What kind of insurance is Aon?
Aon develops, delivers and administers personal insurance products for affinity groups, including property and casualty, life and health, as well as specialty offerings. We thrive on the opportunity to design individual insurance programs.
Aon Benfield, the world's leading reinsurance broker and intermediary, provides clients with integrated capital solutions and services, delivering objective advice and fostering competition among highly rated reinsurers and an expanding array of new and alternative capital providers.
Aon is a global professional services firm that provides a wide range of risk, reinsurance, retirement, and health solutions. With more than 50,000 employees in 120 countries, the company supports customers worldwide by using propriety data and analytics to deliver insights that improve performance.
Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
Aon plc is the leading global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing.
Aon – a recognised provider of professional risk management and insurance services to the medical and care sector – provides you with the security you want on the best possible terms. That way, you can concentrate on your core business.
Aon reported $12.4 billion in brokerage revenue in 2022, up 1.8% from the prior year, and remains No. 2 in Business Insurance's ranking of the world's largest brokerages.
Who owns Aon? Aon (NYSE: AON) is owned by 86.08% institutional shareholders, 15.46% Aon insiders, and 0.00% retail investors. Patrick G. Ryan is the largest individual Aon shareholder, owning 16.70M shares representing 8.42% of the company.
Aon and Willis Towers Watson called off a $30 billion merger in July 2021 that would have created the world's largest insurance broker amid anti-trust scrutiny.
Clear Blue Insurance is suing global broking giant Aon over accusations of fraud, alleging in a new lawsuit that Aon eschewed standard marked practice and plunged the insurance company into “a global, multibillion-dollar insurance and reinsurance scandal with hundreds of millions of dollars of insurance and reinsurance ...
Who competes with Aon?
Aon's competitors and similar companies include Marsh McLennan, WTW, Gallagher and JLT Group Holdings. Aon is a professional services company that specializes in risk, health, and wealth solutions.
At Aon, we place approximately $30 billion of global property reinsurance premiums.
As a firm, Aon is committed to creating a work environment where every colleague feels safe and comfortable being their authentic self, experiences a sense of belonging, is empowered to reach their full professional potential and is valued for the unique perspectives and talents they bring.
We provide our clients with the advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business. Our collaborative approach ensures every Aon client is better informed, better advised and able to make better decisions that protect and grow their business.
| Name | Equities | % |
|---|---|---|
| Vanguard Fiduciary Trust Co. 8.874 % | 17,597,172 | 8.874 % |
| Massachusetts Financial Services Co. 6.290 % | 12,472,342 | 6.290 % |
| BlackRock Advisors LLC 5.291 % | 10,492,556 | 5.291 % |
| Capital Research & Management Co. (World Investors) 4.913 % | 9,741,551 | 4.913 % |
As a global organisation offering a diverse range of products and services to meet common and not-so-common business needs, our client-centric approach is what makes the Aon brand.
Aon Underwriting Managers (AUM) is a Managing General Agent (MGA) owned by Aon UK Limited operating under delegated authority on behalf of Insurers to provide underwriting and/or claims handling services.
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- #1: United Health Group (UNH)
- #2: Berkshire Hathaway Inc. ( BRK.B)
- #3: CVS Health Corp Group (CVS)
- #4: The Cigna Group (CI)
- #5: Elevance Health Inc. ( ELV)
- #6: Centene (CNC)
- #7: Ping An Insurance (PNGAY)
- #8: Allianz (ALIZY)
Our name, logo and look and feel is changing from Aon to Alight.
Where is Aon headquartered?
You can cancel your Aon Student Insurance free of charge at any time on a day-to-day basis.
Executive Life Insurance Company (1991) - One of the largest life insurance companies in the US, it went bankrupt due to investment losses in junk bonds.
Investors reacted to a fourth quarter earnings miss at Aon by sending the firm's shares down 2.5 percent to $292.40 on Friday, after analysts probed management on the organic growth performance of its Commercial Risk Solutions business.
In conclusion, Aon plc (AON) generates revenue through its brokerage services, investment income, incentives, and contingent commissions. The company's business model relies on its ability to provide risk management and consulting services to clients across a range of industries and geographies.
