Aon is a leading global professional services firm that provides a wide range of risk, retirement, and health solutions to clients around the world. The company was formed in 1982 and is headquartered in London, United Kingdom. Aon's core mission is to empower economic and human possibility for clients, colleagues, and communities by delivering distinctive services and solutions that help them navigate complex risks and achieve their goals.
Aon’s Business Segments
Aon operates through three main business segments: Commercial Risk Solutions, Reinsurance Solutions, and Health Solutions. The Commercial Risk Solutions segment provides a range of risk management services, including brokerage, consulting, and advisory services, to clients across various industries. The Reinsurance Solutions segment provides reinsurance brokerage and advisory services to insurance companies, while the Health Solutions segment offers health and benefits consulting and brokerage services to clients.
Commercial Risk Solutions
The Commercial Risk Solutions segment is Aon’s largest business segment, accounting for approximately 60% of the company’s total revenue. This segment provides a range of services, including property and casualty insurance brokerage, cyber risk management, and workers’ compensation consulting. Aon’s Commercial Risk Solutions team works with clients to identify and mitigate risks, and to develop strategies for managing and transferring risk. The team uses a range of tools and techniques, including data analytics and modeling, to help clients make informed decisions about their risk management strategies.
| Business Segment | Revenue (2022) |
|---|---|
| Commercial Risk Solutions | $6.3 billion |
| Reinsurance Solutions | $2.4 billion |
| Health Solutions | $2.1 billion |
Reinsurance Solutions
Aon’s Reinsurance Solutions segment provides reinsurance brokerage and advisory services to insurance companies around the world. The segment works with clients to develop and implement reinsurance strategies that help them manage their risk and improve their capital efficiency. Aon’s Reinsurance Solutions team has extensive experience and expertise in the reinsurance market, and the company is one of the largest reinsurance brokers in the world.
Aon's Reinsurance Solutions segment uses a range of tools and techniques, including data analytics and modeling, to help clients make informed decisions about their reinsurance strategies. The segment also provides clients with access to a range of reinsurance markets and products, including traditional reinsurance, alternative capital, and insurance-linked securities.
Health Solutions
Aon’s Health Solutions segment offers health and benefits consulting and brokerage services to clients. The segment works with clients to develop and implement health and benefits strategies that help them manage their costs and improve the health and well-being of their employees. Aon’s Health Solutions team has extensive experience and expertise in the health and benefits market, and the company is one of the largest health and benefits brokers in the world.
Aon's Health Solutions segment uses a range of tools and techniques, including data analytics and modeling, to help clients make informed decisions about their health and benefits strategies. The segment also provides clients with access to a range of health and benefits products and services, including medical insurance, life insurance, and disability insurance.
What does Aon do?
+Aon is a global professional services firm that provides a wide range of risk, retirement, and health solutions to clients around the world. The company operates through three main business segments: Commercial Risk Solutions, Reinsurance Solutions, and Health Solutions.
What is Aon's largest business segment?
+Aon's largest business segment is Commercial Risk Solutions, which accounts for approximately 60% of the company's total revenue. This segment provides a range of risk management services, including brokerage, consulting, and advisory services, to clients across various industries.
What services does Aon's Reinsurance Solutions segment provide?
+Aon's Reinsurance Solutions segment provides reinsurance brokerage and advisory services to insurance companies around the world. The segment works with clients to develop and implement reinsurance strategies that help them manage their risk and improve their capital efficiency.
In conclusion, Aon is a leading global professional services firm that provides a wide range of risk, retirement, and health solutions to clients around the world. The company's three main business segments - Commercial Risk Solutions, Reinsurance Solutions, and Health Solutions - work together to provide clients with a comprehensive range of services and solutions that help them navigate complex risks and achieve their goals.
Aon's extensive experience and expertise in the risk, retirement, and health markets, combined with its global reach and scale, make it one of the largest and most successful professional services firms in the world. The company's commitment to innovation and client service has earned it a reputation as a trusted advisor and partner to clients across various industries.
As the risk, retirement, and health landscapes continue to evolve, Aon is well-positioned to help clients navigate these changes and achieve their goals. With its deep understanding of the markets and its ability to provide customized solutions, Aon is a leader in the professional services industry and a trusted partner to clients around the world.
