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Aon launches unified risk consulting unit

Posted On: Mar. 26, 2007 12:00 AM CST

LONDON—Aon Corp. has launched a risk consulting, captive management and risk engineering unit called Aon Global Risk Consulting.

AGRC is an amalgamation of Aon's former captives services group (Aon Insurance Managers), risk consulting and risk engineering factions.

This follows on from the launch of Aon Global in January. In a statement, the company said that this "is the latest step by the company in bringing all its global capabilities together in a single unified structure."

Led by Stephen Cross as chief executive officer and Philip Stamp as chairman, AGRC will offer services including enterprise risk management, actuarial and analytical services, risk finance, engineering and loss control, accelerated claims closure services and insurance/reinsurance company/captive management.

"The creation of Aon Global Risk Consulting is about being able to offer a fully integrated range of services from risk identification to assessment and management of risk, and risk financing," said Mr. Cross.