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Aon (company)

Aon plc
Public limited company
Traded as
Industry Professional services
Founded 1982
Founder Patrick Ryan
Headquarters London, United Kingdom
Area served
Worldwide
Key people
Gregory C. Case
(President and CEO)
Lester B. Knight
(Chairman)
Services Human Resources
Consulting
Risk Management
Insurance Brokerage
Reinsurance Brokerage
Outsourcing
Investment Banking
Other
Revenue Decrease US$ 11,627.0 million (2016)
Increase US$ 1,906.0 million (2016)
Increase US$ 1,396.0 million (2016)
Total assets Decrease US$ 26,615.0 million (2016)
Total equity Decrease US$ 5,475.0 million (2016)
Number of employees
69,000 (2016)
Website www.aon.com/default.jsp

Aon plc is a British multinational corporation headquartered in London, United Kingdom, that provides risk management, insurance and reinsurance brokerage, investment banking, human resource solutions and outsourcing services. Aon has approximately 500 offices worldwide, serving 120 countries with 72,000 employees.

In 2011, Aon was ranked as the largest insurance broker in the world based on revenue. Aon was the principal partner and global shirt sponsor of the Premier League team Manchester United F.C. from 2010 until 2014.

Aon was created in 1982 when the Ryan Insurance Group merged with the Combined Insurance Company of America. In 1987, that company was renamed Aon, a Gaelic word meaning [one].

In January 2012, Aon announced that its headquarters would be moved to London.

Aon is a global professional services firm that advises clients on the topics of risk and human resources. The company is a provider of risk management, insurance and reinsurance brokerage, human resource solutions and outsourcing services.

Aon is divided into three business units that each specialize in a particular line of business. The firm's risk management business, Aon Risk Solutions provides retail property/casualty, liability, and other insurance products for groups and businesses, as well as risk management services. Its reinsurance business, Aon Benfield, specializes in reinsurance brokerage and investment banking & capital advisory (through Aon Securities Inc.). The firm's human resource solutions business, Aon Hewitt, provides consulting and outsourcing services to clients.

W. Clement Stone's mother bought a small Detroit insurance agency, and in 1918 brought her son into the business. Mr. Stone sold low-cost, low-benefit accident insurance, underwriting and issuing policies on-site. The next year he founded his own agency, the Combined Registry Co.


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