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Aon's Renewal of Aon Client Treaty Expands Insurance Capacity
ZACKS· 2024-12-03 18:55
Aon plc (AON) recently announced a record-breaking renewal of its Aon Client Treaty (ACT) for 2025. ACT is AON’s signature London Market placement facility, which aids clients in securing new sources of risk capital.Now entering its 10th year, ACT will provide co-insurance of 28.5% of the business placed through Aon’s Global Broking Centre in London. This marks the largest capacity increase from 22.5% in 2024. Moreover, the treaty has added three new market partners, and all current participants have renewe ...
Aon names Anne Corona as CEO of Enterprise Clients and Global Chief Commercial Officer
Prnewswire· 2024-12-03 00:30
Group 1 - Aon plc has appointed Anne Corona as CEO of Enterprise Clients and global chief commercial officer, effective January 1, 2025, to enhance its commercial capabilities and better serve clients [1][2] - In her new role, Corona will collaborate with Aon's Enterprise Client Group leaders and regional chief commercial officers to implement the next generation Aon Client Leadership strategy, focusing on delivering integrated solutions [2][3] - Lori Goltermann, CEO of Regions and North America for Aon, emphasized that Corona's leadership and strategic vision will strengthen Aon's capabilities to help clients navigate complex risk and people issues [3] Group 2 - Corona has nearly 25 years of experience with Aon, previously serving as CEO of Asia Pacific, where she drove innovation and growth while enhancing client relationships [3][4] - She aims to support Aon's commitment to innovation, which differentiates the firm in serving clients across Risk Capital and Human Capital [4] - Aon operates in over 120 countries, providing clients with actionable insights and integrated expertise to make informed decisions that protect and grow their businesses [4]
Aon Client Treaty Renews with Record-Setting Support for 2025
Prnewswire· 2024-12-02 12:00
Flagship facility will grow to co-insure 28.5 percent of business placed by Aon's Global Broking Centre, a record increase as it enters its tenth year Renewal includes three-year letter of intent from market partners and introduction of "ACT Client Dividend" — two landmark client featuresLONDON, Dec. 2, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the successful renewal and expansion of the Aon Client Treaty (ACT). ACT is the firm's signature London ...
AON Stock Rises 42.6% in Six Months: Get It or Let It Go?
ZACKS· 2024-11-29 20:16
Aon plc (AON) is strengthening its analytics capabilities while achieving growth through robust client retention and consistent new business acquisitions. The company has seen its shares rise 41.8% in the past six months, outpacing the industry’s 29.7% growth. The company also outperformed the S&P 500’s return of 14.2% during this period.AON’s Six-Month Price PerformanceImage Source: Zacks Investment ResearchThe stock is trading above its 50-day and 200-day moving averages, indicating solid upward momentum. ...
Jeeno Thitikul Wins $1 Million Prize in 2024 Aon Risk Reward Challenge
Prnewswire· 2024-11-19 14:00
Core Insights - Aon plc and the LPGA Tour announced Jeeno Thitikul as the winner of the 2024 Aon Risk Reward Challenge, receiving a $1 million prize and the Aon Trophy for her exceptional decision-making throughout the season [1][4]. Group 1: Jeeno Thitikul's Achievements - Jeeno Thitikul, a Thai golfer, has quickly risen to prominence on the LPGA Tour, achieving three victories since turning professional at age 19 [2]. - In the 2024 season, Thitikul demonstrated elite decision-making with a +0.39 strokes gained on Challenge holes and a 35% go-for-green success rate, ranking second among 147 participants [2]. - Thitikul's accolades include being named 2022 Rookie of the Year and winning the 2023 Vare Trophy for the lowest scoring average [3]. Group 2: Aon Risk Reward Challenge Overview - The Aon Risk Reward Challenge is a season-long competition that highlights strategic decision-making in golf, requiring players to compete in a minimum of 40 rounds [6]. - The Challenge runs across 30 regular season tournaments, with Aon providing insights and marketing support, contributing to the growth of the LPGA Tour [5][7]. Group 3: Aon's Commitment to Women's Golf - Aon emphasizes the importance of showcasing women's golf talent and supporting next-generation players through initiatives like the Aon Risk Reward Challenge [4][5]. - The partnership with the LPGA Tour reflects Aon's commitment to enhancing the visibility and impact of women's professional golf [4].
Aon Launches Cyber Risk Analyzer to Mitigate Clients' Cyber Risk Exposure
Prnewswire· 2024-11-18 15:00
Tool enables risk managers, brokers and CISOs to better evaluate cyber risk and maximize insurance value Cyber Risk Analyzer is the latest release under Aon Actionable Analytics, which already includes Property Risk, Casualty Risk, D&O Risk and Health Risk analyzers CHICAGO, Nov. 18, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today launched its Cyber Risk Analyzer, a digital application that allows risk managers to make data-driven, technology-enabled decisions t ...
Aon to acquire UK-based Insurance Broker Griffiths & Armour
Prnewswire· 2024-11-01 13:15
DUBLIN, Nov. 1, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the signing of a definitive agreement to acquire UK-based insurance broker Griffiths & Armour. Upon completion of the transaction, Griffiths & Armour will become wholly-owned by Aon UK Limited and is proposed to go to market as "Griffiths & Armour, an Aon company".The acquisition closely aligns with Aon's strategy to further expand its presence in the UK and Ireland. The combination will pr ...
AON(AON) - 2024 Q3 - Quarterly Report
2024-10-25 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-7933 Aon plc (Exact Name of Registrant as Specified in Its Charter) IRELAND 98-1539969 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Iden ...
AON Q3 Earnings Beat Estimates on Commercial Risk Solutions Strength
ZACKS· 2024-10-25 16:50
Aon plc (AON) reported third-quarter 2024 adjusted earnings of $2.72 per share, which beat the Zacks Consensus Estimate by 11%. The bottom line advanced 17% year over year. Total revenues of $3.72 billion improved 26% year over year. The top line beat the consensus mark by 0.5%. It consisted of organic revenue growth of 7% and 19% growth from acquisitions. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Aon's strong third-quarter results were supported by strong retention in multip ...
AON(AON) - 2024 Q3 - Earnings Call Transcript
2024-10-25 15:35
Aon plc (NYSE:AON) Q3 2024 Earnings Conference Call October 25, 2024 8:30 AM ET Company Participants Greg Case - CEO Edmund Reese - EVP and CFO Eric Andersen - President Conference Call Participants Andrew Kligerman - TD Securities Alex Scott - Barclays Elyse Greenspan - Wells Fargo Michael Zaremski - BMO Capital Markets Jimmy Bhullar - JPMorgan Grace Carter - Bank of America David Motemaden - Evercore ISI Dean Criscitiello - KBW Robert Cox - Goldman Sachs Operator Good morning, and thank you for holding. W ...