Aon plc. - Class A NYSE:AON Price, Chart, News & Insight

Aon’s NFP Acquires Moores Insurance to Expand Minnesota Presence

NFP, an Aon company (NYSE: AON), has acquired Minneapolis-based Moores Insurance Management, expanding its property and casualty insurance operations in Minnesota. Financial terms of the transaction were not disclosed.

Founded in 1987, Moores provides risk-management and insurance services to high-net-worth individuals and commercial clients across 43 U.S. states. The acquisition strengthens NFP’s capabilities in both commercial P&C insurance and personal risk services.

Moores CEO Mark Moores will join NFP as senior vice president of Commercial P&C, while President Jack Moores will become senior vice president of Personal Lines. The existing team will gain access to NFP’s broader insurance, employee benefits, wealth management and retirement advisory capabilities.

For Aon, the transaction represents another expansion of NFP’s U.S. distribution network, strengthening its presence in the Twin Cities market and increasing its reach among high-net-worth individuals and business owners.

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The Investor 09-15-26

Aon to Acquire USI for $17 Billion, Expanding U.S. Middle-Market Insurance Business

Aon (NYSE: AON) announced Monday that it has agreed to acquire insurance brokerage firm USI from KKR and other shareholders for $17 billion, significantly expanding its presence in the U.S. middle-market insurance sector.

USI is the tenth-largest U.S. insurance broker, generating approximately $3 billion in annual revenue with more than 10,500 employees across nearly 200 offices. The company provides property and casualty insurance, employee benefits, personal risk and retirement solutions.

The acquisition builds on Aon's $13.4 billion purchase of NFP in 2024 and will substantially increase its exposure to the more than $40 billion U.S. middle-market segment. Aon will also gain greater access to the fast-growing Excess & Surplus insurance market, which accounts for about 26% of U.S. commercial property and casualty premiums.

Aon expects approximately $395 million in annual run-rate adjusted EBITDA benefits from revenue and cost synergies across its combined middle-market platform. The transaction is expected to become accretive to adjusted EPS beginning in 2028.

The $17 billion purchase will primarily be financed with new debt. As Aon prioritizes deleveraging following the transaction, the company said it does not expect to repurchase shares in the near term.

Following completion, USI Chairman and CEO Mike Sicard will become President of Aon and global CEO of its Middle Market business. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals.

The deal represents a major expansion of Aon's U.S. insurance brokerage operations, combining USI, NFP and Aon's existing businesses into a much larger middle-market platform while expanding its data and AI-enabled insurance capabilities.

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The Investor 08-31-26

Aon Expands Cannabis Insurance Capabilities With Frontier Risk Acquisition

Aon (NYSE: AON) is expanding its presence in specialized insurance markets through NFP’s acquisition of Frontier Risk Group’s retail cannabis insurance business.

The deal adds Frontier Risk’s cannabis-sector insurance and risk management expertise to NFP, strengthening its capabilities in a market characterized by complex and rapidly changing regulation. Financial terms of the transaction were not disclosed.

Frontier Risk provides insurance solutions and risk advisory services for cannabis companies and other regulated-product businesses. As part of the transaction, senior vice president Eric Schneider will join NFP and report to the company’s Healthcare and Life Sciences practice leadership.

The acquisition also complements NFP’s existing life sciences business, giving the company additional expertise in serving clients operating in highly regulated industries.

For Aon, the transaction represents another targeted expansion of its specialty insurance capabilities through NFP. The combination is expected to provide cannabis-sector clients with broader insurance resources while retaining Frontier Risk’s industry-specific expertise.

Following the transaction, Frontier Risk will focus on expanding Strata Specialty, its multi-program manager serving specialized and emerging risk categories.

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The Investor 08-11-26

Aon Stock Falls 1.3% Despite Strong Organic Growth as Lower GAAP EPS Weighs on Investors

Aon (NYSE: AON) shares fell 1.3% on Wednesday despite reporting another quarter of solid organic growth, expanding margins, and reaffirming its full-year outlook, as investors focused on lower GAAP earnings and softer cash flow in the quarter.

The insurance brokerage and professional services company reported second-quarter revenue of $4.25 billion, up 2% year over year, while organic revenue grew a healthy 5%. Operating income increased 7%, with operating margin expanding 80 basis points to 21.5%. Adjusted operating margin also improved 70 basis points to 28.9%, reflecting continued execution of the company's Aon United strategy.

Adjusted EPS rose 9% to $3.81, supported by higher operating profit and continued share repurchases. However, GAAP diluted EPS declined 3% to $2.58, primarily reflecting a higher effective tax rate and unfavorable non-operating items. Quarterly operating cash flow and free cash flow also declined from the prior year, although first-half cash generation remained positive.

Underlying business trends remained resilient. Commercial Risk Solutions, Reinsurance Solutions, Health Solutions, and Wealth Solutions each delivered 5% organic growth, driven by new business wins and strong client retention. The company also returned $775 million to shareholders during the quarter through dividends and share repurchases, while maintaining a strong balance sheet.

Management reaffirmed its full-year 2026 outlook, continuing to expect mid-single-digit or better organic revenue growth, 70 to 80 basis points of adjusted operating margin expansion, strong adjusted EPS growth, and double-digit free cash flow growth. The company also highlighted expanding use of AI-powered analytics and capital solutions to deepen client relationships and support long-term growth.

Despite the positive operational performance, the sharp decline in Aon shares suggests investors were looking for stronger headline results after the stock's recent performance. The combination of lower GAAP EPS, weaker quarterly cash flow, and an outlook that was reaffirmed rather than raised appears to have prompted profit-taking, even as the company's underlying fundamentals and long-term growth strategy remain intact.

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The Investor 07-29-26

Aon (AON) Stock Gains After JPMorgan Raises Price Target

Aon (NYSE: AON) shares climbed about 3% on Monday after JPMorgan raised its price target on the global insurance brokerage and professional services firm to $412 from $396 while maintaining its "Overweight" rating.

The higher price target reflects JPMorgan's continued confidence in Aon's long-term earnings growth, supported by resilient demand for insurance brokerage, risk management, and human capital consulting services. The firm's Overweight rating indicates it expects Aon to outperform the broader market.

Aon has continued to benefit from favorable insurance pricing, recurring fee-based revenue, and steady demand from corporate clients seeking risk advisory and employee benefits solutions. The company has also remained focused on expanding margins through operational efficiencies and technology investments.

The positive analyst action comes as investors remain constructive on insurance brokers, whose business models have proven relatively resilient amid economic uncertainty. Stable cash flows, strong client retention, and consistent capital returns have made the sector attractive to investors seeking defensive growth opportunities.

Monday's rally suggests investors welcomed the higher valuation target and JPMorgan's continued bullish stance. Attention will now turn to Aon's upcoming quarterly earnings, where investors will look for updates on organic revenue growth, margin expansion, and management's outlook for the remainder of the year.

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Global Finance News 07-14-26

Aon Shares Jump 3.7% After Strong Q1 Earnings and Cash Flow Surge

Shares of Aon plc climbed 3.7% to $322.97 today, as investors reacted positively to the company’s first-quarter 2026 earnings report, which highlighted robust profit growth, expanding margins, and a sharp increase in cash generation.

The company reported total revenue of $5.0 billion, up 6% year-over-year, with organic revenue growth of 5%. Growth was primarily driven by strong performance in its Risk Capital segment, reflecting continued demand for risk advisory and insurance solutions.

Profitability significantly outpaced revenue growth. Operating income rose 17% to $1.7 billion, while adjusted operating income increased 8% to $2.0 billion. Operating margin expanded to 34.1%, up from 30.9% a year earlier, signaling improved operational efficiency and cost discipline.

Earnings growth was particularly strong, with diluted EPS rising 27% to $5.63 and adjusted EPS increasing 14% to $6.48. The earnings expansion was further supported by favorable currency effects and ongoing share repurchases.

Cash flow performance stood out as a key highlight. Operating cash flow surged 207% to $430 million, while free cash flow jumped 332% to $363 million, reflecting both higher earnings and improved working capital dynamics. The company returned $662 million to shareholders through dividends and buybacks during the quarter, and also announced a 10% increase in its quarterly dividend.

CEO Greg Case emphasized continued execution of the firm’s “Aon United” strategy and 3x3 Plan, noting that rising global risk complexity is driving demand for integrated, data-driven solutions.

Looking ahead, Aon reaffirmed its full-year 2026 outlook, expecting mid-single-digit or higher organic revenue growth, margin expansion of 70–80 basis points, strong EPS growth, and double-digit free cash flow growth.

Overall, the combination of strong earnings growth, margin expansion, and exceptional cash flow performance appears to have driven investor confidence, pushing the stock higher following the results.

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European Investor 05-01-26

Aon plc announced that its subsidiary NFP has acquired The Hamilton Group, a New Jersey-based insurance broker, to strengthen its property and casualty capabilities in the U.S. Northeast.

The deal enhances NFP’s regional presence and expands its ability to deliver integrated risk management solutions to small and mid-sized businesses in the tri-state area.

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WS Investor 04-14-26

Aon plc subsidiary NFP has acquired Sherman Insurance Agency, expanding its transportation and logistics insurance capabilities in the Upper Midwest.

Based in South St. Paul, Minnesota, Sherman Insurance specializes in trucking, commercial, personal, and benefits insurance. The acquisition strengthens NFP’s regional presence and enhances its expertise in serving transportation-focused clients across the U.S.

As part of the deal, Sherman’s leadership team will join NFP in senior roles, supporting integration into its Transportation and Logistics practice. Founded in 1931, Sherman brings long-standing relationships with small and mid-sized businesses in the trucking industry.

The move aligns with NFP’s strategy to broaden its risk management solutions and deepen industry specialization, particularly in transportation and logistics sectors.

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WS Investor 04-08-26

Aon announced senior leadership appointments to strengthen its capabilities in digital infrastructure as global demand for data centers and AI-related investments accelerates.

The company appointed Stephen Fox as Managing Director within its Digital Infrastructure Lifecycle Solutions practice and named Brian Hearst as Global Digital Infrastructure Builders Risk Leader. The move aims to enhance Aon’s ability to support clients navigating complex financing, insurance, and risk challenges tied to large-scale infrastructure projects.

Aon said the expansion reflects increasing demand for integrated risk and capital strategies, particularly as digital infrastructure becomes more capital-intensive and critical to global economies.

The firm emphasized that the new leadership will help clients improve project execution, secure financing capacity, and manage risk more effectively across complex, high-value investments.

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Global Finance News 04-03-26

Dublin, March 31, 2026 — Aon announced enhancements to its Radford McLagan Compensation Database to address rapidly evolving workforce dynamics driven by artificial intelligence.

The updated platform introduces AI-specific job categories, including roles such as machine learning engineers and AI researchers, reflecting growing demand and shifting skill requirements across industries. The database now covers more than 30 million employees across 115 countries, offering expanded insights into how AI-related roles are defined and compensated.

New features include AI-powered job matching, real-time labor market insights, and automated data integration tools designed to improve benchmarking accuracy and speed. The company said the enhancements aim to help organizations make more informed and defensible compensation decisions as AI reshapes job structures and pay expectations.

Aon highlighted that rising demand for AI talent is driving significant changes in compensation frameworks, requiring more dynamic and data-driven approaches to workforce planning and pay strategies.
PRNewswire

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WS Investor 04-01-26

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