News review: July 2010

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A review of July's industry news.

A senior Aon broker admitted to dumping a laptop in a pond to cover up his involvement in a major tender that allegedly breached the terms of his gardening leave. Euan Nicolson, who is now head of upstream and offshore construction at Aon, was told he could face imprisonment at a pre-trial hearing on 20 July at the Commercial Court in London. He is set to face a full hearing any time from 4 October, where he will be accused of breaking the terms of a court order issued by Marsh. Marsh declined

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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