Aon Corp. launched Aon Broking, a broking strategy for clients of the firm's retail brokerage operation. The new strategy is designed to ensure that Aon Risk Services’ clients benefit from the broking resources Aon provides, and gain access to solutions and markets for their specific needs.
To ensure clients can readily access the right combination of local expertise and global specialist knowledge, this new approach combines three key elements:
• a connected network of broking hubs in major insurance centers, giving clients local access to global expertise
• global specialty businesses serving the needs of industries with specific needs
• seamless access to the full range of risk financing solutions, including facultative reinsurance where appropriate
All of this is underpinned by use of the firm's technology platform Aon GRIP to ensure that all clients get real-time access to solutions and that analysis of all of the firm's worldwide placement activities is utilized in the best interest of all its clients.
"Since the creation of Aon Risk Services in February 2008, as the leading risk management and insurance brokerage firm in the world we have continued our journey to deliver world-class solutions and distinctive value to our clients, notably through innovations such as the Aon Client Promise and Aon Global Risk Insight Platform," says Greg Case, president and CEO of Aon Corp. "As the next step in that journey, Steve McGill (chairman and CEO of Aon Risk Services) and the entire Aon Risk Services team are now putting in place even stronger capabilities to support our clients, and giving Aon team members even more resources to help clients solve their risk needs."
Warren Mula appointed chief executive officer for retail and specialty broking within Aon Risk Services, will report to McGill. He will retain his role as chairman of Aon Risk Services U.S. Retail.
"Our primary focus is always to ensure that our clients can access the insurance markets that best fit with their particular business objectives," says McGill. "This new approach takes that principle to another level, enabling us to consistently ensure that each of our clients can access the widest range of risk transfer options any broker can offer, all through their local Aon team."
Elliot Richardson will serve as CEO of the Aon broking hubs and of Aon Risk Services' facultative broking operations, also reporting to McGill. Richardson will also retain his role as CEO of Aon Benfield Fac, where he reports to Andrew Appel, CEO of Aon Benfield.
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