Investor Relations Disclaimer

You are about to review presentations, reports, filings and/or other materials regarding Aon plc (NYSE: AON) that contain time-sensitive information. The information contained therein is only current as of the date thereof. Aon expressly disclaims any obligation to review, update or correct these materials after the date thereof. Aon may update, amend, supplement or otherwise alter the information contained in any such materials by subsequent presentations, reports, filings, or other means without notice.

Certain statements made on this web site or in materials accessed in or through this section of our web site are “forward-looking statements,” which are subject to risks and uncertainties, and Aon's actual results may differ (possibly materially) from those indicated in such statements. See Legal Notice for further information regarding such statements and additional disclaimers with respect to the materials and sites that you may access through the Investors section of our Web site.

I Understand   |   Return Home

Aon Acquires Tyche Platform to Expand Insurance Consulting Capabilities for Clients

03/01/2022

Integration of Tyche into Aon's existing solutions will better enable re/insurers to rethink access to capital

LONDON, March 1, 2022/PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm,today announced it has acquired actuarial software platform Tyche from technology and software firm RPC Tyche. The transaction significantly expands Aon's existing capabilities to help re/insurer clients rethink access to capital and make better business decisions.

The acquisition of Tyche will enable Aon to offer re/insurers a single technology platform with the ability to seamlessly integrate capital modelling, pricing and reserving to drive better decision-making across both life and non-life business.

Nick Frankland, chairman of Aon's insurance consulting team, said: "This innovative new offering, combined with our existing global capabilities, will help to bring significant value to Aon's re/insurer clients and deliver new software and consulting solutions to previously underserved markets. As our clients face increasingly complex risks and evolving regulatory requirements, Tyche's expertise is designed to underpin insurers' decision-making frameworks. We are thrilled to welcome Tyche's nearly 140 colleagues to Aon as we share a commitment to innovating on behalf of clients."

Tyche, a specialist in developing customized risk and capital modelling software for actuaries, quantitative analysts and risk teams, serves global clients that include some of the largest life, non-life, and composite insurers and pension firms, as well as leading professional services providers.

Alun Marriott, managing partner of Tyche, said: "Tyche has built a highly respected and utilized range of risk and capital modelling platforms and consultancy services, and combining with Aon can take us to the next level in terms of capabilities, distribution and delivery. By uniting our passion for technology-driven insight, we will bridge gaps and enhance solutions to benefit clients."

The terms of the acquisition were not disclosed.

Read more about Aon's and Tyche's solutions here .

About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business.

Follow Aon on Twitter and LinkedIn . Stay up-to-date by visiting the Aon Newsroom and sign up for News Alerts here .

Aon UK Limited is authorised and regulated by the Financial Conduct Authority for the provision of regulated products and services in the UK. Registered in England and Wales. Registered number: 00210725. Registered Office: The Aon Centre, The Leadenhall Building, 122 Leadenhall Street, London EC3V 4AN. Tel: 020 7623 5500. FP13028-AD

About RPC Tyche
RPC Tyche is the technology software and consulting company behind the award-winning software Tyche, recently announced as Actuarial Software of the Year by Insurance ERM. Our services are used by some of the largest life, non-life, composite and pension firms, as well as leading professional services providers, which benefit from the market disruption our ground-breaking capabilities give them. Our headquarters are in the City of London and we have offices in Paris, Brussels and the United States of America.

Aon Media Contact
Andrew Wragg
andrew.wragg@aon.com  
+44 (0) 7595 217168

mediainquiries@aon.com
Toll-free (U.S., Canada and Puerto Rico): +1 833 751 8114
International: +1 312 381 3024

 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aon-acquires-tyche-platform-to-expand-insurance-consulting-capabilities-for-clients-301492480.html

SOURCE Aon plc

Stock Quote: NYSE

Price 289.83

Change +2.30

Volume 529,601

% Change +0.8%

Intraday High 291.44

52 Week High 341.98

Intraday Low 288.21

52 Week Low 246.21

Today's Open 288.76

Previous Close 287.53

Aug 08, 2022 04:03 PM Pricing delayed 20 minutes
Latest Annual Report

Email Alerts

Email Address *
Mailing Lists *





 
Enter the code shown above.

Contact Information

200 East Randolph
Chicago, IL 60601
Phone: (312) 381-3310

Email