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Aon Launches New Captive and ART Website

London - 03 February 2004 - Aon Captive Services Group (ACSG) has announced the launch of a new online service providing clients with instant access to data on their captive arrangements together with the latest market information relating to captives and associated Alternative Risk Transfer developments.

The new website is divided into two sections: 'e-Captive' provides clients with the opportunity to access their captive's information from one central point: while 'ARTeFACTS' provides clients with a wide range of online information on the captive and alternative risk market.

Commenting on the launch of the new service Philip Stamp, Chairman and Chief Executive Officer of ACSG said:

"With research showing that companies are increasingly seeing captive use as much more of a long term risk financing strategy regardless of the fluctuations of the insurance pricing cycle, online access to their captive arrangements will provide even greater control and flexibility.

"The new portal will help increase productivity by improving the flow of information and freeing up time to spend on other tasks. The portal facilities are unique, password protected websites set up on a secure extranet and hosted on a secure and resilient platform, using IBM software. We believe these industry-leading facilities demonstrate Aon's continued investment in the captive and alternative risk market and show our commitment to deliver superior services to our clients," Stamp added.

Note to Editors
About Aon

Aon is the UK's largest insurance broker and provider of risk management services, a major force in reinsurance and number four in the UK human capital consulting market. With more than 10,000 staff spread across 90 UK offices, Aon combines an in-depth knowledge of the UK market with an unmatched global reach and perspective. Aon's structure cuts across boundaries and unites specialists from around the world in global business units. Around the world, Aon posted 2002 revenues of $8.8 billion dollars, and has more than 55,000 employees in 600 offices across 125 countries, servicing clients requirements at a global level whilst responding to clients specialist needs in individual markets.


About Aon Captive Services Group

Aon Captive Services Group (ACSG) a division of Aon's UK arm, provides captive and risk financing solutions. With more than 500 staff and offices worldwide, the division is split into three businesses: Aon Insurance Managers, which provides captive management services; IRMG which provides captive and ART consulting; and Risk and Insurance Research Group, providing publishing and conference services in the captive and ART areas.


For further information please contact:

Sebastian St. John Clark
(Aon Corporate Affairs)
Tel: 020 7216 3205
Email: sebastian.clark@aon.co.uk

Emily Watson
(Financial Dynamics)
Tel: 020 7269 7231
Email: emily.watson@fd.com

 

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

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