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Aon discusses purchase of rival Willis Towers Watson

If completed, combined company could surpass revenue of top broker Marsh & McLennan, owner of Mercer

Aon discusses purchase of rival Willis Towers Watson
Photo: Getty Images

Insurance brokerage Aon is in early talks to acquire Willis Towers Watson in an all-stock deal, Aon said in a statement Tuesday.

Aon and Willis were the second- and third-biggest global insurance brokers by revenue in 2017, according to trade publication Business Insurance. A combined company could surpass top broker Marsh & McLennan by revenue.

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