Aon
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Gartner accuses the broker of breaching its fiduciary duty and negligent misrepresentation for selling policies that didn’t cover its losses from pandemic-canceled events.
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While brokers continue to report positive earnings, the possibility of a downturn shouldn’t be discounted.
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The first six months of the year also saw more billion-dollar loss events than average.
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The complaint was filed on July 14 in the Superior Court of Suffolk County in Massachusetts.
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Inside P&C’s news team runs you through the key highlights of the week.
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Industry veteran John Katilus is joining from Marsh, where he last served as SVP, specializing in the renewable energy sector.
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The sector was hit by a rough first half of 2022, with more to come in the second half of the year.
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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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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The executive will join Aon as head of global digital placement platforms.
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Reinsurer capital fell 8% in Q1 to $645bn on the back of mark-to-market losses, as nat-cat capacity contracted materially for the first time since the 2004-2005 hurricane season.
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The brokers expect to reach an out-of-court agreement to end the poaching case in south Florida within two weeks.