R.J. Lehmann on the Aon-Willis merger
Insurance Journal – ICLE Editor-in-Chief R.J. Lehmann was quoted by Insurance Journal on the U.S. Department of Justice’s challenge of the pending merger between insurance brokers Aon and Willis Towers Watson. The full story is available here.
R.J. Lehmann, a Senior Fellow with the International Center for Law & Economics in Portland, Ore. weighed in with the following comment: “While it’s understandable that there are competition concerns, I would urge the Department of Justice to be cautious about interfering in a space where this combination could increase innovation and bring it to a much greater scale.”
To bring innovation to major multinationals, “you need brokers with global reach,” he added during an interview.