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Allianz in February 2019 announced it had increased the size of its Insurtech venture capital fund Allianz X to €1 billion. Allianz Group’s initial investment in Allianz X was €430 million in 2016. The funds will be used to make more direct investments in digital companies that are strategically relevant for Allianz. To date, Allianz X has made more than 15 direct investments. For example, Allianz X invested $96.6

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Due to the coronavirus / COVID-19 outbreak, the International Employee Benefits Association (IEBA) postponed its 2020 International Conference from March to September, 2020. The event had been slated to take place on March 11-12, 2020 in Brussels, Belgium. IEBA announced on March 5 that the conference will be held on September 22 and 23, 2020. The venue remains the same: The Hotel in Brussels, Belgium.

One year after having announced, then cancelled plans to merge with Willis Towers Watson (WTW), Aon in March 2020 announced an agreement to acquire WTW in what will be the industry’s largest ever merger. The purchase price is $30bn, paid in Aon shares, and the combined firm is valued at around $80b. Regulatory requirements may make a comprehensive takeover of WTW by Aon difficult, given that Aon and WTW

Due to the coronavirus / COVID-19 outbreak, the Captive Insurance Companies Association (CICA) cancelled its 2020 International Conference. The event had been slated to take place on March 8-10, 2020 in California, USA. No new date has been announced at the time of publication.

Aon named Eric Andersen as president of the company in February 2020, reporting to Chief Executive Greg Case. Andersen will continue to be based in New York City. Andersen first joined Aon in 1997 via the acquisition of Minet. Prior to that, Andersen also worked in London at Alexander Howden. He has been in the C-suite since 2010, when he was named CEO for ARS Americas. Andersen was named
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