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Aon Plc history, profile and corporate video

Aon Plc provides insurance brokerage, risk management and human capital consulting services. The company operates through two reportable business segments: Risk Solutions and HR Solutions. The Risk Solutions segment acts as an advisor and insurance and reinsurance broker, helping clients manage their risks via consultation, as well as negotiation and placement of insurance risk with insurance carriers through its global distribution network. The HR Solutions segment partners with organizations to solve their most complex benefits, talent and related financial challenges, and improve business performance by designing, implementing, communicating and administering a wide range of human capital, retirement, investment management, health care, compensation and talent management strategies. The company’s clients include corporations and businesses, insurance companies, professional organizations, independent agents and brokers, governments, and other entities. It also serves individuals through personal lines, affinity groups, and certain specialty operations. Its products and services are divided into two transactional product lines: retail brokerage and reinsurance brokerage. The retail brokerage product line encompasses retail brokerage services, affinity products, managing general underwriting, placement, and captive management services. The Americas’ operations provide products and services to clients in North, Central and South America, the Caribbean, and Bermuda. The United Kingdom; Europe, Middle East & Africa and Asia Pacific operations offer similar products and services to clients throughout the rest of the world. The reinsurance brokerage product line offers sophisticated advisory services in program design and claim recoveries that enhance the risk/return characteristics of insurance policy portfolios, improve capital utilization, and evaluate and mitigate catastrophic loss exposures worldwide. It also offers capital management transaction and advisory services. Aon was founded in 1979 and is headquartered in London, the United Kingdom.

“Aon History and Facts

Aon’s fast-paced growth began in 1982 when Ryan Insurance Group merged with Combined International Corporation. In 1987, that company was introduced to Wall Street as Aon, a Gaelic word meaning “Oneness.”

Throughout the 1980s and 1990s, strategic acquisitions and organic growth fueled Aon’s expansion in the global insurance marketplace. Over the past twenty years, we have acquired some of the most well-known players in the insurance and consulting industries, including Hudig-Langeveldt, a provider of insurance protection for cargo ships that was founded in 1680. Although not all our acquisitions have this depth of history, many have been notable players in their respective fields for years:

  • Rollins Burdick Hunter
  • Reinsurancy Agency
  • Miller, Mason & Dickenson
  • Alexander & Alexander
  • Benfield Group
  • Hewitt Associates

Although Aon is a major leader in virtually every market it serves, size is not our primary goal. We aim to be the world’s most responsive, client-focused insurance and consulting services company.”

*Information from Forbes.com and Aon.com

**Video published on YouTube by “Workday