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Aon amalgamates risk and insurance brokerage operations


February 8, 2008   by Canadian Underwriter


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Aon Corporation is integrating its worldwide risk and insurance brokerage operations into a single global business, Aon Risk Services, with more than 26,000 colleagues in 120 countries and more than US$5 billion in revenues.
“Everything we do is based on helping clients, or helping colleagues help our clients,” Greg Case, Aon Corporation president and CEO, said in a release. “This is a significant and logical next step in aligning our incredible resources and talent around our clients, and follows on the success of our other core global businesses Aon Re Global and Aon Consulting.
“To the full credit of Aon colleagues around the world, our progress to date has enabled us to make this strategic move one year sooner than we anticipated.”
Steve McGill, currently CEO of Aon Risk Services Americas and Aon Global, and Ted T. Devine, currently CEO of Aon Re Global, will lead Aon Risk Services. McGill will serve as chairman and CEO and Devine as president of Aon Risk Services.
“In bringing all our Aon Risk Services operations together, we are enhancing the ability of our colleagues around the world to bring their deep knowledge of local needs, innovation and expertise to one global, client-focused business,” McGill said in the release. “This will reinforce our ability to ensure that innovative solutions are delivered globally. We will see to it that no hurdle real or perceived stands in the way of bringing the very best of Aon to our clients.”
Andrew Appel, previously CEO of Aon Consulting, has assumed the role of CEO of Aon Re Global, replacing Devine. Appel additionally will serve as chairman of Aon Consulting.


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