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Commercial

Aon launches M&A warranty alternative

Aon Limited has today unveiled an innovative insurance product called Warranty Replacement and Acquisition Protection, to replace the usual giving of warranties by a seller to a buyer in a merger and acquisition.

Room targets insurance start-ups

A new IT service that claims it can reduce time, risk and costs associated with creating new insurance companies in London, Bermuda and Dublin is being launched by Room Solutions, a specialist supplier of IT systems to the commercial insurance sector,…

Rebuilding a business

Hard-nosed, focused, driven, affable and disarming are a few of the words used to describe Andy Haste, chief executive of a rejuvenated Royal and Sun Alliance. He talks to Anthony Gould about life at the insurer in his first three years

Aon cuts 750 UK jobs in restructure

Aon UK today embarked on a major restructuring of its UK insurance broking and risk management operations. As part of this process, the company anticipates taking actions that will reduce employee numbers by up to 750 out of a total 6800 UK workforce…

AMG in management buyout

Hermes Private Equity has backed a £62m management buyout of Ashworth Mairs Group, as predicted by Post Magazine last week (PM, 29 September 2005, p1).

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