Aon Corporation, Arup Establish Strategic Alliance to Expand, Enhance 'Rapid Response'
27 Settembre 2007 - 4:00PM
PR Newswire (US)
Clients to benefit from independent global catastrophic risk
management solutions CHICAGO, Sept. 27 /PRNewswire-FirstCall/ --
Aon Corporation (NYSE:AOC), the world's number one provider of
insurance and reinsurance brokerage and global risk management
services, and Arup, the global multidisciplinary engineering and
consulting firm, today announced a strategic alliance that brings
to the marketplace an unprecedented pre- and post-loss consulting
service that offers clients an independent, global catastrophic
risk management solution. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO) The
alliance increases the depth and breadth of Aon's "Rapid Response,"
a loss mitigation and claims advocacy service borne out of Aon's
experience following hurricanes Katrina, Rita, and Wilma in 2005.
In addition, it enables the creation of a pre-loss service offering
aimed at preparing clients for catastrophic events, to be called
"Rapid Response Engineered." Clients will further benefit from
access to Arup's Catastrophic Risk Management consulting services,
which include the development of long-term risk management
solutions, site-specific risk assessment and financial/engineering
analysis. These services complement many of Aon's disciplines
including natural catastrophe modeling, enterprise risk management,
business continuity planning, and property risk control. "Aon is
very excited to bring this worldwide alliance with Arup to our
clients," said Stephen Cross, CEO of Aon Global Risk Consulting.
"In times of crisis this partnership will greatly assist in
reducing the impact of loss to our clients. In addition to
supporting and extending our existing Rapid Response service, it
will enable us to bring a range of new resources from Arup to our
valued Aon clients." As a global provider of multidisciplinary
services for business and the built environment, Arup brings a
comprehensive technical background built on decades of experience,
having engineered some of the most complex structures in the world.
This background provides a solid foundation to its consulting
activities on behalf of clients seeking to manage catastrophic
risk. "As events of recent years have shown, there is a significant
need for corporations to develop long-term plans for managing their
risk that include not only insurance but also facility/portfolio
planning and analysis, risk mitigation and post-loss support," said
Jim Quiter, leader of Arup's consulting sector work in the
Americas. "Aon and Arup together have both a unique opportunity and
proven capability to respond to this need." Paul Graziano, CEO of
Aon Global Rapid Response, said: "Aon's Global Rapid Response model
provides clients with a critical service 'continuum' which begins
at brokerage and ends at claim resolution. The Aon & Arup
partnership further enhances our ability to extend this valuable
solution to address risk management needs when disaster strikes."
Aon's Rapid Response guarantees on-site expertise from a
highly-skilled loss mitigation and insurance claim professional
within 48 to 72 hours anywhere in the world. These experts manage
the initial activity surrounding the property loss, and act as an
extension of the client's risk management department to ensure that
a sound, pragmatic recovery plan is developed and implemented.
Currently, the team consists of 500 Aon professionals around the
globe including risk engineers, construction estimators, attorneys,
forensic accountants, coverage experts, and remediation specialists
intimately familiar with helping mitigate losses and building solid
claims strategies. For additional information, contact Arnold
Mascali of Aon at 212-274-9100 or Andy Thompson of Arup at
415-946-0705. About Arup Arup is a global firm of engineers,
planners, designers and business consultants providing a diverse
range of professional services to clients around the world. The
firm is the creative force behind many of the world's most
innovative and sustainable buildings, transport and civil
engineering projects. Established in 1946, the firm exerts a
significant influence on the built environment and has more than
9,000 employees in 79 offices and 31 countries, together working on
up to 10,000 projects at any one time. About Aon Aon Corporation
(NYSE:AOC) is a leading provider of risk management services,
insurance and reinsurance brokerage, human capital and management
consulting, and specialty insurance underwriting. There are 43,000
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.
This press release contains certain statements relating to future
results, 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 the general economic conditions in different countries
around the world, fluctuations in global equity and fixed income
markets, exchange rates, rating agency actions, resolution of
pending regulatory investigations and related issues, including
those related to compensation arrangements with underwriters,
pension funding, ultimate paid claims may be different from
actuarial estimates and actuarial estimates may change over time,
changes in commercial property and casualty markets and commercial
premium rates, the competitive environment, the actual costs of
resolution of contingent liabilities and other loss contingencies,
and the heightened level of potential errors and omissions
liability arising from placements of complex policies and
sophisticated reinsurance arrangements in an insurance market in
which insurer reserves are under pressure. 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. Media Contacts: Aon Corporation Arup
Rahsaan Johnson William Dentzer 312.381.2684 212.897.1385
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Aon Corporation; Arup
CONTACT: Rahsaan Johnson of Aon Corporation, +1-312-381-2684, ; or
William Dentzer of Arup, +1-212-897-1385, Web site:
http://www.aon.com/
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