LONDON, Oct. 17 /PRNewswire-FirstCall/ -- Aon Risk Services, the leading global risk and insurance firm, has developed a range of new products to respond to the recent economic volatility.

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

The series of product suites is designed to help companies mitigate and deal with the risks they face from rapidly changing markets. The launch follows client and stakeholder feedback received through the Aon Situation Room, which was established to provide clients with real-time information on the impact of volatile markets on various insurance markets.

The new product suites, further details of which are available at http://www.aon.com/solutionroom, include:

-- Aon Flex (Carrier insolvency protection) -- Developed to mitigate the risk of a carrier on a company's existing insurance programme becoming financially impaired or insolvent, this ensures the company is not left without cover.

-- Property & Casualty -- As volatility in financial markets puts strain on the asset side of some insurers' balance sheets, many businesses are seeking assurance over the efficacy of their insurance programme. This service provides an option to deliver certainty of cost, capacity and conditions.

-- Crisis Management (terrorism & extortion) -- Given that the Terrorism insurance market is restricted to a small number of carriers, there is a real risk that a major downgrade or insolvency crisis with a major terrorism market would drive terrorism insurance rates up. This product gives businesses access to Terrorism Insurance capacity at pre-arranged agreed terms and conditions.

Commenting on the launch of the new product suites, John Turner, head of broking excellence, UK, said: "The business world finds itself negotiating an alarming stretch of financial rapids, as we head towards a new economic reality at breakneck speed. Aon has recognised and responded to the anxieties of businesses in a time of such turmoil. It is absolutely vital that businesses constantly monitor and assess whether they are comfortable with the risk mitigation programme they currently have in place is still suitable and comprehensive. It may very well be that businesses need to take no action at all, but the worst course of action would be to operate in the dark.

"As well as these products and Aon's existing solutions, such as Trade Finance and Protected Cell Companies, might now be more relevant and suitable for businesses in light of the economic volatility we find ourselves in."

   For more information contact:
   London                            Chicago
   David Skapinker                   Kelly Drinkwine
   020 7505 7478                     312.755.3537
   David.Skapinker@aon.co.uk         Kelly.Drinkwine@kemperlesnik.com

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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 36,000 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 named the world's best broker by Euromoney magazine's 2008 Insurance Survey. In 2008, Aon ranked highest on the Business Insurance ranking of the world's largest insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues. Aon also was ranked by A.M. Best as the number one insurance broker based on brokerage revenues in 2007 and 2008, and was voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 and 2008 by the readers of Business Insurance. For more information on Aon, log onto http://www.aon.com/.

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SOURCE: Aon Corporation

CONTACT: London, David Skapinker of Aon Corporation, 020 7505 7478,
David.Skapinker@aon.co.uk; or Chicago, Kelly Drinkwine, +1-312-755-3537,
Kelly.Drinkwine@kemperlesnik.com, for Aon Corporation

Web site: http://www.aon.com/