WTW
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Dan Melanson will report to executive vice president Rob Fast.
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The arrangement would put former Aon Benfield CEO Andersen at the heart of the largest corporate tie-up so far in 2020.
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Axa XL’s UK financial institutions head Eve Richards and Clyde & Co partner Angus Duncan join the broker.
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Jon Galston has joined as head of the Norway fac team.
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The new one-year delay follows industry lobbying.
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Susan Finbow joined the broker last July from Marsh.
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The terms of the transaction suggest closing could stretch to October 2021 or beyond. -
Battle for talent sparked off by MMC-JLT deal is likely to intensify.
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Meanwhile, Fitch has upgraded the ratings outlook for Willis to positive.
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The CEO predicts new broker start-ups as a result of the fusion.
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Details of structure and leadership to follow within 90 days.
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The mega acquisition will throw off talent and clients but the creation of a giant top two may crush competition.
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