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Aon Corporation: Aon Consulting
built 199 days ago
Headquartered in Chicago, Aon Corporation (www.aon.com) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. Aon has 46,000 employees and 500 offices in more than 120 countries.
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Aon Corporation's commitment is to provide its client with the most individualized insurance solutions. Recommendations are made by Aon consultants to clients based on clients' changing life events and conditions. Aon is using Salesforce SFA to consolidate, integrate and share critical customer data that enables thousands of its brokers and consultants to provide personalized service in a timely fashion. With Salesforce as its central hub, accurate data is readily available across its various divisions regardless of location, enabling cross-functional, real-time visibility.
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After years of fast growth, Aon Corporation needed to ensure IT compliance for both the heterogeneous global infrastructure it had inherited through acquisitions and the external IT infrastructure it outsources to IT service providers. Aon chose Symantec Enterprise Security Manager to automate compliance monitoring in both instances. The solution enables IT management to demonstrate compliance across the enterprise and helps make the auditing process more efficient. It ... improves the ability to identify, prioritize, and minimize compliance risks globally from a centralized, management console.
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The corporate structure of Aon originated in 1980, when the Combined International Corporation was set up as a holding company for the acquisition-hungry Combined Insurance Company of America. The latter company had been formed in 1947 through the merger of the Combined Mutual Casualty Company of Chicago and Combined Insurance Company of America of Pennsylvania. Both companies belonged to self-made millionaire and self-help proponent W. Clement Stone. Stone controlled a number of insurance companies operating in various states at the time. He had begun his insurance career at the age of 16.
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Al Orendorff, Aon’s Director of U.S. Public Relations told the Burma Campaign UK: "Neither Aon Corporation nor any U.S. subsidiary does business in Burma, so Aon is in full compliance with U.S. law. Recently Aon's management undertook a careful review of whether it should go beyond U.S. law and forbid its non-U.S. subsidiaries to do business there. As a result of this review, Aon's non-U.S. subsidiaries will terminate their business in Burma as well."
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CHICAGO, April 24 /Xinhua-PRNewswire/ -- Multinational corporations are facing increasingly diverse, complex and exotic risks, and may not have all the resources in place to manage them effectively, according to Aon's first Global Risk Management Survey. More than half of the survey's respondents said they weren't prepared for the risk they rated as most worrisome -- damage to reputation. "Executives now see reputation as a major source of competitive advantage," said Ruth Joplin, Aon Global Risk Consulting managing director. "While intangible, reputation is one of the most important corporate assets and one of the hardest to protect," she added. "The lack of preparedness reported for this and other key risks is both surprising and somewhat worrying." Joplin says it should come as no surprise that business interruption was cited as the second key risk. "Preserving earnings power is clearly one of the top priorities of senior management," she said, "and there is a growing realization that the resulting loss of income following an event could pose a greater threat than the physical damage itself.
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