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Aon Specialty Product Network Forms Strategic Partnership with Mid-Continent General Agency
Partnership will benefit independent agents and brokers with health care clients
PRNewswire-FirstCall
CHICAGO

Aon Specialty Product Network (ASPN) today announced it has partnered with Mid-Continent General Agency, a managing general underwriter and program manager based in Houston, to provide independent agents and brokers with the ability to meet the liability insurance needs of health care professional clients.

(Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO )

Mid-Continent's single-market focus on health care, coupled with its depth of industry knowledge and experience, allows the company to offer unique professional liability programs and health care accounts, including programs for allied health care, critical access, rural and specialized hospitals, and long-term care.

  Specifically, Mid-Continent offers:

  -- Allied Healthcare Program: Professional liability, errors and omissions
     (E&O) liability, general liability, and non-owned automotive coverage
     (with the exception of physicians, dentists and hospitals); claims
     defense; and sexual abuse coverage (available in all states)
  -- Long-Term Care Program: Professional and general liability coverage for
     long-term care facilities, including skilled nursing homes, assisted
     living centers and independent living centers (available in all states,
     except Alaska and Hawaii)
  -- Small Hospitals Program: Professional and general liability coverage
     for small hospitals, available to critical access, rural/community and
     certain specialty hospitals with under 100 staffed beds (currently
     available in eight states and anticipated to be offered nationwide
     within 12 months)

Mid-Continent specializes in disassembling the risk transfer process to create customized approaches for clients, with special attention to the needs of start-up operations and franchises. Mid-Continent expects to double in size over the next 24 months, and plans to introduce at least one new product per year for the next five years.

Aon Specialty Product Network, known as ASPN ( http://www.askaspn.com/ ), is the marketing arm for more than 30 specialty insurance companies. All of the network provider companies are either owned by Aon or are affiliates of Aon, and are dedicated to placing and managing unusual and specialized insurance risks for retail agency clients. The Wholesale Brokerage, Managing General Underwriters and Insurance Service Companies that are part of the ASPN network offer more than 450 products, programs and services.

For more information about professional and general liability coverage for health care providers, contact ASPN at 1-877-ASK-ASPN (1-877-275-2776), visit http://www.mid-continentga.com/ , or contact Phil Cabaud at 1-713-639-6200.

About Aon

Aon Corporation (NYSE: AOC) ( http://www.aon.com/ ) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. There are 47,000 employees working in Aon's 500 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.

For more information, contact:

Thaddeus Woosley, Aon Corporation, Thaddeus_woosley@aon.com, +1.773.381.2446

This press release contains certain statements related to future results, or states our intentions, beliefs and expectations or predictions for the future 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: general economic conditions in different countries in which we do business around the world, changes in global equity and fixed income markets that could affect the return on invested assets, fluctuations in exchange and interest rates that could influence revenue and expense, rating agency actions that could affect our ability to borrow funds, funding of our various pension plans, changes in the competitive environment, our ability to implement restructuring initiatives and other initiatives intended to yield cost savings, our ability to implement the stock repurchase program, changes in commercial property and casualty markets and commercial premium rates that could impact revenues, changes in revenues and earnings due to the elimination of contingent commissions, other uncertainties surrounding a new compensation model, the impact of investigations brought by state attorneys general, state insurance regulators, federal prosecutors, and federal regulators, the impact of class actions and individual lawsuits including client class actions, securities class actions, derivative actions, and ERISA class actions, the cost of resolution of other contingent liabilities and loss contingencies, and the difference in ultimate paid claims in our underwriting companies from actuarial estimates. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission.

Photo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com

SOURCE: Aon Corporation

CONTACT: Thaddeus Woosley of Aon Corporation, +1-773-381-2446,
Thaddeus_woosley@aon.com

Web site: http://www.askaspn.com/
http://www.mid-continentga.com/
http://www.aon.com/

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