Aon

The broker grew organically in all divisions and comfortably beat analyst earning expectations by 11%.

The broker joins after a brief spell at Aon, where he was head of EMEA business development.

The new company will provide D&O coverage with limits up to $5mn, as well as EPL, fiduciary liability, and limits in excess of primary management liability programs.

The broker reported that only 2% of family offices and “very few” individual households in the high-net-worth market carry comprehensive cyber coverage.

The executive said the pandemic had ratcheted up the level of volatility faced by clients.

The broker’s new program is made to educate students on the fundamentals of risk management through guest lectures, internships and an Aon/Spencer Educational Foundation Course Development Grant.

Higher returns are available, but at the cost of increased revenue risk, slower results and potential cultural challenges.

AIG joins Aon, Zurich in industry apprenticeship program that aims to draw in young talent, improve diversity efforts.

The brokers will have until early 2023 to settle the case via private mediation or the case will move forward to a jury trial that could last between seven and 10 days.

The Inside P&C research team looks forward to the big issues of the new year.

The SME specialist InsurTech was launched in 2015 and acquired by Aon in 2020.

Inside P&C dissects the biggest deals of the year across broking, commercial lines and InsurTech.