Eric Andersen, president of Aon
Aon’s merger with Willis Towers Watson will create the world’s biggest broker and reshape the broking landscape in the process. Eric Andersen, president and member of the global executive committee, Aon, spoke to Intelligent Insurer to discuss the implications of the deal in the context of a fast-changing world and the increasingly complex needs of clients.
What are the basics of the deal?
We announced our intent to combine with Willis Towers Watson through an all-stock transaction, on March 9, 2020. In late August we received overwhelming support from the shareholders of both firms and are progressing along through the process as anticipated. We expect to close in the first half of 2021.
Aon and Willis Towers Watson share a commitment. We are dedicated to helping clients meet rapidly changing, increasingly complex challenges.
Our world is becoming more volatile and interdependent than ever before, creating risks that are more interconnected and severe. While Aon and Willis Towers Watson have both made real progress in the industry, there is a reality that client needs continue to outpace innovation. By taking a bold step to bring our organisations together, we combine complementary solutions, capabilities, skillsets, and expertise that will allow us to accelerate innovation more quickly to address these unmet client needs.
Aon, willis Towers Watson, Merger & Acquisitions, Insurance, Reinsurance, Eric Andersen, North America, Global