Aon Develops New Solutions for a New World
17 Ottobre 2008 - 7:30PM
PR Newswire (US)
LONDON, Oct. 17 /PRNewswire-FirstCall/ -- Aon Risk Services, the
leading global risk and insurance firm, has developed a range of
new products to respond to the recent economic volatility. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO) The series
of product suites is designed to help companies mitigate and deal
with the risks they face from rapidly changing markets. The launch
follows client and stakeholder feedback received through the Aon
Situation Room, which was established to provide clients with
real-time information on the impact of volatile markets on various
insurance markets. The new product suites, further details of which
are available at http://www.aon.com/solutionroom, include: -- Aon
Flex (Carrier insolvency protection) -- Developed to mitigate the
risk of a carrier on a company's existing insurance programme
becoming financially impaired or insolvent, this ensures the
company is not left without cover. -- Property & Casualty -- As
volatility in financial markets puts strain on the asset side of
some insurers' balance sheets, many businesses are seeking
assurance over the efficacy of their insurance programme. This
service provides an option to deliver certainty of cost, capacity
and conditions. -- Crisis Management (terrorism & extortion) --
Given that the Terrorism insurance market is restricted to a small
number of carriers, there is a real risk that a major downgrade or
insolvency crisis with a major terrorism market would drive
terrorism insurance rates up. This product gives businesses access
to Terrorism Insurance capacity at pre-arranged agreed terms and
conditions. Commenting on the launch of the new product suites,
John Turner, head of broking excellence, UK, said: "The business
world finds itself negotiating an alarming stretch of financial
rapids, as we head towards a new economic reality at breakneck
speed. Aon has recognised and responded to the anxieties of
businesses in a time of such turmoil. It is absolutely vital that
businesses constantly monitor and assess whether they are
comfortable with the risk mitigation programme they currently have
in place is still suitable and comprehensive. It may very well be
that businesses need to take no action at all, but the worst course
of action would be to operate in the dark. "As well as these
products and Aon's existing solutions, such as Trade Finance and
Protected Cell Companies, might now be more relevant and suitable
for businesses in light of the economic volatility we find
ourselves in." For more information contact: London Chicago David
Skapinker Kelly Drinkwine 020 7505 7478 312.755.3537 Sign up to
receive Aon news alerts by email or RSS feed at:
http://aon.mediaroom.com/index.php?s=58. About Aon Aon Corporation
(NYSE:AOC) is the leading global provider of risk management
services, insurance and reinsurance brokerage, human capital and
management consulting. Through its 36,000 colleagues worldwide, Aon
readily delivers distinctive client value via innovative and
effective risk management and workforce productivity solutions. Our
industry-leading global resources, technical expertise and industry
knowledge are delivered locally through more than 500 offices in
more than 120 countries. Aon was named the world's best broker by
Euromoney magazine's 2008 Insurance Survey. In 2008, Aon ranked
highest on the Business Insurance ranking of the world's largest
insurance brokers based on commercial retail, wholesale,
reinsurance and personal lines brokerage revenues. Aon also was
ranked by A.M. Best as the number one insurance broker based on
brokerage revenues in 2007 and 2008, and was voted best insurance
intermediary, best reinsurance intermediary, and best employee
benefits consulting firm in 2007 and 2008 by the readers of
Business Insurance. For more information on Aon, log onto
http://www.aon.com/. Safe Harbour Statement:
http://aon.mediaroom.com/index.php?s=67.
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT:
London, David Skapinker of Aon Corporation, 020 7505 7478, ; or
Chicago, Kelly Drinkwine, +1-312-755-3537, , for Aon Corporation
Web site: http://www.aon.com/
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