Aon
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New broker vehicles are setting up amid accelerated softening in D&F. -
During first quarter earnings calls, insurers argued that they can mitigate volatility.
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The executive was previously a top US casualty broker.
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In an economic downturn, the kneejerk reaction is to treat insurance and risk management as a cost.
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The executive had previously been at Aon for over 15 years.
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He takes over from Amanda Lyons, who was promoted to global product leader last year.
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It will be tough to pull off prior goals despite management assurances.
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The broker's share price dipped 11% in morning trading after its Q1 earnings missed expectations.
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The commercial risk and reinsurance units delivered mid-single-digit growth.
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Marsh alleges Aon also went after its clients as well as its employees.
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Insurance Insider US explores the economics of the lift-out growth strategy.
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Insured losses were the second highest on record for the first quarter.
Related
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Vantage’s Patel joins Aon as FI industry lead
July 01, 2025 -
Marsh recruits Aon’s Spiridis as US project risk leader
June 25, 2025