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Aon Media Center

Aon Travel Wins Contract to Handle Travel Insurance Broking Business From Online Provider Essential Travel

London  -  7th June 2004 - Aon Travel, part of Aon Limited, the insurance broking. risk management and human capital consultants, has been successful in winning the travel insurance broking business of online affiliate insurance provider, Essential Travel.

As part of the deal, Aon will oversee the service provided to Essential Travel clients and will work with the business to identify ways in which to develop new products and methods of distribution using Essential Travel's internet technology.

Commenting on the deal, Jeremy Edland, Head of Aon Travel, said: "Essential Travel is a market leader of travel insurance sold over the internet and operates an extremely impressive website and sales support service. We are delighted to be working with Essential Travel, further boosting our exposure in the growing travel insurance internet market".

Stuart Bensusan, Managing Director of Essential Travel, commented: "As part of our next phase of expansion it was important to select a provider that would give our affiliate network and their customers confidence in the products we provider. Aon's involvement will provide this confidence and we are very excited about the growth that we will achieve during the next twelve months".

Notes to Editors

About Aon Travel
Aon Travel is renowned in both the travel and insurance industries as being a market leader in innovative and progressive travel products. Aon Travel negotiates and delivers a complete range of travel insurance schemes for travel companies, financial institutions, affinity groups and other businesses retailing travel insurance.

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 Essential Travel
For further information log onto www.essentialtravel.co.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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