London, 14 November 2005 - Cass Business School has appointed Aon Limited’s Alan Punter as a Visiting Professor in Insurance and Risk Management. The award recognises Dr Punter’s past contribution to the School’s teaching and his standing within the insurance industry amongst academics and practitioners.
Alan Punter, who is a Managing Director within the Chairman’s Office at Aon Limited, completed his MBA in finance with distinction in 1983 at Cass (then known as the City University Business School) and has since been a visiting lecturer at the school on various undergraduate, masters and MBA degree courses.
Commenting on his appointment, Dr Punter said: “Although this appointment is a personal one, it also signals the desire of Cass to further develop a mutually beneficial relationship with the insurance industry in general and Aon in particular. I am honoured that my past contributions have been recognised in this way and look forward to further developing both my and Aon’s excellent relationship with Cass.”
Head of the Faculty of Actuarial Science and Statistics at Cass, Professor Richard Verrall l, added: “Over the years Alan Punter has made an outstanding contribution to insurance research and teaching at the Business School. In making this award, the appointment panel also reviewed his published work, which includes articles in academic journals, the trade press and a textbook on risk management and finance as well as regular speeches at conferences and seminars.
“The appointment of Alan Punter as a Visiting Professor, while recognising his intellectual leadership, will also help us to further develop our relationship with the insurance industry.”
About Aon
Aon Corporation (www.aon.com ) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. The company employs approximately 53,000 professionals in its 600 offices in more than 120 countries. Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions.
About Cass Business School
Cass Business School delivers innovative, relevant and forward-looking education, training, consultancy and research. Located on the doorstep of one of the world's leading financial centres, Cass is perfectly positioned to be the intellectual hub of the City of London. Our dialogue with business shapes the structure and content of all our programmes of study, our executive education programmes and our research. Our MBA, Specialist Masters and Undergraduate Programmes have a reputation for excellence in professional education. In 2004, the Financial Times ranked Cass 2nd in the UK and 6th in Europe.
The school undertakes research of national and international significance and supports almost 100 PhD students. Cass has the largest Finance Faculty and the largest Actuarial Science & Statistics Faculty in Europe. Our finance research is ranked 2nd in Europe and 4th in the World outside the US by Financial Management Magazine and our insurance and risk research is ranked 2nd in the world by the Journal of Risk and Insurance.
Cass is a place where students, academics, industry experts, business leaders and policy makers can enrich each other's thinking. For further information visit: www.cass.city.ac.uk
This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results, depending on a variety of factors. Potential factors that could impact results include the general economic conditions in different countries around the world, fluctuations in global equity and fixed income markets, exchange rates, rating agency actions, pension funding, ultimate paid claims may be different from actuarial estimates and actuarial estimates may change over time, changes in commercial property and casualty markets and commercial premium rates, the competitive environment, the actual costs of resolution of contingent liabilities and other loss contingencies, the heightened level of potential errors and omissions liability arising from placements of complex policies and sophisticated reinsurance arrangements in an insurance market in which insurer reserves are under pressure, and the timing and resolution of related insurance and reinsurance issues relating to the events of September 11, 2001. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, are contained in the Company's filings with the Securities and Exchange Commission.
Aon Limited is authorised and regulated by the Financial Services Authority in respect of insurance mediation activities only.
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