Statement by Aon on New York Insurance Department Draft Rules on Producer Transparency and Compensation
05 Febbraio 2009 - 7:48PM
PR Newswire (US)
CHICAGO, Feb. 5 /PRNewswire-FirstCall/ -- Aon today issued the
following statement from Greg Case, president and CEO: "Aon
strongly supports Superintendent Eric Dinallo's efforts to
introduce more transparency into the insurance sector and to
establish consistent rules for all producers who operate in New
York. As Steve McGill, chairman and CEO of Aon Risk Services,
testified at the hearings in July, we believe that all brokers and
agents should, at a minimum, be willing to tell their clients who
will pay them, how much they'll make and the quotes insurers
provide. This is the basic information every client deserves. The
draft rules are clearly a step in the right direction, and we look
forward to working with the superintendent on providing increased
transparency for all market participants." About Aon Aon
Corporation (NYSE:AOC) is the leading global provider of risk
management services, insurance and reinsurance brokerage, and human
capital 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. Sign up to receive Aon news alerts by email or
RSS feed at: http://aon.mediaroom.com/index.php?s=58. Media Contact
David Prosperi 312.381.2485 (Logo:
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO)
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT:
David Prosperi of Aon Corporation, +1-312-381-2485, Web site:
http://www.aon.com/
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