Alliant
-
The broker said it intends to vigorously defend itself against Aon’s allegations concerning the departure of fac re employees. -
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
Aon claims that Alliant has poached around 32% of Aon’s facultative reinsurance group, including 18 of the 25 Aon employees in the casualty fac team at all levels.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The fac-focused reinsurance unit expects to expand into treaty over the next year and attract additional talent to boost its operations.
-
-
Increased cost of capital is cooling tuck-in M&A, encouraging a pivot to organic growth and forcing greater creativity around financing.
-
The cases were filed in California and Florida courts, states where non-competes are currently treated differently, and followed the FTC’s move to ban them.
-
The proposed change could disrupt M&A at brokers, shift the calculus in favor of team lifts and dial up C-suite focus on becoming an employer of choice.
-
The executive will focus on business development, strategy and execution in the Northeast.
-
All claims in the case were dismissed with prejudice, barring the parties from bringing the dispute to another US court.
-
The announcement is the latest as part of the newly created vertical Alliant Cyber, along with Hall and Stampfl from Aon.
Most Recent
-
AM Best downgrades Pure’s financial strength rating to A
June 02, 2023 -
M&A weekly roundup: MMA, Gallagher, Inszone and more
June 02, 2023
