Insurance Information Institute Merger
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Insurance information institute merger. The combined company will be the world s biggest commercial insurance broker according to data from the insurance information institute with total revenues of 19bn based on 2018 figures. According to the insurance information institute aon willis had 19 13 billion in revenue in 2018. By walt williams a pennsylvania based umbrella organization that provides education and research for the property and casualty insurance industry is in talks to acquire the insurance information institute the news site business insurance reported thursday. The members only online edition is updated as new data become available and features web extras including a chart index view by state download by chapter and archives.
The institutes is in talks to acquire the new york based insurance information institute one of the few remaining independent trade associations representing the property casualty industry. The economic uncertainty brought about by covid 19 has impacted the u s. Insurance industry s investment portfolios this year yet insurers cumulatively entered 2020 in a strong financial condition according to a just released insurance information institute triple i economic snapshot report. The information institute and the institutes both national organizations focused on insurance will affiliate.
Welcome to the insurance fact book click on the chapter headings on the left to navigate the online members only version of the i i i. The announcement made on june 24 states that the board of directors of each institution officially agreed to the affiliation on june 24th with terms of the agreement to be finalized in july. The insurance information institute since 1960 a source of insurance data and information for the media and consumers has agreed to affiliate with the institutes an expanding education. These cookies do not store any personal information.
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