Aon
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William Bruce will be responsible for building and leading Aon’s global climate risk consulting team. -
The executive brings more than 15 years of industry experience, having worked for Neon and Validus Reinsurance.
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Growing competition for UK property business kept price increases in check during the quarter.
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CFO Christa Davies will also take responsibility for Aon Business Services as Simon transitions to the industry.
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Becky Allison will work to help clients optimise value through more resilient enterprise structures.
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While still too early to assess the damage fully, Aon believes the impact on property, infrastructure and agriculture will be significant.
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The broker said inflation should positively impact its ability to navigate another recession.
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The broker reported organic expansion slightly below rivals Marsh McLennan and AJ Gallagher.
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Initial loss estimates from convective storms and flash flooding place the economic impact in the hundreds of millions, although Aon warned losses may rise further.
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The first six months of the year also saw more billion-dollar loss events than average.
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Before joining Aon, Rob Sage took a step back from the market after spending more than 20 years at AIG.
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Leonique van Houwelingen will also join the EMEA executive team.
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