Aon merges financial services division
Aon Financial Services Group has been merged with three other divisions within Aon to create a new single unit called Financial Specialities.
The Financial Services Group provides risk management and insurance broking services to financial planners, accountants, mortgage brokers and financial services institutions. It has been combined with Aon’s Merger and Acquisition (M&A) Solutions, Environmental Services Group and Trade Credit and Surety divisions to create the new business unit.
The current client director of M&A Solutions, Jennifer Richards, will become managing director of Financial Specialities reporting to Aon Risk Solutions chief executive Lambros Lambrou.
The current heads of Trade Credit and Surety, and the Financial Services Group, Liz Botha and Stephen Trickey respectively, will continue in their roles reporting through to Richards.
The new business unit will have more than 30 members, with Lambrou stating the decision to bring the teams together would allow for further growth and improve the scale of the services across the markets served by the unit.
Recommended for you
ASIC’s court case with Interprac is causing advisers to explore the possibility of self-licensing, according to My Dealer Services, as they observe the reputational damage it can bring to a practice.
AZ NGA has entered a strategic partnership with a Sydney advice firm with $600 million in assets under advice to support its succession plans and future growth.
With complaints on the rise and an expanded jurisdiction, the Australian Financial Complaints Authority is on the hunt for four C-suite roles, three of which are newly-created positions.
Ahead of the 1 January 2026 education deadline for advisers, ASIC has issued its ‘final warning’ to the industry, reporting that more than 2,300 relevant providers could be on their way out.

