tandem, the firm elevated Cynthia Beveridge as global chief broking officer for commercial risk.

Broker and commercial carrier trends separate as inflation slows but rates stay elevated.

The five-person underwriting team will be led by Ian Lewis, who has been named head of intangible assets.

Aon’s Global Risk Management Survey also places failure to attract or retain top talent in the fourth spot.

Aon’s three-year plan will allow the firm to go “further faster” in serving clients with increasingly complicated needs, as well as creating additional operating leverage that will create the opportunity for Aon to deploy capital more broadly, CEO Greg Case told this publication.

Inside P&C runs you through the highlights and exclusive news broken by our team this week.

The decline marked the sixth consecutive quarter of double-digit pricing declines.

Current EMEA CEO Eduardo Dávila is to leave the firm to “pursue the next chapter” of his career.

Jeff Alpaugh spent 34 years at Marsh McLennan, last serving as its US chief country officer.

The 3x3 plan takes the things about the firm over the last decade that have been distinctive and intensifies them.

The plan is projected to deliver savings of $100mn in 2024, $250mn in 2025 and $350mn in 2026.

Aon’s three-year plan will allow the firm to go “further faster” in serving clients with increasingly complicated needs, as well as creating additional operating leverage that will create the opportunity for Aon to deploy capital more broadly, CEO Greg Case told this publication.