Aon
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However, group organic growth among public brokers has slowed to pre-pandemic levels.
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Price decreases became lower throughout Q2, however, averaging 3% in April, 2.3% in May and 1.6% in June.
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Andrew Laing succeeds Rupert Moore, who will become reinsurance CEO for Asia Pacific.
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The broker has noted that double-digit reductions are increasingly available in property.
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In part II of our series, we look at where AI is being integrated into claims departments.
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The facility was previously for commercial risk clients.
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The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
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The broker has nearly 20 years of experience in the reinsurance and retro markets.
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The impact on the (re)insurance market has been muted due to its strong capital position.
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The former Lloyd’s CEO is also eligible for a target $5mn annual equity award.
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A look into how the insurance industry is using AI and where practical gains are arising.
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