Aon, a global professional services firm, is seeing noteworthy activities in both business operations and legalities. The organization faced a
class action lawsuit over data breach, with exposure of sensitive data from 146,000 customers. A $7.5 million settlement with Centerra in a 401(k) class suit was also noted, along with a payment of $4.5 million to exit a similar Centerra lawsuit. On the financial front, Aon marked a considerable
10% revenue increase in Q3 2023, alongside a 10% boost to quarterly cash dividends, supplemented by an additional $7.5 billion share repurchase authorization. Innovation at Aon appears imminent, with a successful completion of a
pilot insurance scheme using blockchain technology. Also, Aon plans to amalgamate with Willis Towers Watson to expedite client-based innovation. It showed commitment to eco-conscious practices through its partnership with Revalue Nature for global decarbonization initiatives and the launch of a Climate Hub in Singapore. An acquisition was reported of Inspiring Benefits by Aon's Iberia arm, while another significant business move recorded was the procurement of the US and UK reinsurance brokerage business from Gallagher Re.
Aon Plc Class A AON News Analytics from Tue, 11 Dec 2012 08:00:00 GMT to Wed, 29 May 2024 07:34:00 GMT -
Rating 2
- Innovation 4
- Information 2
- Rumor -3
