Aon
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Damage from windstorms that swept across the central and eastern United States from 21 to 23 March could cause hundreds of millions of dollars in economic and insured losses, according to the Aon Impact Forecasting weekly cat report.
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He will lead strategy and development for the team, which provides consulting and software.
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The second of Insurance Insider’s deep-dive analysis pieces on innovation examines the internal structures and opportunities that can accelerate innovation.
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In his new role, Merlo will be primary contact for claims officers handling difficult claims.
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The earthquake on Wednesday night caused power cuts for more than 2.2 million homes.
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The first of a two-part series on innovation examines the barriers blocking product innovation in the P&C market.
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The firm made the announcement soon after Marsh McLennan took a similar decision earlier today.
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Aon took a top five spot in the independent magazine’s list of the top 10 most innovative finance companies.
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The broker’s appointment of Jim Fiore follows his decision last year to leave QBE after nearly 30 years at the carrier.
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Following the cyber incident, the broker launched an investigation with the support of third-party advisers, incident response professionals and counsel.
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The broker will also sit with Marsh McLennan/Guy Carpenter, WTW and Lockton Re on ABIR’s broker advisory cabinet.
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Ntsoaki Ramabulana and Hayley Clarke have been added to the executive committee, while Idelia Hoberg has been appointed to run the new life and health reinsurance programme.
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