BIRMINGHAM, 30 March 2006 – Aon UK, a leading insurance broker, risk management and human capital consultant, is merging its two Birmingham offices this week (1 April) to bring together 180 employees in its existing location in Edmund Street. The move is part of plans to strengthen the Birmingham team and will deliver a more focused service for clients in the Midlands.
Aon’s national claims operations, headquartered in Birmingham and comprising a team of 26, will be moving from their New Street office to join colleagues in Aon’s insurance and risk management teams, who specialise in corporate, professions, trade credit and marine, and Aon Consulting’s pensions and benefits experts.
John Bell, Head of Claims for Aon, said: “By taking advantage of the synergies between the company’s offerings we can increase understanding of clients’ needs and deliver a better service. We’re really looking forward to the move and communicating face to face with our colleagues rather than just relying on email and phone.”
Ian Stutz, Head of Client Management in Birmingham, has found Edmund Street an ideal location since Aon located there in the 1988. Mr Stutz said: “Birmingham has witnessed a renaissance over the last 15 years that has benefitted the community and businesses alike. We’ve never been more committed to providing the highest quality of insurance services to all sectors of this vibrant city and, by uniting our teams, we will be able to offer our clients a more integrated and specialist service whilst focusing on opportunities within the business to drive our growth.”
Mr Stutz continued: “Keeping this central location means we can service clients effectively across the Midlands whilst investing in talent by providing an accessible office for our employees with good transport links and close to city centre amenities.”
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.
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.
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