Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today announces the launch of ABConnect, a new online portal that offers clients any-time access to their account data and improved transparency.

The facility is available initially to the firm’s U.S. clients, with clients in the rest of the world being activated later this year and in early 2011.

ABConnect users are able to log-on via a secure internet browser connection to access a full range of account handling features, including information on their contracts, claims, accounting and payments, and other transactional data. Meanwhile, seamless navigation and search facilities offer quick access to core functionality.

Mitch Balter, Head of Operations, Americas, at Aon Benfield added: “Aon Benfield is focused on continuing to use technology to improve transparency and reduce administrative burden in the re/insurance industry.  ABConnect addresses the many inefficiencies that occur in the use of manual processes and paper-based systems and provides readily-accessible information for audit purposes.”

ABConnect also incorporates Aon Benfield’s recently launched MarketReView platform – which contains real-time data on reinsurer financials, the capital markets, and updates from four of the top rating agencies via data streams from A.M. Best, SNL Financial and Standard & Poor’s.

ABConnect adds to Aon Benfield’s growing range of innovative technological solutions, including the award-winning FAConnect placement platform, which allows clients to quote and bind their own facultative reinsurance placements from an internet-enabled device in less than five minutes.

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About Aon Benfield

As the industry leader in treaty, facultative and capital markets, Aon Benfield is redefining the role of the reinsurance intermediary and capital advisor. Through our unmatched talent and industry-leading proprietary tools and products, we help our clients to redefine themselves and their success. Aon Benfield offers unbiased capital advice and customized access to more reinsurance and capital markets than anyone else. As a trusted advocate, we provide local reach to the world’s markets, an unparalleled investment in innovative analytics, including catastrophe management, actuarial, and rating agency advisory, and the right professionals to advise clients in making the optimal capital choice for their business. With an international network of more than 4,000 professionals in 50 countries, our worldwide client base is able to access the broadest portfolio of integrated capital solutions and services. Learn more at aonbenfield.com.

         David Bogg                                    Andrew Wragg                         Alexandra Lewis  

Aon Benfield                                       Aon Benfield                                 Aon Benfield

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