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Bringing home the gold at the UK Captive Service Awards

Feb 15, 2016

On 11 February,Aon Captive & Insurance Management (ACIM) and Aon Global Risk Consulting (AGRC) won four awards at the UK Captive Service Awards organised by Captive Review, one of the leading publications for the captive industry. The annual UK Captive Service Awards recognise and reward exceptional achievement in captive management and aim to distinguish excellence in the delivery of services to captive insurance companies.

Aon shone, taking home four awards:

  • Cell Captive Award - Aon UK
  • Risk Consulting Initiative of the Year Trio Risk Management, Aon UK
  • Insurance Linked Securities (ILS) Provider of the Year - Aon UK
  • Domicile of the Year Award - Aon Guernsey

  • This is the second year in a row Aon has been awarded the Risk Consulting Initiative of the Year Award and the third year Aon has been awarded the Cell Captive Award.Vincent Barrett , Chief Commercial Officer, ACIM said, "We are delighted to retain these awards as they highlight the innovative relevance of Aon's protected cell group White Rock and the outstanding efforts of our global team in providing over 100 active cell solutions to our clients".

    Aon's Trio Risk Management, developed by National and AGRC colleagues, was chosen as the Risk Consulting Initiative of the Year. The Trio Risk Management fund means we can provide risk management solutions to meet the demands and needs of clients' businesses from a menu of options, pre-paid by insurers and delivered by AGRC experts. While the Trio concept isn't new in itself (we won at the 2011 British Insurance Awards for the solution), the innovative addition of risk management is a huge differentiator against the competition.

    Charles Winter, Chief Operating Officer, AGRC said "The ability to align the interests of clients, insurers and Aon to improve risk management and achieve sustainable cost reduction is a key part of the Trio Risk Management initiative. Tailored services, efficiently delivered create value for all parties."Read more about Trio Risk Management here.

    For the first time this year, Aon won the ILS Service Provider of the Year Award, which recognises Aon's work managing rated and collateralised ILS vehicles. "We thrive on developing solutions which allow investors faster access to returns from both life and catastrophe/specialty markets. With strong governance and underwriting expertise, we are proud of the efficient service we provide to our clients," said Adele Gale, Client Service Director, Aon Guernsey. On behalf of Guernsey Finance, Adele accepted the Domicile of the Year Award which was won by Guernsey.

    Describing the success of the night, ACIM CEO Peter Mullen stated, "We are delighted to be recognised for our efforts in the captive industry. Our success is as a result of hard work and excellent service delivered by our teams across the globe."

    Contacts

    Lara DeGiovanni
    Marketing Manager
    Malta,Malta

    Tina Reschke
    Director of Marketing
    London,United Kingdom

    Victoria Buckley
    Internal Communications
    Business Partner, National
    London,United Kingdom