Aon buys Willis Towers Watson for $30 billion - LeadCloud News
Aon buys Willis Towers Watson for $30 billion
17 March 2020

Aon buys Willis Towers Watson for $30 billion

Insurance brokers have been seeking ways to scale up their businesses advising corporate clients on new and evolving threats. Marsh & McLennan Cos., which will be supplanted as the biggest brokerage when Aon’s deal is completed, said its purchase of Jardine Lloyd Thompson Group Plc for $5.7 billion last year was a bet on the “age of risk.”

“When you think about what’s going on with clients, volatility in the world is increasing,” Aon Chief Executive Officer Greg Case said in a phone interview. “All the traditional risks, just the traditional basket, is actually bigger than ever before and then now you’ve got all the non-traditional stuff kicking in.”

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