CHICAGO, April 16 /PRNewswire-FirstCall/ -- Aon Re Global, the world's largest provider of insurance brokerage and integrated capital solutions and a unit of Aon Corporation (NYSE: AOC), today announced the appointments of Brett Houghton and Brooks Crankshaw as managing directors of Aon Capital Markets. Houghton, 33, and Crankshaw, 45, will report to Paul Schultz, president of Aon Capital Markets.
"Brett Houghton is an industry leader who brings a wealth of knowledge and experience in insurance-linked securities to Aon's rapidly growing capital markets business," said Schultz. "With his deep knowledge and breadth of experience in syndicated and securitized products, Brooks Crankshaw will help expand the capabilities of our product lines and offer new structuring capabilities to our group. Both will have a valuable impact on our business as we continue to strengthen the delivery of distinctive and integrated capital solutions to our clients."
Before joining Aon, Houghton was senior vice president in the structured finance group of Lehman Brothers, where he was responsible for the trading and product management of insurance-linked and other esoteric products. Houghton previously was a vice president in the company's fixed income and insurance products group. Before joining Lehman Brothers, he was in the investment and international insurance division at Prudential Insurance. Houghton received a bachelor's degree in mathematics and statistics from the University of Michigan in Ann Arbor. He is an associate of the Society of Actuaries and has been a speaker at numerous security industry conferences.
Crankshaw joins Aon from J.P. Morgan Securities, where as managing director of securitized products he integrated the firm's structured finance capability with its post-merger investment banking practice. Crankshaw originated, structured and invested in value-added financial transactions in the health care, retail and consumer products industries. Previously, he served as managing director and head of European asset-backed finance for Bank One Europe Limited in London. Crankshaw received a Master of Business Administration from the Wharton School at the University of Pennsylvania, and a Bachelor of Arts from the University of Michigan in Ann Arbor.
About Aon Corporation
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, and human capital and management consulting. Through its 36,000 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 named the world's "best broker" by Euromoney magazine's 2008 Insurance Survey. Aon was ranked by A.M. Best as the number 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 http://www.aon.com/.
Media Contacts Rahsaan Johnson 312.381.2684 Rahsaan_Johnson@aon.com
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SOURCE: Aon Corporation
CONTACT: Rahsaan Johnson of Aon Corporation, +1-312-381-2684,
Web site: http://www.aon.com/