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Aon HRO Selects BenSoft to Deliver Web-based Flexible Spending Account Administration for its Human Capital Consulting Clients
PRNewswire-FirstCall
WASHINGTON

Aon (NYSE: AOC) has announced that it will integrate BenSoft's RepayMe® into its global, end-to- end human resource solutions provided to clients by Aon Human Resource Outsourcing (Aon HRO), a division of Aon Consulting. The announcement was made at the Employers Council on Flexible Compensation in Washington, DC.

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

Aon HRO provides clients with comprehensive outsourced health and welfare services, defined benefit and defined contribution solutions, performance measurement and improvement services, hiring and training expertise, leadership, learning and human resources best practices and payroll administration.

RepayMe is a web-based reimbursement account administration service offered through BenSoft. By offering the RepayMe technology, Aon clients will benefit from the addition of a fully automated, web-based solution to manage reimbursement accounts, such as Flexible Spending Accounts (FSA), Health Reimbursement Accounts (HRA) and Transportation and Parking Accounts (S132).

Gary Budzinski, president of Aon HRO, said, "With the combination of skyrocketing healthcare benefit costs and the heightened emphasis on attracting and retaining a high-performance workforce, employers need next generation benefit services to grow their business. The alliance between Aon and BenSoft will give our customers the ability to offer employees attractive benefit programs while eliminating the burden of back-office functionality and dramatically reducing the costs associated with manual administration and reimbursement."

Tom Horan, BenSoft's president and CEO, stated, "We are very pleased to work with Aon and to integrate RepayMe into their HRO services. We are looking forward to supporting Aon, a market leader in Benefits and HRO Services with a long tradition of offering the highest quality outsourcing solutions."

RepayMe enables customers to simplify benefit administration processes with an easy to use interface. Key features include:

  -- Automatically emailing participants with claim status updates and
     reimbursement notifications
  -- Automatically sending alerts and reminders to participants to make use
     of account balances prior to the end of the plan year
  -- Customizable web and e-mail communications
  -- Personalized debit cards that eliminate out of pocket expenses for plan
     participants and speeds claims processing


  About Aon

Aon Corporation ( http://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.

Aon Consulting is among the top global human resources consulting firms, with 2004 revenues of $1.247 billion and 7,500 professionals in 120 offices throughout the world. Aon Consulting delivers integrated consulting solutions to help clients with employee benefits, human resources outsourcing, compensation, communication and management consulting.

About BenSoft

Founded in 1991 and headquartered in San Diego, CA, BenSoft has developed RepayMe, an ASP-based benefits administration software solution designed specifically for Third party Benefits Administrators or self-administrating employers seeking a cost-effective reimbursement account administration solution. RepayMe is the 100% Web-based software solution that provides an integrated real-time debit card option, online Participant Claim Entry, Employee Self Service, Employer Self Service, and a Business Processing Outsource (BPO) option for FSA/HRA/HSA management. BenSoft provides innovative benefits solutions to companies ranging in size from 250 to over 250,000 employees.

   Contact:
   Dana Sohn, Aon Consulting, +1.312.381.4786, dana_sohn@aon.com
   Tom Horan, BenSoft, Inc., +1.866.484.2650 ext. 110, tomhoran@bensoft.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, 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.

Photo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com

SOURCE: Aon Corporation

CONTACT: Dana Sohn of Aon Consulting, +1-312-381-4786,
dana_sohn@aon.com , or Tom Horan of BenSoft, Inc., +1-866-484-2650 ext. 110,
tomhoran@bensoft.com

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

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