Aon
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Randolph Re will target ILS deals above $25mn.
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Ewa Rose will become managing director of credit in Aon Reinsurance Solutions’ credit and financial risks team at the start of next year.
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The purchase reflects the broker’s stated acquisition strategy of buying complementary businesses and services and of expanding digitally. -
The broker disputed allegations that it failed to protect a former employee from sexual harassment and terminated her as retaliation.
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The mooted lead-follow arrangement was another bone of contention.
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Dean Jenner's move comes just over two weeks after the broker’s promotion.
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Aon's Robert Johnston takes the Bermuda chairman role, with incumbent John Fletcher moving to the regional CEO post.
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Aon said that it has lost two clients, including one it had for over 20 years, in the past two weeks after several employees left for Alliant.
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MMC and Brown & Brown stock has risen today after the firms released their results.
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The broker says the move will have little operational impact.
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The broker promises limited operational upheaval from the Brexit-related move.
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A report by digital security firm McAfee in August indicates ransomware attacks have more than doubled in 2019.
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