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Aon Corporation · Chicago, IL United States ·(NYSE: AOC)

Company Description

Aon Center 200 E. Randolph St.
Chicago, IL
60601
United States (Map)
Phone: 312-381-1000
Fax: 312-381-6032
Rankings
  • #450 in FT Global 500
  • #307 in FORTUNE 500
  • S&P 500
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Aon (the name means "oneness" in Gaelic) is one of the world's leading insurance brokerages, as well as a top reinsurance broker. The company operates in two major segments: commercial brokerage and consulting services. The company's Aon Risk Services brokerage unit provides retail property/casualty, liability, workers' compensation, and other insurance products for groups and businesses, as well as risk management services. Aon Benfield handles reinsurance brokerage and analysis services to protect insurers from losses on traditional and specialty property/casualty policies. Aon's consulting unit, Aon Consulting Worldwide, specializes in employee benefits administration. To read the full description, subscribe now.
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Key Aon Corporation Financials

Company TypePublic - NYSE: AOC

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$7,631.0
2007 Employees42,500

Aon Corporation Executives

126 executives listed for Aon Corporation's Chicago, IL location.
TitleName & BioContact
ChairmanLester KnightNetwork
President, CEO, and DirectorGregory CaseNetwork
EVP and CFOChrista DaviesNetwork

Competition

Competitive Landscape for Aon Corporation
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
Top Aon Corporation Competitors
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