Aon plc, formerly known as Aon Corporation, is a British-American multinational insurance brokerage and professional services firm headquartered in London, United Kingdom. The company provides a range of risk management, insurance, reinsurance, human resources, and consulting services to clients in over 120 countries. Aon was founded in 1982 and is publicly owned, with a headcount of approximately 50,000 employees.
Aon, a community-based oncology practice, announced that its executives will participate in the Cowen Annual Health Care Conference in Boston on March 5, 2024. The company also reported that salary hikes are likely to remain flat this year, with engineering firms and non-banking financing companies expected to give increases of over 10%, while other sectors such as automobiles, financial institutions, and technology platforms are projected to see increases in the 9.5-9.9% range. Additionally, Aon's Beth Breitenbach, a Senior Broker SVP, highlighted the importance of researching each country and exposure changes when working with international insurance clients. Chris Hubbard, a Director at Aon, suggested the use of a security-backed letter of credit to help a client's balance sheet by not showing debt as collateral. Lastly, Daisy Nelson, an Assistant Vice President at Aon, found an efficient solution for a private equity client's personal auto coverage, accommodating the unique situation of owning multiple vehicles that are rarely driven.
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