Aon creates Aon Global

Aon has announced the creation of a new business unit to be called Aon Global. Aon Global will consist of the company’s former Global Large Corporate business unit, Captives Services Group, International Risk Management Group (IRMG), Risk Consulting and Risk Engineering business units among others. Dennis Mahoney will assume the role of chairman for Aon Global, while Steve McGill will be the new unit’s CEO. McGill will also continue in his role as CEO, Aon Risk Services Americas, based in Chicago. Mahoney will relocate to Bermuda.
“Our broking and placement capabilities are a cornerstone of client service,” said Greg Case, president and chief executive officer, Aon Corporation. “Dennis’ leadership and experience are unmatched in the industry. By being in Bermuda, leading the coordination and placement of major and complex risks for the world’s largest companies, Aon can leverage his world-class broking skills on a global scale, where they can have the most significant impact on client value.”
Peter Harmer, who has for seven years served as chief executive officer of Aon Holdings Australia, has been appointed to succeed Mahoney as chief executive, Aon Limited and country manager for Aon UK (which in addition to the insurance and reinsurance businesses of Aon Limited, also includes Aon Consulting UK).