M&A Insurance Market Told to ‘Avoid a Race to the Bottom’: Aon’s Lester

LONDON – The M&A insurance marketplace has been urged to recognize the economic value of its insurance products and stop fierce price competition.

Alastair Lester, the new CEO of Aon M&A Solutions for EMEA, cited rate decreases of 40 percent in 2017, adding “you don’t need to do this”.

“Transaction insurance is a financial instrument with real value. Don’t under-value our value,” Lester explained, while speaking at Advisen’s Transaction Insurance Insights Conference in London on September 26.

Read more at https://www.advisenltd.com/2017/09/27/M&A-insurance-aon

Rebecca Bole, M&A insurance market told to ‘avoid a race to the bottom’: Aon’s Lester (September 27, 2017), available with subscription at Advisen Professional Front Page News.