General Insurance Article - Aon completes acquisition of Stroz Friedberg


Aon Risk Solutions announced it has completed its acquisition of Stroz Friedberg, Inc., a leading global risk management firm based in New York City, with offices across the U.S. and in London, Zurich, Dubai and Hong Kong. Financial terms were not disclosed.

 "We welcome our new Stroz Friedberg colleagues to Aon," said Mike O'Connor, chief executive officer, Aon Risk Solutions. "We have brought together two of the world's most highly-skilled and accomplished teams focused on cyber risk transfer, mitigation, advisory, and response. As we work to help clients understand and mitigate new and evolving risks in a rapidly changing world, they will now have access to the most advanced thinking and solutions in the industry."

 Stroz Friedberg's more than 550 colleagues are joining Aon's Cyber Solutions Group. Michael Patsalos-Fox, Stroz Friedberg's chief executive officer, will become the chief executive officer and co-chair of Aon's Cyber Solutions Group. John Bruno, Aon's executive vice president of enterprise innovation and chief information officer, will join Patsalos-Fox as co-chair of this new group.

Back to Index


Similar News to this Story

Cyber Insurer market demand may rise as new threats emerge
Demand for cyber insurance is set to grow amid a spate of high-profile attacks, according to a new market report from Bloomberg Intelligence (BI). BI
Insurance industry detects GBP1bn worth of fraudulent claims
Cracking down on insurance fraud remains a top priority for the industry, the Association of British Insurers (ABI) has said today, as its latest figu
MGAs find new function as innovation sandboxes
Global Insurance Law Connect (GILC) has launched its report, Innovation abounds: opportunities for growth in the global MGA market, providing insights

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.