Aon Property Claims Consultants on the Ground, Helping Clients Recover Along the Gulf Coast After Hurricanes
04 Novembre 2005 - 9:23PM
PR Newswire (US)
Employees Currently Managing Billions in Estimated Property Loss
CHICAGO, Nov. 4 /PRNewswire-FirstCall/ -- More than one hundred Aon
claims experts, including 45 dedicated Aon property claims
consultants on the ground in Florida and the Gulf Coast, are
working to manage property loss claims on behalf of clients,
according to Aon Chief Executive Officer Greg Case, who discussed
the matter during the company's third quarter earnings conference
call this morning. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO ) Said
Case: "As of this morning, Aon property claims consultants are
working on claims involving more than 400 total losses from
Hurricanes Katrina, Rita and Wilma. These claims range in value up
to $1.2 billion, and represent billions in estimated loss."
Employees on the ground are members of Aon's Catastrophe Team, part
of the Technical Services National Practice Group within Aon Risk
Services, able to be deployed anywhere in the U.S. a natural
disaster occurs. Case continued, "The Catastrophe Team is an
example of Aon recognizing a client need and investing the
resources required to meet that demand. When we talk about
operational excellence, this is the sort of client-focused,
tangible benefit to which we refer." Added Case: "I am extremely
proud; under difficult conditions, our employees have done an
outstanding job helping our clients to rebuild and restore their
business operations following these disasters." About Aon Aon
Corporation (NYSE:AOC) ( http://www.aon.com/ ) is a leading
provider of risk management services, insurance and reinsurance
brokerage, human capital and management consulting, and specialty
insurance underwriting. There are 47,000 employees working in Aon's
500 offices in more than 120 countries. Backed by broad resources,
industry knowledge and technical expertise, Aon professionals help
a wide range of clients develop effective risk management and
workforce productivity solutions. For more information, contact: Al
Orendorff, Aon Corporation, 312.381.3153, or Thaddeus Woosley, Aon
Corporation, 312.381.2446, This press release contains certain
statements related to future results, or states our intentions,
beliefs and expectations or predictions for the future which are
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from either
historical or anticipated results depending on a variety of
factors. Potential factors that could impact results include:
general economic conditions in different countries in which we do
business around the world, changes in global equity and fixed
income markets that could affect the return on invested assets,
fluctuations in exchange and interest rates that could influence
revenue and expense, rating agency actions that could affect our
ability to borrow funds, funding of our various pension plans,
changes in the competitive environment, our ability to implement
restructuring initiatives and other initiatives intended to yield
cost savings, our ability to implement the stock repurchase
program, changes in commercial property and casualty markets and
commercial premium rates that could impact revenues, changes in
revenues and earnings due to the elimination of contingent
commissions, other uncertainties surrounding a new compensation
model, the impact of investigations brought by state attorneys
general, state insurance regulators, federal prosecutors, and
federal regulators, the impact of class actions and individual
lawsuits including client class actions, securities class actions,
derivative actions, and ERISA class actions, the cost of resolution
of other contingent liabilities and loss contingencies, and the
difference in ultimate paid claims in our underwriting companies
from actuarial estimates. Further information concerning the
Company and its business, including factors that potentially could
materially affect the Company's financial results, is contained in
the Company's filings with the Securities and Exchange Commission.
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT: Al
Orendorff, +1-312-381-3153, , or Thaddeus Woosley, +1-312-381-2446,
, both of Aon Corporation Web site: http://www.aon.com/
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