Aon
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The executive makes the move after almost five years at Aon.
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Following two decades at Aon Benfield, he will join Lockton sometime next year after his gardening leave.
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The broker has made a number of recent hires, including in the energy division in London.
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The latest defection continues the stream of talent exiting the broker for Guy Carpenter ahead of Willis’ merger with Aon.
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Cat programmes have been completed this year, but a heavy hurricane season could shake up the market, the broker said.
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The former commercial risk solutions UK CEO returns after a period out of the market.
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The executive says the initial decision to implement salary cuts was taken after “sober analysis” of the situation.
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Tom Baker will become the carrier’s first ever global head to be based in Asia.
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Lloyd's business-planning outlook, Aon-Willis' merger update and the Covid-19 spur to reinsurance buying.
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Several US states were hit by tornadoes, heavy rainfall and large hail in July.
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Aon warns that complying with “second requests” in the US merger review process can take a while.
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The long-serving executive is to depart as clutch of other Australia-based staff resign.
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