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British insurer Britannia’s plans in relation to Brexit include a location in Luxembourg. A P&I club, Britannia is one of the leading U.K. marine insurers. Its contracts generally cover pollution risks and accidents at sea. 40% of gross written premiums is in the E.U. market, which it cannot cut itself off from. The company in December 2017 announced that the board of directors, after consulting with experts, had mandated

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According to regulatory filings made in February 2019, Aon has incurred nearly $1 billion in costs related to a restructuring plan announced in May 2017, and will incur about $243 million more in costs when the plan is completed by the end of 2019. Initiated in 2017, Aon’s global restructuring plan has now estimated the number of job losses between 4,800 and 5,400, a 12 percent increase from a

  With the United Kingdom’s departure from the European Union delayed until May 22, 2019, if the Brexit deal is accepted, or April 12, 2019, if rejected, many clients of the insurance industry are unsure of what to do in either case. Lockton in March 2019 released an advisory: Brexit update: What US multinational employers need to know to help its clients and others in the industry during these

Bank of New York Mellon, located in Pune, Maharastra, India, has named Moumita Das as Vice President in charge of Compensation and Benefits as of January 2019. Das comes to BNY Mellon from her previous position as Compensation and Benefits Manager at Novartis in Hyderabad, India, and with American Express India. Das began her career as a network engineer with Accenture in India, and moved on to Human Resources

Steffen Zwick in March 2019 joined Mercer Switzerland as Head of Marketing and Communication. He was before with Mercer as a Marketing Manager as well as Campaign Manager for content marketing and left to take a position as Senior Marketing Associate with Eaton Vance Management International in London. He has since returned to Mercer and is now located in Zurich. Zwick holds an MA in Linguistics from Heidelberg University.
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