Aon
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The plan is projected to deliver savings of $100mn in 2024, $250mn in 2025 and $350mn in 2026.
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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.
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The broker’s share price fell by around 4% after the announcement of its Q3 results and extended restructuring program.
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The group will look to deliver more integrated solutions to clients through increased tech spend, and will look to scale back headcount.
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The executive’s career to date includes key claims roles at Chubb and Swiss Re.
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Podmore joins from Swiss Re, where he held the role of lead cyber underwriter.
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Creditors already have authorisation to access Vesttoo’s data as part of their investigation.
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Caccamese spent nearly six years at rival broker Guy Carpenter prior to joining Aon.
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The motion seeks discovery of information and documents about the structure and operation of White Rock’s cells.
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Mallen previously spent over 10 years at Chaucer, most recently as a US casualty reinsurance underwriter.
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Aon Re Brazil CEO Antonio Jorge Rodrigues and four other executives have left the firm and are expected to join rival broker Howden, this publication has learned.
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The business has engaged with the AssuredPartners process, and has also met with a range of other private brokers including Galway and NFP.
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