Aon Expands Its Insurance Carrier Consulting Services With Launch of Inpoint
October 12 2009 - 9:00AM
PR Newswire (US)
Consulting and data services to help carriers make improved
decisions about market selection, premium growth, service
enhancements and product development CHICAGO, Oct. 12
/PRNewswire-FirstCall/ -- Aon Corporation today announced the
launch of Inpoint, an Aon company formed to help insurance carriers
improve their performance. Inpoint provides advisory and real-time
information services to the insurance carrier market focused on
market selection, profitable growth and operational excellence.
(Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO)
"Working with thousands of clients and insurance carriers in a
dynamic and complex environment, Aon has a unique vantage point to
understand trends and behaviors within insurance markets," said
Gregory C. Case, president and chief executive officer of Aon
Corporation. "This reality, coupled with an unparalleled ability to
collect and analyze transaction data across tens of billions of
dollars in premiums, will enable the Inpoint team of professionals
help insurance executives gain an edge in today's difficult
environment." Inpoint helps insurance carriers through multiple
products and services, including: -- Market segmentation and growth
strategy: Identifying new segment growth opportunities and
developing practical strategies to capture them -- Sales force
effectiveness: Obtaining unique, detailed insights into channel
satisfaction and improving both submission flow and win rates --
Pricing and underwriting: Delivering a deep understanding of
underwriter decision-making and pricing at the detailed segment
level, including by industry, product and geography -- Claims
operations: Enabling operational efficiencies, accelerating
recovery rates and improving loss payout performance -- Cost and
operational excellence: Benchmarking operational performance
metrics for continuous improvement -- Ongoing insights: Providing
robust data that enables unique visibility into the market Inpoint
is led by an experienced team of successful insurance industry
executives and experts, including Michael R. Moran, former
Executive Vice President and global head of broking excellence for
Aon Risk Services; Cynthia Beveridge, former Executive Vice
President of Aon Brokerage Group, Aon Risk Services; Paul Galvin,
leader of the Aon Carrier Strategic Consulting team based in
London; Jesper Groenvold, CEO of Paragon Solutions; and Steven
Kauderer, a veteran insurance industry consultant who was recently
recruited to help build the business. As an integrated unit of Aon,
Inpoint utilizes data and tools from multiple proprietary Aon
sources, including Aon Global Risk Insight Platform(SM), Paragon
Solutions, Aon Analytics, Aon eSolutions, Aon Benfield, and Aon
Global Risk Consulting. Combined with a team of top industry
talent, this access to global resources has already enabled Inpoint
to deliver unmatched facts, insight, and expertise to over 30
carrier clients globally. The company serves clients from offices
in Chicago, New York, Minneapolis, Dallas, Pittsburgh, London,
Dublin and Sydney with access to resources from Aon's global
network of more than 500 offices in 120 countries. Follow Aon on
Twitter: http://www.twitter.com/aoncorp Sign up for News Alerts:
http://aon.mediaroom.com/index.php?s=58 About Aon Aon Corporation
(NYSE:AOC) is the leading global provider of risk management
services, insurance and reinsurance brokerage, and human capital
consulting. Through its more than 37,000 colleagues worldwide, Aon
readily 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 and 2009 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 and 2008 by the readers of Business Insurance. For more
information on Aon, log onto http://www.aon.com/. Media Contact
Cybil Rose 312.755.3537
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT:
Cybil Rose, +1-312-755-3537, , for Aon Corporation Web Site:
http://www.aon.com/ http://twitter.com/aoncorp
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