Latest news with #Aon
Zawya
16 hours ago
- Business
- Zawya
Golf Saudi and Aon joined forces to empower women's golf at the PIF London Championship
London the latest iconic stop for the PIF Global Series which showcases the world's best women golfers at landmark courses The Series, part of the Ladies European Tour, features five tournaments across three continents with a combined prize pool of $13 million Centurion Club, London: Golf Saudi confirmed that global professional services firm Aon sponsored the PIF London Championship, which took place at Centurion Club. The support from Aon plc (NYSE: AON) as official partner for the event, which started on Friday and concluded on Sunday, underscored a shared purpose and global commitment with Golf Saudi to empower female athletes on the world stage. The PIF London Championship, one of the premier events in the women's global golfing calendar, also provided a powerful platform for Aon to showcase its brand and expertise to an international audience. The star-studded field in London featured world-class stars and rising talents, including Golf Saudi ambassadors Celine Boutier, currently ranked 17th in the world, Anne Van Dam of the Netherlands, and Denmark's Emily Pedersen, winner of the Saudi Ladies International in 2020. London was the third iconic stop in the PIF Global Series this season, following tournaments in Saudi Arabia and South Korea. Spain's Carlota Ciganda, another Golf Saudi ambassador, also featured among the standout names. A Solheim Cup regular and eight-time LET winner, she arrived in strong form following her recent LPGA victory at the Meijer Classic and a season-ending win on home soil in Spain in 2024. Julie Page, CEO for Aon's Europe, Middle East and Africa region, said: 'We are proud to support the advancement of women's golf on the world stage and help generate the visibility the sport deserves. Congratulations to all the inspirational women who took part.' Aon and Golf Saudi shared a common purpose in aligning with the Kingdom of Saudi Arabia's Vision 2030, seeking to not only elevate female athletes but diversify the economy, promote tourism, and enhance the quality of life through sports and entertainment. Samer AlFayez, CEO for Aon in Saudi Arabia, said: 'This collaboration underscored our worldwide support of women's golf, but also our commitment to Vision 2030." 'We believe in the power of sport to inspire positive change and international engagement and look forward to contributing to Saudi Arabia's growing legacy in global golf and supporting the nation's transformation journey.' Golf Saudi organises the prestigious line-up of tournaments in the PIF Global Series and delivers a range of engaging on-site activities and campaigns designed to inspire women and girls of all abilities to play, enjoy and explore the growing career opportunities within the sport. By opening up new pathways, Golf Saudi is helping to make golf more accessible and inclusive than ever before. Noah Alireza, CEO of Golf Saudi said: 'This partnership with Aon reflected the kind of global collaboration that aligns with Golf Saudi's ambition to drive impact through sport. Women's golf is not just gaining momentum—it is defining a new era of growth, excellence, and opportunity. Through the PIF Global Series, and with committed partners like Aon, we are not only elevating the professional game, but creating pathways that connect Saudi Arabia's vision with global progress." Dalya Katoah, Chief Marketing and Demand Officer at Golf Saudi, said: "Anchoring golf in Saudi Arabia is about more than building courses — it's about embedding the sport into our culture, creating pathways for local talent, and ensuring women's golf is a visible and celebrated part of our national story. Partnerships like this with Aon help us connect that vision to the global stage, showcasing Saudi Arabia as both a home for the game and a driver of its future." For more information about the PIF London Championship, visit:
Yahoo
4 days ago
- Business
- Yahoo
Aon company NFP buys UK-based Bspoke Insurance Group
NFP, part of Aon, has acquired Bspoke Insurance Group, a company that operates in the niche market of managing general agents and underwriters. Financial terms have not been disclosed. With its headquarters in Leeds, Bspoke has a network of offices across the UK, including locations in Shropshire, Gloucestershire, Essex, Liverpool and London. The group was established in 2022 following the merger of Precision Partnership with UK General Insurance Group. Bspoke offers insurance products to sectors such as commercial enterprises, haulage and transportation, high-net-worth individuals, leisure, lifestyle, property and trades. Bspoke's operational model, which emphasises IT and data, allows it to function in a similar way to a virtual insurer, encompassing capabilities from sales and underwriting to pricing and business intelligence. Bspoke will retain its operational independence, with its management team integrating into NFP's European structure under the leadership of NFP Europe president Matt Pawley. The existing brands within Bspoke will continue to operate without changes to their identities. Pawley said: 'I am excited to welcome the talented team at Bspoke to NFP. With their industry experience, diverse range of specialist solutions and customer-centric approach, they have driven exceptional growth and client retention. 'The Bspoke team will strengthen our existing suite of insurance solutions while expanding our technical underwriting expertise and specialist product knowledge.' Bspoke founder Tim Smyth stated: 'NFP offers Bspoke a fantastic opportunity to build on the platform we have developed over the past two years. 'With NFP's support, we can drive strong organic growth, attract top talent and pursue further acquisition opportunities to sustain Bspoke as a leading niche and specialist player with a relentless focus on meeting dynamic client needs.' Last month, NFP acquired US-based Levine Group, which provides insurance and investment management. "Aon company NFP buys UK-based Bspoke Insurance Group " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Business Journals
5 days ago
- Business
- Business Journals
Executive Insights: Pete Romano, executive vice president, North American Real Estate & Hospitality Leader at Aon (video)
Dallas Business Journal Market President and Publisher Ollie Chandhok sits down with Pete Romano – Executive Vice President, North American Real Estate & Hospitality Leader at Aon.
Hans India
7 days ago
- Business
- Hans India
Rising AI-Driven Cyber Attacks and Geopolitical Tensions Shaping India's Cyber Risk Landscape, Aon Study
Aon plc (NY SE: AON), a leading global professional services firm, has released the Asia Pacific (APAC) findings from it s 2025 Cyber Risk Report. T he report underscores the increasing complexity of artificial intelligence (AI) driven cyber attacks and the prevalence of geopolitical tensions on cyber risks in the region. This report is based on Cyber Quotient Evaluation (CyQu) scores from 3,226 Aon clients in 2024 across APAC, EMEA, LATAM and North America, which analysed more than 1,400 global cyber events to identify trends in the evolving cyber threat landscape. The CyQu database benchmarks over 10,000 clients and has 20,000 client users. The report signals that APAC is experiencing significant growth in cyber claims notifications, driven by the rising frequency and sophistication of cyber incidents. Geopolitical forces, such as trade tensions, territorial disputes and reconfigurations of the global supply chain, are shaping how APAC companies manage cyber risk. 'In 2025, global and regional geostrategic tensions remain a key driver of cyber risk for companies in APAC. This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate grey-zone operations for the purposes of economic coercion, corporate espionage, or to harm regional rivals by targeting strategically important economic infrastructure,' said Adam Peckman, head of risk consulting and cyber solutions in APAC and global head of cyber risk consulting at Aon. 'As cyber threats grow more complex and interconnected, companies need a clearer view of their exposure, stronger alignment between cyber security and insurance strategies, and the tools to make better, data-driven decisions,' added Peckman Key Findings: In APAC, cyber incident frequency rose 29 percent year-over-year and up 134 percent over the past four years (2020-2024). There was a 22 percent rise in cyber insurance claims notifications in 2024. The rise in AI-driven deepfake attacks resulted in a 53 percent increase in social engineering incidents year-over-year. Claims involving social engineering and fraud increased by 233 percent. Of the 1,414 global cyber events analysed, 56 developed into reputation risk events, which are defined as cyber incidents that attract significant public attention. Companies affected by these reputation risk events experienced an average shareholder value decline of 27 percent. Trends In India as seen by Aon: Threat actors are introducing malicious files into enterprise systems, establishing connections to malicious IP addresses, facilitating unauthorized remote access and control. Threat actors are leveraging stolen data to demand ransom and are threatening to publish sensitive information on the dark web if their demands are not met. Access keys stored on corporate-issued devices are being exploited to breach virtual servers hosted in cloud environments, underscoring the importance of secure credential management. Once inside a network, attackers are navigating between production and non-production environments, increasing the scope and impact of their intrusion. Cyber insurers in India are increasingly requiring businesses to demonstrate a baseline of cybersecurity measures to qualify for coverage or to secure lower premiums and comprehensive coverages. Underwriting has shifted from basic checklists to in-depth security architecture reviews. However, insurers are now willing to accept security roadmaps (versus full compliance upfront), encouraging control implementation over time. Prasanna Kumar, head of cyber solutions for India at Aon, said, 'We are witnessing India adopt AI at a rapid pace, which brings a host of new risks. Data poisoning attacks can compromise the integrity of critical AI systems and deepfake technology is now being used to craft convincing malicious content — making social engineering attacks more sophisticated than ever.' While AI has certainly introduced more complexity to the cyber attacks Indian businesses face, it has also enhanced their ability to detect and respond to threats. 'In response to the evolving challenges, businesses must take significant steps to strengthen controls within the organisation. Regular audits, comprehensive employee training programs and advanced threat monitoring systems must become an integral part of businesses' security posture,' Kumar added. Aon's 2025 Cyber Risk Report draws on proprietary data from the firm's CyQu platform, a patented global e-submission tool that streamlines the cyber insurance intake process and empowers organisations with actionable insights into their cyber exposures and insurability, helping to strengthen both underwriting outcomes and cyber risk management strategies.
Globe and Mail
05-08-2025
- Business
- Globe and Mail
Analysts Offer Insights on Financial Companies: Robinhood (HOOD), Blue Owl Capital (OWL) and Aon (AON)
There's a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Robinhood (HOOD – Research Report), Blue Owl Capital (OWL – Research Report) and Aon (AON – Research Report) with bullish sentiments. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Robinhood (HOOD) Compass Point analyst Ed Engel maintained a Buy rating on Robinhood today and set a price target of $105.00. The company's shares closed last Friday at $99.90. Engel has an average return of 96.8% when recommending Robinhood. ;'> According to Engel is ranked #8695 out of 9898 analysts. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Robinhood with a $108.56 average price target, implying an 11.0% upside from current levels. In a report issued on July 30, Bernstein also maintained a Buy rating on the stock with a $105.00 price target. Blue Owl Capital (OWL) TD Cowen analyst William Katz maintained a Buy rating on Blue Owl Capital today and set a price target of $26.00. The company's shares closed last Friday at $18.84. According to Katz is a 5-star analyst with an average return of 13.4% and a 66.0% success rate. Katz covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Apollo Global Management, and Bridge Investment Group. ;'> Currently, the analyst consensus on Blue Owl Capital is a Moderate Buy with an average price target of $23.55, representing a 24.7% upside. In a report issued on July 28, Evercore ISI also maintained a Buy rating on the stock with a $21.00 price target. Aon (AON) In a report released today, Andrew Kligerman from TD Cowen maintained a Buy rating on Aon, with a price target of $427.00. The company's shares closed last Friday at $353.46. According to Kligerman is a 5-star analyst with an average return of 11.3% and a 61.0% success rate. Kligerman covers the Financial sector, focusing on stocks such as Ategrity Specialty Holdings LLC, Corebridge Financial, Inc., and W. R. Berkley Corporation. ;'> The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aon with a $414.77 average price target, representing a 16.3% upside. In a report issued on July 30, Jefferies also upgraded the stock to Buy with a $426.00 price target.
