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Schofield Appointed Head of Strategy for Aon Re Global Fac
Global role key in delivering consistent offering across 42 locations

 

 

 

LONDON, 23 January 2008 – Aon Re Global Fac, a division of the world’s largest reinsurance broker and integrated capital solutions provider, Aon Re Global, has appointed Oliver Schofield as head of global strategy. Oliver has also been appointed to the Aon Re Global Fac Executive Committee.

 

 

 

 

 

Oliver first joined Aon in 1996 and has developed a broad range of expertise, including general risk management, captive reinsurance, alternative risk transfer and the strategic management of risk & insurance knowledge across Aon. Most recently he held various strategy roles in Aon Global.

 

 

 

 

 

Prior to taking up his role in Aon Global, Oliver led Aon’s Property Global Practice Group, where he was responsible for the global coordination and dissemination of Aon’s property knowledge, ensuring that the very best property skills and talents that Aon can offer globally were made available to Aon clients wherever they be located in the world. In this capacity, Oliver pioneered Aon’s global property benchmarking process, producing benchmark reports for more than 1,500 Aon clients and prospects covering more than 50 different industry sectors.

 

 

 

 

 

Elliot Richardson, CEO of Aon Re Global Fac, commented: “Receiving a consistent offering across our 42 offices is of significant importance to our clients. It is vital that someone coordinates this on a global scale so we offer best service. Oliver's expertise and market reputation are perfectly suited to this role and we are delighted to welcome him to the team.

 

 

 

 

 

“As head of global strategy, he will be using that knowledge to help us position and leverage our strengths and resources with the markets to ensure we are able to offer our clients a service that befits a global market leader.”

 

 

 

 

 

Oliver is a regular conference speaker and the author of a number of articles and publications on Asian, European and American business, global markets, captives and ART.

 

 

 

 

 

 

 

 

Photograph of Oliver Schofield: http://www.aon.com/uk/en/about/media-centre-08/images/oliver-schofield-high-res.jpg

 

 

 

 

 

For more information contact:

 

 

Reuben Aitchison

 

 

+44 (0)20 7086 7201

 

 

reuben.aitchison@aon.co.uk

 

 

 

 

 

About Aon

 

 

Aon Re Global, the world’s leading and most preferred reinsurance intermediary, provides clients with integrated capital solutions and services through a world-class network of experts in more than 35 countries. Clients are better able to differentiate and meet their business objectives with Aon Re Global's best-in-class treaty and facultative reinsurance placement services, capital markets expertise, and relevant analytics and technical expertise, including catastrophe management, actuarial, and rating agency counsel. Aon Re Global was named best reinsurance broker in 2007 and 2006 by readers of Business Insurance, in 2007 by readers of US Insurer and in 2006 by readers of Reinsurance.

 

 

 

 

 

Aon Corporation (NYSE:AOC) is the leading global provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. Through its 43,000 professionals 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 ranked by A.M. Best as the number one global insurance brokerage in 2007 based on brokerage revenues, and voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 by the readers of Business Insurance. For more information on Aon, log onto www.aon.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, our ability to implement restructuring initiatives and other initiatives intended to yield cost savings, our ability to successfully execute strategic options for our Combined Insurance subsidiary, the impact of current, pending and future regulatory and legislative actions that affect our ability to market and sell, and be reimbursed at current levels for, our Sterling subsidiary’s Medicare Advantage health plans, 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 investigations brought by state attorneys general, state insurance regulators, federal prosecutors, and federal regulators, the impact of class actions and individual lawsuits including client class actions, securities class actions, derivative actions, ERISA class actions, the impact of the analysis of practices relating to stock options, 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 authorised and regulated by the Financial Services Authority in respect of insurance mediation activities only.

 

 



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