Aon Corporation, a leading global professional services firm, is headquartered in Chicago, Illinois. Founded in 1982 by Patrick Ryan, Aon has evolved into one of the largest insurance brokerage and consulting firms in the world. With a rich history spanning over four decades, Aon has established itself as a pioneer in the industry, providing a wide range of services including risk management, insurance brokerage, and human capital consulting.
Overview of Aon Corporation
Aon Corporation is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol AON. As of 2022, the company has over 50,000 employees in more than 120 countries, making it one of the largest employers in the professional services sector. Aon’s global presence is a testament to its commitment to providing innovative solutions to clients across the globe. The company’s revenue has consistently grown over the years, with a reported revenue of $11.7 billion in 2021.
Business Segments
Aon’s business is divided into three main segments: Risk Solutions, Health Solutions, and Wealth Solutions. The Risk Solutions segment provides risk management and insurance brokerage services to clients, while the Health Solutions segment offers health and benefits consulting services. The Wealth Solutions segment provides investment consulting and fiduciary management services to institutional investors. Each segment is designed to provide specialized services to clients, leveraging Aon’s expertise and global reach.
| Segment | Description | Revenue (2021) |
|---|---|---|
| Risk Solutions | Risk management and insurance brokerage services | $6.3 billion |
| Health Solutions | Health and benefits consulting services | $2.4 billion |
| Wealth Solutions | Investment consulting and fiduciary management services | $2.9 billion |
Aon's commitment to innovation and client satisfaction has earned the company numerous awards and recognition. In 2022, Aon was named one of the best places to work by the Human Rights Campaign Foundation, recognizing the company's efforts to create an inclusive and diverse work environment. Additionally, Aon has been recognized as a leader in the professional services sector by various industry publications, including Forbes and Fortune magazines.
Community Involvement
Aon is committed to giving back to the community through its various philanthropic initiatives. The Aon Foundation, established in 2009, provides grants and support to non-profit organizations focused on education, health, and disaster relief. In 2021, the Aon Foundation donated over $10 million to various charitable causes, demonstrating the company’s dedication to corporate social responsibility. Aon’s employees are also encouraged to participate in volunteer programs, with many employees donating their time and skills to support local community projects.
What services does Aon Corporation offer?
+Aon Corporation offers a range of services including risk management, insurance brokerage, health and benefits consulting, and investment consulting and fiduciary management services.
Where is Aon Corporation headquartered?
+Aon Corporation is headquartered in Chicago, Illinois.
How many employees does Aon Corporation have?
+As of 2022, Aon Corporation has over 50,000 employees in more than 120 countries.
In conclusion, Aon Corporation is a leading global professional services firm that provides a wide range of services to clients across the globe. With a rich history, diversified business segments, and commitment to innovation and community involvement, Aon has established itself as a pioneer in the industry. As the company continues to grow and evolve, it is likely to remain a major player in the professional services sector for years to come.
