Aon has hired Philip Smaje to serve as global chief broking officer for transportation and logistics at the broking giant’s commercial risk unit.
“We are thrilled to work with Phil to help our transportation and logistics clients better understand new and existing risks and match risk and capital in this growing and dynamic industry,” chief executive for global marine Lee Meyrick said in Aon’s announcement.
Based in London, Smaje will focus on helping specialty clients in optimising capital, among other things. It was noted that the goal is for Aon clients to be better advised and informed amid a time of volatility.
The industry veteran’s credentials include time spent at Ardonagh Specialty, Piiq Risk Partners, and WTW. Among his previous roles were aerospace chief executive, transportation broking head, and global head of broking. Smaje began his insurance career in 1988.
Elsewhere at Aon, the company recently announced a major development in its deal to acquire middle market property & casualty broker NFP.
“The waiting period has expired under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976, as amended, in connection with Aon and NFP’s previously announced acquisition agreement,” Aon and NFP said in a joint statement.
“The transaction remains subject to the receipt of other applicable regulatory approvals and customary closing conditions.”
The brokerages were referring to a US piece of legislation, under which parties to certain large mergers and acquisitions must file premerger notification and wait for government review.
Under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976, the parties may not close their deal until the waiting period has passed or the government has granted its early termination.
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