HTF Market Intelligence has released a comprehensive global study on the Risk Management Consulting Market, projecting it to grow from USD 35 billion in 2024 to USD 60 billion by 2031 at a CAGR of 8%. The market is segmented by application, type, organization size, and geography, with North America as the dominant region and Middle East & Africa as the fastest-growing. Key players include Accenture, Aon, Deloitte, EY, KPMG, Marsh & McLennan, McKinsey, Mercer, and Milliman. Market trends show a shift toward data-driven risk models, integration of ESG and cyber risk, and bundled advisory services with technology platforms. Drivers include regulatory scrutiny, cyber threats, and digital transformation, while challenges include talent shortages, fragmented tools, and client fatigue. A notable development is Accenture's 2023 acquisition of Optimind to strengthen its presence in financial services risk management.

Aon, the world's second-largest insurance broker, is facing a lawsuit in Delaware bankruptcy court from a trust representing creditors of the bankrupt Israeli AI company Vesttoo. The lawsuit alleges that Aon committed fraud by promoting and marketing an 'IP-backed lending' credit insurance product developed in 2020, which allegedly led to inflated valuations of start-up intellectual property. Vesttoo, once valued at $1 billion and backed by Goldman Sachs, filed for bankruptcy in 2023 after fraudulent letters of credit were discovered. The trust claims Aon's IP valuations were 'abysmal' and resulted in significant losses for lenders, with borrowers like Shavelogic defaulting on loans despite Aon's projections of only 3-6% default rates. Aon denies the claims, stating the lawsuit is a 'perverse attempt' to shift responsibility to it and that Vesttoo's own investigation confirmed its executives were directly involved in fraud. Aon has since removed IP-related content from its website.

AAON, Inc., a leading provider of HVAC solutions for commercial and industrial indoor environments, announced a quarterly cash dividend of $0.10 per share, equivalent to $0.40 annually, payable on September 26, 2025, to shareholders of record as of September 5, 2025. The company, headquartered in Tulsa, Oklahoma, has been a key player in designing and manufacturing configurable equipment to improve efficiency and performance in indoor environments since its founding in 1988.

A new report by Allied Market Research projects the global pet insurance market to grow from $10.10 billion in 2023 to $38.3 billion by 2033, at a CAGR of 14.5%. The market is driven by rising veterinary costs, increased pet ownership, and growing awareness of pet health and well-being. Key strategies among market players include acquisitions, partnerships, and product launches. Notable events include Chubb's acquisition of Healthy Paws in April 2024 and MetLife Pet Insurance's collaboration with the Association of Animal Welfare Advancement (AAWA) to promote pet care and recognize animal welfare organizations. The accident-only coverage segment dominates currently, while the 'others' segment is expected to grow fastest. Dogs hold the largest market share by animal type, with Asia-Pacific projected to be the fastest-growing region due to rising pet care awareness, especially in India.

LGT Fund Management Co Ltd. reduced its holdings in Aon plc (NYSE:AON) by 31.6% in the first quarter, selling 3,330 shares and ending with 7,203 shares worth $2.875 million. Other institutional investors such as Financial Gravity Asset Management Inc., HHM Wealth Advisors LLC, Tsfg LLC, Accent Capital Management LLC, and Garde Capital Inc. either bought new positions or increased their stakes in AON. Aon reported strong quarterly earnings of $3.49 per share, exceeding estimates, with revenue of $4.16 billion and a 10.5% year-over-year increase. The company also announced a quarterly dividend of $0.745 per share, payable on August 15th. Analysts have upgraded AON's ratings, with Goldman Sachs, Jefferies, Piper Sandler, and Wells Fargo assigning 'buy' or 'overweight' ratings and increasing target prices, while Keefe, Bruyette & Woods maintained an 'outperform' rating. The stock has a market cap of $79.35 billion, a PE ratio of 30.82, and a dividend yield of 0.8%.