To ensure clients benefit from the broking resources and get access to the insurance solutions and markets
Aon Corp, a provider of risk management services, has launched Aon Broking, a broking strategy for clients of Aon Risk Services, the firm’s retail brokerage operation.
The company said that the new strategy is designed to ensure clients benefit from a range of broking resources Aon provides, and get access to the insurance solutions and markets for their specific needs.
According to Aon, the new approach combines three key elements that include a connected network of broking hubs in major insurance centers that give clients local access to global expertise; global specialty businesses serving the needs of industries with specific needs; and access to a 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 the insurance solutions and that analysis of all of the firm’s worldwide placement activities is utilized in the best interest of all its clients, the company claims.
The company said that the strategy will be supported by a management team with Warren Mula appointed as CEO for retail and specialty broking within Aon Risk Services, reporting to Steve McGill chairman and CEO of Aon Risk Services. He will retain his role as chairman of Aon Risk Services US Retail.
Elliot Richardson will serve as CEO of the Aon broking hubs and of Aon Risk Services’ facultative broking operations, and will report to McGill. He will also retain his role as CEO of Aon Benfield Fac, where he reports to Andrew Appel, CEO of Aon Benfield.
Steve McGill, chairman and CEO of Aon Risk Services, said: “Our primary focus is always to ensure that our clients can access the insurance markets that best fit with their particular business objectives. 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.”