AJ Gallagher
Intelligence: The future of construction insurance
Between geopolitics, a health crisis, climate change and rising costs, it’s clear the construction industry is operating within an uncertain environment at the moment. Could evergreen policies be the answer?
Gallagher to buy Willis Re for up to $4bn
Gallagher has agreed to pay up to $4bn (£2.9bn) for Willis Re's treaty reinsurance brokerage operations, reviving the deal that was called off when Aon’s takeover of Willis Towers Watson collapsed.
Insurance Cyber Incident Tracker
Data rich insurance businesses have been warned they are a prime target for cyber criminals, with major firms facing up to cyber disruption and ransomware attacks. Who has been affected?
Analysis: Inside two years of insurance data breach reports
Exclusive: Insurers, brokers and other firms within the industry have made 315 data breach reports over two years, with many of the best known businesses in UK insurance among those to notify and cyber a growing concern.
FCA looking into Besso ‘secret profits’ allegations
The Financial Conduct Authority’s supervision team has sought further documents relating to a hotel group’s $10m “secret profit” allegations against Besso, Post understands.
Willis Re 'only business' WTW exploring strategic alternatives for: Haley
Willis Towers Watson is exploring "strategic alternatives" for Willis Re but not other parts of the business, CEO John Haley said on Tuesday.
Aon expects $350m of extra costs after WTW deal termination
Aon expects additional charges of up to $400m (£288m) from the cancelled Willis Towers Watson deal.
Analysis: Insuring NFTs
Non-fungible tokens have soared in value and popularity but insurance protection for the digital assets remains up in the air.
Case: Refusal to compromise client and colleague priorities behind merger cancellation
Aon CEO Greg Case has stressed in a letter to clients that the broker was confident of winning the US Department of Justice court case as he laid out the reasons for walking away from the Willis Towers Watson deal.
GRP deal for WTW NI business still on after mega-merger collapse
Global Risk Partners has confirmed to Post that its agreement with Willis Towers Watson to buy WTW’s commercial risk and broking business in Northern Ireland will still go ahead despite the cancellation of the WTW-Aon merger.
Gallagher to cancel debt and investigate share buyback as Willis Re deal thwarted
Arthur J Gallagher has confirmed the termination of its deal to buy certain assets from Willis Towers Watson including Willis Re for $3.57bn (£2.52bn) and laid out plans for the funds as the Aon-WTW merger collapsed.
Aon share price soars as WTW and Gallagher’s dip after mega-deal termination
Aon’s share price rose as its mega-merger with Willis Towers Watson was terminated, while its deal partner and rival Gallagher’s fell.
Aon-WTW merger cancelled after DOJ legal impasse
Aon and Willis Towers Watson have ended their merger plans, citing the “impasse” with the US Department of Justice.
European Commission approves Aon/WTW merger on condition of divestitures
The European Commission has approved Aon’s $30m (£22m) takeover of Willis Towers Watson, on the condition that parts of WTW’s business are divested.
Regulators mull targets, disclosures and individual accountability to spur on D&I at financial services firms
Regulators are considering a range of policy options to boost diversity and inclusion in the financial services sector, including the use of representation targets and making senior managers directly responsible for D&I within their firms.
View from the Top video: Reflections on the pandemic with Gallagher’s Sue Langley
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 Sue Langley, non-executive director at Gallagher, speaks about how brokers and insurers can repair the reputational damage done to the industry by the pandemic.
Aon and Willis Towers Watson antitrust court date set for November
Aon and Willis Towers Watson have been given a November date for the start of their antitrust trial against the US Department of Justice, which has objected to the proposed merger.
Government considering event insurance scheme in case of 'market failure'
The government is prepared to explore an insurance scheme for live entertainment in the event of a market failure, the secretary of state for digital, culture, media and sport Oliver Dowden has said.
Boardroom video: Leadership, decisions and management in modern insurance
In this video recorded as part of the Insurance Post Live Annual Conference 2021 an expert panel answer questions including:
Gallagher confirms personal data accessed in cyber attack
Gallagher is notifying “potentially affected” individuals and entities after an investigation showed systems affected by last year’s cyber incident held medical information, credit card information and more.
Adaptability and development front of mind as firms look forward to hybrid working
Boardrooms will need to remain adaptable as firms move to new working models in the wake of lockdown restrictions lifting, according to panellists at the Post LIVE annual conference.
Tom Wakefield named Gallagher Re CEO ahead of Willis Re merger
Gallagher has revealed that Tom Wakefield will become CEO of Gallagher Re taking over from Simon Behagg.
Seventh annual Dive In festival to call out performative allyship
The insurance industry’s annual diversity and inclusion festival, Dive In, will be held in September and will combine virtual and physical events, it has been confirmed.
Pen recruits Neil Bowdrey as first head of D&O
Pen Underwriting has appointed Neil Bowdrey to the newly created role of head of D&O as it looks to expand its presence in the directors’ and officers' insurance sector, Post can reveal.