US insurance firm Aon Corporation is considering offloading its warranty, credit insurance and property and casualty underwriting businesses.

The move follows a number of recent initiatives by the company’s new CEO, Greg Case, to streamline the US’s second largest insurer broker.

In a company statement, Greg Case, Aon’s CEO, said, By exploring alternatives, we expect to determine if the potential of our warranty, credit and property & casualty businesses can be more fully realized under different ownership.

Aon Corporation provides a range of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting.