Peter C. Breitstone and Members of Breitstone & Co. Environmental Risk Team Join Aon
13 Luglio 2006 - 12:55AM
PR Newswire (US)
Environmental Risk Experts Bring More Than 100 Years Experience to
Aon CHICAGO, July 12 /PRNewswire-FirstCall/ -- Aon (NYSE:AOC) today
announces that Peter C. Breitstone, former president of Breitstone
& Co., and members of his environmental risk team have joined
Aon. (Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
) The new members of Aon's environmental risk team had been working
together since 2000 in Breitstone offices in New York, Chicago,
Nashville and San Francisco. The team provides clients with
innovative products and solutions designed to address complex risk
issues in connection with environmental exposures associated with
contaminated industrial, institutional, commercial and residential
properties. Said Greg Case, Aon president and chief executive
officer: "This demonstrates our commitment to delivering clients
world-class expertise across our risk management and consulting
businesses. The combination of Aon's existing environmental
practice and the experts from Breitstone provides our clients
direct access to the industry's best and brightest professionals. I
am confident we will now build the best environmental risk business
in the insurance industry." In coming to Aon, Peter Breitstone has
been appointed managing principal and chief executive officer of
Aon's Environmental Services Group. Also joining Aon are
environmental industry veterans Ken Ayers, Greg Schilz, Rod Taylor,
Howard Tollin and Keith Jurss. Collectively, the group brings more
than 100 years of environmental experience to Aon. Said Breitstone:
"This is an exciting opportunity to build Aon's Environmental
business to provide Aon clients with state-of-the-art environmental
products and programs designed to address complex needs. When we
evaluated potential firms to join, we were impressed with the
synergy between Aon's expertise and capabilities, and our own."
Said Ted Devine, Aon chief strategy officer and chief operating
officer, Aon Risk Services Americas: "Breitstone is one of the best
boutique environmental risk management firms in the U.S. Every
decision we make must meet two criteria: does it help our clients;
and does it help our colleagues help our clients? The addition of
the Breitstone environmental team does both, uniquely positioning
Aon to deliver distinctive value and impact to clients in need of
environmental risk management advice and solutions. " Aon
Construction Services Group Managing Principal, Peter Arkley said:
"The Breitstone team has extensive experience in addressing
environmental risks associated with large complex construction
projects. Environmental issues are becoming increasingly important
to our construction clients who frequently develop projects on
sites impacted by historic pollution conditions. The Breitstone
team, combined with our existing environmental and construction
resources, provides Aon clients a level of expertise unparalleled
in the industry." About Aon Aon Corporation ( 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 46,000 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. About Breitstone
Breitstone & Co. Ltd., based in Cedarhurst, New York, is a
preeminent provider of environmental risk and insurance management
services for clients in transportation, technology, real estate,
construction and manufacturing. Breitstone specializes in the
design and implementation of innovative solutions designed to
address clients' complex environmental and construction risks.
Please visit http://www.breitstone.com/ for more information. For
more information, contact: 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 execute 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:
Thaddeus Woosley of Aon Corporation, +1-312-381-2446, Web site:
http://www.aon.com/ http://www.breitstone.com/
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