LONDON  –   16 June 2005  –  A new cargo insurance website, GoCargoInsurance.com, has been launched to bridge the gap created after the introduction of new regulations from the Financial Services Authority. From January 2005, freight forwarders who have not obtained FSA authorisation are no longer allowed to sell insurance direct to their customers.

The website, owned and operated by Drakefield Insurance Services Limited and supported by Aon Limited, the UK’s largest insurance broker and risk management consultant, has been designed to enable cargo owners to obtain instant cost-effective insurance for their cargo.

Users can benefit from access to GoCargoInsurance.com 24 hours a day and will be guided by a simple-to-use rating engine.  The website provides cargo owners with instant quotations and insurance certificates online, enabling them to obtain confirmation that their goods are fully insured, with immediate effect.

GoCargoInsurance.com is inviting freight forwarders to register on the website, with the opportunity to receive a commission and strengthen their customer relationships when they direct cargo owners online to purchase a policy for their cargo.

Over 90% of British International Freight Association (BIFA)’s membership supplied insurance prior to the introduction of the FSA regulation.  This internet-based solution enables forwarders to maintain their revenues without the responsibilities of compliance, administration and claims handling - which are provided by a dedicated team of insurance experts.  Drakefield Insurance Services is responsible for operating the site and policies are underwritten by a leading cargo insurer, Royal & SunAlliance.

British International Freight Association (BIFA) Director-General, Colin Beaumont, commented: “This is an innovative and effective solution for cargo owners and their forwarders who wish to access cargo insurance, when registration with the Financial Services Authority is not an option.”

Paul Marks, Managing Director of Aon’s Marine Division, added: “Recognising an industry-wide problem, we knew it was crucial to provide an alternative way of supporting freight forwarders who, without FSA registration, could no longer offer a cargo insurance service to their customers. GoCargoInsurance.com has proved to be an innovative solution, demonstrated by the high number of forwarder registrations and repeat customer sales by cargo owners.”

Mike Jones, Contracts/Insurance Manager for international transporters and logistic operator Geodis UK Limited, said: “An increasing number of our Shippers are now placing their insurance cover with GoCargoInsurance, having found the website an easy to use method of obtaining quotations."

Kelly Stanfield, Office Manager of cargo owner Seho Limited, remarked: “We use GoCargoInsurance for our soldering machinery exports from Korea and China as the ratings are competitive and we are able to obtain instant insurance certificates online.”

All BIFA members are pre-listed on GoCargoInsurance.com to facilitate quick and free registration, and details of policy coverage and exclusions are available online.

Notes to Editors

GoCargoInsurance.com enables forwarders to receive a commission when their customers purchase a cargo policy online. Available 24 hours a day, the Internet-based solution is owned and operated by Drakefield Insurance Services, approved by the FSA and underwritten by Royal & SunAlliance.

GoCargoInsurance is a division of Drakefield Insurance Services Limited, regulated and authorised by the Financial Services Authority, the UK's financial services regulator. Drakefield Insurance Services Limited are members of the British Insurance Brokers Association and are Associate Members of BIFA.

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 48,000 professionals in its 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.

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, 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 regulatory investigations brought by state attorneys general and state insurance regulators related to our compensation arrangements with underwriters and related issues, the impact of class actions and individual lawsuits including derivative actions and claims under ERISA, 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.

Aon Limited is authorized and regulated by the Financial Service Authority in respect of insurance mediation activities only.

Aon Limited is authorised and regulated by the Financial Services Authority in respect of insurance mediation activities only.