CHICAGO, Jan. 28, 2011 /PRNewswire/ -- Aon Corporation (NYSE: AON), the leading global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, today said it has united its merger and acquisition practices to form Aon M&A Solutions, the largest provider of M&A risk and human capital solutions in the world.
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Aon M&A Solutions will be led by Mark Arian and Brian Casey. Brian Cochrane will lead global sales and innovation. The group will be comprised of approximately 100 M&A professionals around the globe working in collaboration with specialty product, solution and industry practices across Aon. The group will be responsible for M&A-related client and project management, and for delivering innovative solutions to Aon's corporate and private equity clients.
"To meet the pent-up demand for merger and acquisition activity, Aon is uniting its global M&A businesses in risk and human capital consulting," said Greg Case, president and chief executive officer of Aon Corporation. "Clients demand and deserve the best deal execution team to address a full range of issues, from due diligence to executive compensation review."
According to an October 22 Bloomberg article, the world's 1,000 largest non-financial companies have nearly $3 trillion in corporate funds on their balance sheets. In addition, multiple industry reports have cited more than $1 trillion in untapped private equity capital across the globe.
"As the bulk of liquidity in the current market chases a finite number of acquisition opportunities," Case added, "Aon's clients will be best-positioned and competitively advantaged with our cutting-edge solutions and global support."
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About Aon
Aon Corporation (NYSE:AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human resource solutions and outsourcing. Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally in over 120 countries. Named the world's best broker by Euromoney magazine's 2008, 2009 and 2010 Insurance Survey, Aon also ranked highest on Business Insurance's listing of the world's insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues in 2008 and 2009. A.M. Best deemed Aon the number one insurance broker based on revenues in 2007, 2008 and 2009, and Aon was voted best insurance intermediary 2007-2010, best reinsurance intermediary 2006-2010, best captives manager 2009-2010, and best employee benefits consulting firm 2007-2009 by the readers of Business Insurance. Visit http://www.aon.com for more information on Aon and http://www.aon.com/manchesteruntied to learn about Aon's global partnership and shirt sponsorship with Manchester United.
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SOURCE Aon Corporation
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