Aon Corp -- The Insurance Broker

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Aon one of the world's largest insurance brokers.

Aon (the head office of the company is located in Chicago (the USA)) is one of the largest international service providers in area

Managements of risks, broker support in sphere of insurance and reinsurance, consultation concerning system of motivation and privileges for the personnel.

Aon aspires to develop for the clients innovative and effective decisions which allow our clients to minimise risks for the business and to optimise existing expenses.

Aon has extensive international experience, technical expert appraisal and a professional knowledge which are applied with allowance for local features of business dealing more than at 500 offices worldwide.

Following the results of 2009 rating agency A.M. Best which year Aon the Broker 1 in terms of volume collected brokerage successively named.

The audience of professional edition Business Insurance has voted for Aon as for:

* the Best reinsurance intermediary

* the Best broker of retail insurance

* the Best consulting company in the field of personnel consulting.

Through the branches in 2001, Aon has ensured consumer signing of insurance, consultation of a manpower and outsourcing, and commercial brokerage services.

It the leader in granting of services of insurance, risk management, Brokerage fee of reinsurance and human capital consultation.

The company has been based W. Clement Stone.

Corporate structure Aon was generated in the early eighties 20 centuries.

The basic historical dates:

1922 -- W. Clement Stone sets up a Chicago-based insurance agency, the Combined Registry Company;

1947 -- Stone combines several insurance companies he had acquired into the Combined Insurance Company of America;

1949 -- The company purchases the Boston Casualty Company;

1954 -- Combined acquires the First National Casualty Company of Fond du Lac, Wisconsin;

1972 -- Clement Stone, the founder's son, becomes president and chief operating officer, and later, CEO;

1980 -- The company forms the publicly owned Combined International Corporation to act as a holding company;

1982 -- The corporation acquires the Ryan Insurance Company for $133 million; its founder, Patrick G. Ryan, then becomes president and CEO of Combined;

1986 -- Combined buys the Life Insurance Company of Virginia for $557 million;

1987 -- Combined International Corporation changes its name to Aon Corporation;

1988 -- Aon buys the nation's ninth largest reinsurance agent, Reinsurance Agency;

1996 -- Aon acquires Alexander & Alexander Services Inc. for $1.23 billion;

1998 -- The corporation purchases ten large international companies, including Spain's Gil y Carvajal, France's Groupe Leblace de Nicolay, and Britain's Bain Hogg;

2001 -- Aon announces plans to divest its underwriting unit.

On September, 11th, 2001, as a result of terroristic act 175 serving companies were lost.

Aon has approximately 37 thousand professionals, approximately 500 offices in 120 countries.

Aon works with such branches of the industry as:

* Aerospace & Aviation

* Automotive

* Construction Services

* Entertainment

* Financial Institutions

* Food System, Agribusiness, and Beverage

* Healthcare

* Marine

* Natural Resources

* Pharmaceutical / Chemical

* Retail Trade

* Technology & Telecomunications

* Trucking Industry.

In the work Aon uses such decisions (Solution) as:

* Actuarial Risk Assessment

* AonLine

* Aon RiskConsole

* Aon SafetyLogic

* Analytics & Technical Services

* Casualty Risk Control

* Casualty Risk Management

* Claims Consulting

* Corporate Transactions

* Database Marketing Services

* Directors and Officers

* Employee Benefit Outsourcing

* Enterprise Risk Management

* Environmental

* Errors & Omissions

* Errors & Omissions

* Global Compensation

* Group Insurance

* Human Capital Consulting and Outsourcing

* Individual Insurance

* Investment Banking Group

* iVOS

* Kidnap & Ransom Insurance

* Mergers & Acquisitions

* Minority Business Enterprises

* Paragon Consulting

* Political Risk Management

* Property Risk Control

* Property Risk Management

* Reinsurance Client Services

* Retirement

* Retirement

* Terrorism Risk Management

* Treaty Reinsurance.

The gain of insurance brokers in the USA was considerably reduced against recession because of reduction of volumes of insurance of property and responsibility.

The insurance brokers which financial position is stable, at present have a wide choice of the purposes for absorption.

AON Corp., the second-large insurance broker of the USA, will extend at the expense of absorption weakened by recession Competitors.

Aon declared plans on July, 12th to get Partners of the expert in manpower Hewitt Associates for $4,9 billion in the transaction cash-calculation-and-valuable-papers which almost will treble the size of its consulting business. The transaction, accepting it it is approved by regulators, is the company, the biggest ever, and sharply expands the push in a manpower consulting all over the world.

by: Andrew Andreeff

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