Aon is a leading global professional services firm that provides a wide range of risk, retirement, and health solutions to clients around the world. With a history dating back to 1982, Aon has established itself as a trusted advisor to companies, governments, and individuals, helping them to protect and grow their assets, manage risk, and improve their overall well-being. The company's expertise spans multiple areas, including insurance brokerage, reinsurance brokerage, human capital consulting, and investment consulting, making it a comprehensive partner for organizations seeking to navigate complex risk and investment landscapes.
History and Evolution of Aon
Aon’s journey began with the merger of two insurance brokerages, Ryan Insurance Group and Combined International Corporation, forming Aon Corporation. Over the years, the company has undergone significant transformations, including the acquisition of several notable firms such as Hewitt Associates in 2010, which expanded its capabilities in human capital consulting, and the sale of its human capital business to private equity firms in 2022. These strategic moves have allowed Aon to refine its focus on core areas of expertise, enhancing its ability to deliver specialized services to its clients. The company’s history is marked by its commitment to innovation and customer satisfaction, demonstrating its adaptability and resilience in a rapidly changing market environment.
Risk Management Solutions
Aon offers a broad spectrum of risk management solutions designed to help clients identify, assess, and mitigate risks that could impact their operations, finances, and reputation. These solutions include cyber risk management, enterprise risk management, and property and casualty insurance brokerage. By leveraging its extensive network of professionals and its sophisticated risk analysis tools, Aon enables clients to make informed decisions about risk transfer and retention, ultimately enhancing their risk posture and protecting their assets. A key aspect of Aon’s risk management approach is its emphasis on data analytics, which helps clients gain deeper insights into their risk profiles and develop more effective risk mitigation strategies.
| Risk Management Service | Description |
|---|---|
| Cyber Risk Management | Assessment and mitigation of cyber threats to protect digital assets |
| Enterprise Risk Management | Comprehensive approach to identifying and managing risks across the organization |
| Property and Casualty Insurance Brokerage | Brokerage services for insurance coverage against physical and financial losses |
Investment and Retirement Solutions
Aon also provides investment and retirement solutions aimed at helping clients achieve their long-term financial goals. Its services in this area include investment consulting, fiduciary management, and retirement planning. By offering expert advice on investment strategies and retirement plan design, Aon assists clients in optimizing their investment portfolios and ensuring the sustainability of their retirement plans. The company’s approach to investment and retirement solutions is characterized by its commitment to evidenced-based decision making, ensuring that recommendations are grounded in thorough research and analysis.
Health Solutions
In addition to its risk management and investment solutions, Aon offers a range of health solutions designed to improve the well-being of employees and reduce healthcare costs for employers. These solutions encompass health and benefits consulting, wellness programs, and healthcare analytics. By leveraging its expertise in health benefits and wellness, Aon helps clients enhance employee health and productivity while controlling healthcare expenditures. A key component of Aon’s health solutions is its focus on personalized health and wellness initiatives, which are tailored to meet the specific needs of each client’s workforce.
Aon's comprehensive suite of solutions reflects its mission to empower clients to make better decisions about risk, retirement, and health. With its deep expertise, global reach, and commitment to innovation, Aon is well-positioned to continue serving as a trusted advisor to organizations worldwide, helping them to protect and grow their assets in an increasingly complex and interconnected world.
What types of risk management solutions does Aon offer?
+Aon offers a broad range of risk management solutions, including cyber risk management, enterprise risk management, and property and casualty insurance brokerage. These solutions are designed to help clients identify, assess, and mitigate risks that could impact their operations, finances, and reputation.
How does Aon approach investment and retirement solutions?
+Aon’s approach to investment and retirement solutions is characterized by its commitment to evidenced-based decision making. The company provides expert advice on investment strategies and retirement plan design, helping clients optimize their investment portfolios and ensure the sustainability of their retirement plans.
