Aon Florist Direct, part of the UK’s leading insurance broker and risk management consultant Aon Limited, are launching a new tailored insurance policy this month to cover key business risks facing florists. 

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Risks to Florists Nipped in the Bud by Aons Specialist Insurance Policy

LONDON, 23 August 2006 Wilting sunflowers, broken vases and theft are some of the key business risks facing florists. It’s not always a bed of roses being a florist so whether a freezer breaks down the night before Valentine’s Day ruining large quantities of costly stock, or a customer accidentally breaks an expensive glass display shelf, florists can now insure against these industry hazards to help protect their bottom line. To cover these risks, Aon's Affinity unit, part of the UK’s leading insurance broker and risk management consultant Aon Limited, are launching a new tailored insurance policy this month under Aon Florist Direct.

Specialist covers in the new insurance policy include:

  • Key date stock increases - automatic increase in cover during peak times: the weeks leading up to and on Valentine’s Day and Mothers’ Day, in addition to the standard policy cover for Easter and Christmas;
  • Breakdown of fridge/freezer units – taking account of deterioration of stock following the breakdown of fridges, chilled cabinets, cold rooms, cold stores or freezer units;
  • Suppliers extension - cover for damage incurred at any UK supplier;
  • Glass including plate glass and signage - encompassing all types of glass and the external blinds and signage, with the exception of illuminated signs which can be insured on request;
  • Exhibition cover - the policy can be extended to cover attendance at exhibitions.

Ed Huston, Development Manager for Aon Florist Direct, said: “Florists tend to be most exposed to risks during the seasonal peaks such as Mothers’ Day when they have more flowers in stock. Therefore, loss or damage through fire or flood for example, means they have more to lose during a traditionally profitable time if they don’t have an insurance policy which takes into account the increased value of the cost of replacement and the loss of profit.”

“We wanted to create an insurance policy which was specifically designed with florists in mind and the unique risks they face. Following our initial research we found a number of products that claimed to be designed for florists but further investigations showed that they were just standard shop policies also being sold to butchers and bakers. Our new policy now offers florists cover for key date stock increases and the loss to stock caused by the breakdown of fridges and the like, as part of their insurance package.”

Mr Huston added: “We've also recognised that for many florists a van is key to their business so we’re also offering commercial vehicle insurance with a 15% premium discount for all new business quotations. This is in addition to any no claims bonus and age of driver discounts.”

Notes to editor:

About Aon

Aon Corporation is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. There are 46,000 employees working in Aon's 500 offices in more than 120 countries. Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions.

This press release contains certain statements related to future results, or states our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depending on a variety of factors. Potential factors that could impact results include: general economic conditions in different countries in which we do business around the world, changes in global equity and fixed income markets that could affect the return on invested assets, fluctuations in exchange and interest rates that could influence revenue and expense, rating agency actions that could affect our ability to borrow funds, funding of our various pension plans, changes in the competitive environment, our ability to implement restructuring initiatives and other initiatives intended to yield cost savings, our ability to execute the stock repurchase program, changes in commercial property and casualty markets and commercial premium rates that could impact revenues, changes in revenues and earnings due to the elimination of contingent commissions, other uncertainties surrounding a new compensation model, the impact of investigations brought by state attorneys general, state insurance regulators, federal prosecutors, and federal regulators, the impact of class actions and individual lawsuits including client class actions, securities class actions, derivative actions, and ERISA class actions, the cost of resolution of other contingent liabilities and loss contingencies, and the difference in ultimate paid claims in our underwriting companies from actuarial estimates. Further information concerning the Company and its business, including factors that potentially could materially affect the Company’s financial results, is contained in the Company’s filings with the Securities and Exchange Commission.


Aon Limited is authorised and regulated by the Financial Services Authority in respect of insurance mediation activities only.



Contact Info

For more information please contact:

Alexandra Lewis
Aon Press Office
Tel: 020 7882 0541
alexandra.lewis@aon.co.uk

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