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Aon Appoints Dawe-Lane to Raise Awareness of UHNW Risk Audits
London
NYSE: AOC

LONDON, 2 April 2008 – Aon has appointed Harry Dawe-Lane to its ultra high net worth (UHNW) team, Aon Private Risk Management (APRM). He will help to protect clients’ wealth through promoting Aon’s risk audit service for family offices.

 

Aon works with international family offices through a global network and has specialisms ranging from yachts, property and fine art through to personal liabilities.

 

As business development executive for Aon Private Risk Management, he will be responsible for advising UHNW families and individuals on their risk management issues and specific insurance requirements, in addition to building business relationships within the ultra high net worth sector, including law firms and wealth management companies. Harry will focus on strengthening UK/European business from his London base.

 

Harry commented: “The wealthy are becoming wealthier, as shown in the latest Forbes list, and our risk audit will help assist them in better protecting their assets and liabilities. We seek to identify exposures that families may not have previously considered, such as liability stemming from non-exec directorships or exposure to kidnap & ransom, as well as looking at the more usual aspects like the fine art collection or global property portfolio. We’re bringing a unique approach to risk that will allow family offices and their advisers to have one point of contact for their entire insurance portfolio.”

 

Harry has worked with wealthy private clients for nearly 10 years. He joined Aon Artscope, the specialist art insurance brokerage of Aon, in 2002 to manage the insurance programmes of private collectors, Mayfair galleries and auction houses. Previously he spent two years with Christie’s Auctioneers in London as a valuer.

 

Charles HamiltonStubber, director of Aon Private Risk Management, added: “Harry is an experienced manager of a diverse portfolio of art related insurances, ranging from small private collectors to some of London’s most prestigious galleries, so he is familiar with the needs of UHNWs. He brings an invaluable insight into their evolving asset management issues, lifestyles and risks which in turn will drive the expansion of the business.”

 

Ends

For more information contact:

Alexandra Lewis

0207 882 0541

Alexandra.lewis@aon.co.uk

 

 

About Aon

Aon Corporation (NYSE:AOC) is the leading global provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting. Through its 37,000 colleagues worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Our industry-leading global resources, technical expertise and industry knowledge are delivered locally through more than 500 offices in more than 120 countries. Aon was ranked by A.M. Best as the number one global insurance brokerage in 2007 based on brokerage revenues, and voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 by the readers of Business Insurance. For more information on Aon, log onto www.aon.com

 

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 successfully close the sales of our Combined Insurance and Sterling Life Insurance businesses, the impact of current, pending and future regulatory and legislative actions that affect our ability to market and sell, and be reimbursed at current levels for, our Sterling subsidiary's Medicare Advantage health plans, 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 U.S. state attorneys general, U.S. state insurance regulators, U.S. federal prosecutors, U.S. federal regulators, and regulatory authorities in the U.K. and other countries, the impact of class actions and individual lawsuits including client class actions, securities class actions, derivative actions, ERISA class actions, the impact of the analysis of practices relating to stock options, 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.

 

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