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Aon Comments on Alternative Forms of Remuneration

07/21/2010

CHICAGO, July 21, 2010 /PRNewswire via COMTEX/ --

Aon Corporation (NYSE: AON), a leading global provider of risk management and human capital consulting, today announced it is working with markets to explore the various forms of alternative remuneration available to Aon. 

(Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO)

(Logo: http://www.newscom.com/cgi-bin/prnh/20100719/AQ37264LOGO)

"As we stated during testimony delivered in July 2008 to the New York State Insurance Department and Office of the Attorney General, Aon is committed to industry-leading transparency and delivering the highest value for price in the industry on behalf of our clients," said Steve McGill, chairman and chief executive officer of Aon Risk Solutions. "We have conducted a great deal of research around broker compensation across the globe with a focus on serving the needs of our clients and competing on a level playing field in the marketplace.

"As a result, we have decided to accept various forms of compensation available, which may include supplemental and/or contingent commissions in the geographies and client segments globally where appropriate and legally permissible," continued McGill. "Our firm's focus has been and will always be on doing what is right to serve the best interests of our clients, and delivering the industry's finest products, services and capabilities through the development of innovative solutions such as the award-winning Aon Global Risk Insight Platform(R), Aon Client Promise(R) and Aon Center of Innovation and Analytics."

About Aon

Aon Corporation (NYSE: AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human capital consulting. Through its more than 36,000 colleagues worldwide, Aon delivers 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 through more than 500 offices in more than 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 largest 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 brokerage revenues in 2007, 2008 and 2009, and Aon was voted best insurance intermediary, best reinsurance intermediary and best employee benefits consulting firm in 2007, 2008 and 2009 by the readers of Business Insurance. Visit http://www.aon.com for more information on Aon and http://www.aon.com/unitedin2010 to learn about Aon's global partnership and shirt sponsorship with Manchester United.

 Media Contact Investor Contact Kelly Drinkwine Scott Malchow 312.381.2684 312.381.3983 kelly.drinkwine@aon.com scott.malchow@aon.com 

SOURCE Aon Corporation

Stock Quote: NYSE

Price 258.73

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Volume 1,363,968

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Jul 28, 2021 10:12 AM Pricing delayed 20 minutes
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