AON's NVG further advances Intellectual Property Solutions

AON's New Ventures Group (NVG) will be sponsoring the firm's Intellectual Property Solutions (IPS). IPS aims to help firms identify and manage risks surrounding proprietary data. To accomplish this objective, NVG recently appointed Brian COCHRANE as Chief Commercial Officer.

COCHRANE previously worked as AON's Executive Vice President and Global Leader of M&A and Transaction Solutions. He will continue to oversee the unit as Executive Chairman. In his new role, COCHRANE will be responsible for assessing the commercial feasibility of new solutions, and collaborating with AON's Operating Committee to ensure successful market launch for newly developed capabilities for clients.

NVG was formed in Q4 2018 from a team of senior leaders. NVG's goal is the rapid incubation and delivery of new high-impact sources of value for AON's clients. IPS team, led by CEO Lewis LEE, will work closely with COCHRANE and NVG team to accelerate development and go-to-market of their initial offerings, while exploring the much more expansive commercial opportunities related to the rapid expansion of intangible assets across AON's client base.

"We have long recognized that there is a critical need to innovate at scale on behalf of clients and create new opportunities for growth. The NVG has already made important strides in this regard, and we are excited Brian has joined the team as Chief Commercial Officer, with a current primary focus on our Intellectual Property Solutions," commented Tony GOLAND, Chief Innovation Officer and overall NVG leader.

"This is a very exciting era for the firm as the NVG seeks to identify and develop new, high-impact sources of value for AON's clients; accelerate our ability to scale these high-impact solutions; and meaningfully contribute to AON's growth and performance. This approach is enabling AON to go 'bigger and faster', driving growth-stage opportunities that have the potential to deliver meaningful value to clients," added Brian COCHRANE, Chief Commercial Officer of the NVG.

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

Share |

Related articles

Book your seat at IFRS 17 Nordics Conference!

IFRS 17 Nordics, taking place on the 9th of May in Stockholm, is a unique chance to gain actionable insights that will help professionals make their IFRS 17 implementation project succeed.

2019-03-14

HANNOVER RE launches an insurtech innovation platform

Germany-based Hannover Re launched a platform designed to bring the insurance companies and insurtech innovators closer. Through the "hr | equarium" platform, Hannover Re wants to facilitate the connection between supply and the demand for insurtech solutions, taking advantage of its worldwide spread.

2019-03-14

Conclusions: TBILISI - the first Georgian International Insurance Conference

Today takes place in Tbilisi the first Georgian International Insurance Conference, an event that will put under scrutiny the current status and the future development perspectives of the local market, in an attempt of identifying the main growth opportunities. The forthcoming launch of the mandatory MTPL system is the most important topic on the agenda, as this new line of business has the potential to provide for a significant growth, but also to become a market disruptor.

2019-03-14

LIVE: Inclusive insurance - under debate at IIF - CEE & SEE Regional Actuarial Insurance Conference, in Skopje

Today started in Skopje the second edition of IIF - CEE & SEE Regional Actuarial Insurance ConferenceInclusive Insurance, an event organized by the Insurance Supervision Agency of Macedonia and XPRIMM, aiming to involve all the relevant stakeholders to explore the inclusive insurance concept and identify the ways actuarial services providers can contribute to developing this new domain.

2019-02-28

RGAX is hosting the third annual "Big Ideas Competition"

RGAX, subsidiary of Reinsurance Group of America (RGA), opened invitations for anyone outside insurance and reinsurance field to join Big Ideas Competition. Interested persons can submit their ideas online by March 21, 2019.

2019-02-28

ON THE MOVE

GENERALI Group results for year 2018

In 2018, GENERALI Group operating result reached EUR 4,857 million (+3.0%), with a net profit of EUR 2,309 mil. (+9.4%). The total gross written premiums (GWP) of the Group amounted EUR 66,691 mil. (+4.9%).

14.03.2019

MetLife announced leadership changes as part of CEO transition

MetLife announced a series of changes to its senior leadership ranks in connection with its CEO transition, all of which are effective May 1, 2019. In January 2019, the BoD announced that Michel KHALAF, President, U.S. Business and EMEA, will become MetLife's President, CEO and Member of the Board effective May 1, replacing Steven KANDARIAN, who is retiring.

14.03.2019

HANNOVER RE launches an insurtech innovation platform

Germany-based Hannover Re launched a platform designed to bring the insurance companies and insurtech innovators closer. Through the "hr | equarium" platform, Hannover Re wants to facilitate the connection between supply and the demand for insurtech solutions, taking advantage of its worldwide spread.

14.03.2019

TOP EVENT

Conclusions: TBILISI - the first Georgian International Insurance Conference

Today takes place in Tbilisi the first Georgian International Insurance Conference, an event that will put under scrutiny the current status and the future development perspectives of the local market, in an attempt of identifying the main growth opportunities. The forthcoming launch of the mandatory MTPL system is the most important topic on the agenda, as this new line of business has the potential to provide for a significant growth, but also to become a market disruptor.

14.03.2019

Motor insurance - becoming more financially efficient and consumer friendly

Under the strong pressure put by the technological evolution, the motor insurance business is rapidly changing, both in operational terms and, most visible, in the way insurers are interacting with their customers. Step by step, the insurers' relationship with customers evolves from simply indemnifying insureds for the losses suffered because of road incidents, to helping them prevent incidents and rapidly recover after the accidents that couldn't be avoided.

27.02.2019

See all