Aon’s Strategic Moves: Leadership Changes and Record Growth in Client Treaty
December 3, 2024, 5:59 pm
Location: United Kingdom, England, City of London
Employees: 10001+
Founded date: 1919
Total raised: $350M
Aon plc is making waves in the global professional services arena. The firm recently announced two significant developments: the appointment of Anne Corona as CEO of Enterprise Clients and the renewal of the Aon Client Treaty (ACT) with record-setting support for 2025. These changes reflect Aon’s commitment to innovation and client service, setting the stage for a transformative year ahead.
On December 3, 2024, Aon revealed that Anne Corona would step into the role of CEO of Enterprise Clients and global chief commercial officer starting January 1, 2025. This appointment is not just a change in leadership; it’s a strategic maneuver aimed at enhancing Aon’s commercial capabilities. The firm seeks to deepen its alignment with clients, integrating data and analytics to provide superior service.
Corona’s journey with Aon spans nearly 25 years. She has a rich history of leadership, most recently as CEO of Asia Pacific. Her experience is a treasure trove of insights into serving large, global clients. She embodies a holistic approach, focusing on delivering integrated solutions that protect and grow businesses. Under her guidance, Aon aims to navigate the complexities of the modern business landscape.
The challenges facing clients today are like a tangled web. They are multifaceted and interconnected. Aon recognizes this reality. The firm’s new leadership structure aims to provide agility and quick decision-making. This is crucial in a world where time is often the difference between success and failure.
Lori Goltermann, CEO of Regions and North America for Aon, emphasized the importance of strategic vision in addressing client needs. With Corona at the helm, Aon is poised to strengthen its commercial capabilities. The firm is committed to helping clients make informed decisions across risk and people issues.
Meanwhile, on December 2, 2024, Aon announced the successful renewal and expansion of the Aon Client Treaty. This treaty, a cornerstone of Aon’s offerings, will now co-insure 28.5 percent of business placed by Aon's Global Broking Centre. This marks a record increase as the treaty enters its tenth year.
The ACT is not just a financial tool; it’s a lifeline for clients navigating a complex risk landscape. Since its inception in 2016, the treaty has facilitated over $3.5 billion in gross written premium. The growth reflects Aon’s commitment to providing innovative, sustainable capacity to clients.
In 2025, clients will benefit from increased capacity as three new market partners join the ACT. Existing partners have also renewed their participation, showcasing strong demand from London Market insurers. This collaboration is vital. It aligns the interests of clients and market partners, ensuring a sustainable future for the treaty.
Aon is introducing the "ACT Client Dividend" in 2025. This feature offers a 1.5 percent reduction on the premium placed through ACT. It’s a win-win situation, enhancing value for clients while solidifying relationships with market partners.
Joe Peiser, CEO of Commercial Risk for Aon, highlighted the treaty’s significance. As risks grow in complexity and size, clients need swift access to insurance capacity. The ACT is designed to meet this demand, providing a robust framework for risk management.
Tracy-Lee Kus, CEO of Aon's Global Broking Centre, emphasized the importance of innovation. Aon’s investment in data management has been crucial for the growth and sustainability of the ACT. This commitment to innovation will continue, ensuring that clients can access risk capital efficiently.
The ACT is a testament to Aon’s Risk Capital strategy. It combines deep expertise with innovative solutions. Aon’s global network of client experts works closely with the Global Broking Centre to optimize placement strategies. This collaboration ensures that clients receive tailored solutions that meet their unique needs.
Aon’s actuarial and consulting services further enhance the value of the ACT. Insights and projections from Aon's Strategy and Technology Group provide clients with the clarity they need to navigate the risk landscape.
In summary, Aon is at a pivotal moment. The appointment of Anne Corona signals a renewed focus on client service and innovation. The record-setting renewal of the Aon Client Treaty underscores the firm’s commitment to providing clients with the tools they need to succeed.
As Aon moves into 2025, it stands ready to tackle the challenges of a complex world. With strong leadership and innovative solutions, Aon is not just shaping decisions; it’s shaping the future of risk management. The firm is poised to protect and enrich the lives of people around the globe, one decision at a time.
On December 3, 2024, Aon revealed that Anne Corona would step into the role of CEO of Enterprise Clients and global chief commercial officer starting January 1, 2025. This appointment is not just a change in leadership; it’s a strategic maneuver aimed at enhancing Aon’s commercial capabilities. The firm seeks to deepen its alignment with clients, integrating data and analytics to provide superior service.
Corona’s journey with Aon spans nearly 25 years. She has a rich history of leadership, most recently as CEO of Asia Pacific. Her experience is a treasure trove of insights into serving large, global clients. She embodies a holistic approach, focusing on delivering integrated solutions that protect and grow businesses. Under her guidance, Aon aims to navigate the complexities of the modern business landscape.
The challenges facing clients today are like a tangled web. They are multifaceted and interconnected. Aon recognizes this reality. The firm’s new leadership structure aims to provide agility and quick decision-making. This is crucial in a world where time is often the difference between success and failure.
Lori Goltermann, CEO of Regions and North America for Aon, emphasized the importance of strategic vision in addressing client needs. With Corona at the helm, Aon is poised to strengthen its commercial capabilities. The firm is committed to helping clients make informed decisions across risk and people issues.
Meanwhile, on December 2, 2024, Aon announced the successful renewal and expansion of the Aon Client Treaty. This treaty, a cornerstone of Aon’s offerings, will now co-insure 28.5 percent of business placed by Aon's Global Broking Centre. This marks a record increase as the treaty enters its tenth year.
The ACT is not just a financial tool; it’s a lifeline for clients navigating a complex risk landscape. Since its inception in 2016, the treaty has facilitated over $3.5 billion in gross written premium. The growth reflects Aon’s commitment to providing innovative, sustainable capacity to clients.
In 2025, clients will benefit from increased capacity as three new market partners join the ACT. Existing partners have also renewed their participation, showcasing strong demand from London Market insurers. This collaboration is vital. It aligns the interests of clients and market partners, ensuring a sustainable future for the treaty.
Aon is introducing the "ACT Client Dividend" in 2025. This feature offers a 1.5 percent reduction on the premium placed through ACT. It’s a win-win situation, enhancing value for clients while solidifying relationships with market partners.
Joe Peiser, CEO of Commercial Risk for Aon, highlighted the treaty’s significance. As risks grow in complexity and size, clients need swift access to insurance capacity. The ACT is designed to meet this demand, providing a robust framework for risk management.
Tracy-Lee Kus, CEO of Aon's Global Broking Centre, emphasized the importance of innovation. Aon’s investment in data management has been crucial for the growth and sustainability of the ACT. This commitment to innovation will continue, ensuring that clients can access risk capital efficiently.
The ACT is a testament to Aon’s Risk Capital strategy. It combines deep expertise with innovative solutions. Aon’s global network of client experts works closely with the Global Broking Centre to optimize placement strategies. This collaboration ensures that clients receive tailored solutions that meet their unique needs.
Aon’s actuarial and consulting services further enhance the value of the ACT. Insights and projections from Aon's Strategy and Technology Group provide clients with the clarity they need to navigate the risk landscape.
In summary, Aon is at a pivotal moment. The appointment of Anne Corona signals a renewed focus on client service and innovation. The record-setting renewal of the Aon Client Treaty underscores the firm’s commitment to providing clients with the tools they need to succeed.
As Aon moves into 2025, it stands ready to tackle the challenges of a complex world. With strong leadership and innovative solutions, Aon is not just shaping decisions; it’s shaping the future of risk management. The firm is poised to protect and enrich the lives of people around the globe, one decision at a time.