LONDON, 15 November 2006 – Aon, the leading insurance broker and risk management consultant, has appointed Paul Stacks as business development manager to boost business growth for its specialist travel team. Mr Stacks is responsible for managing existing accounts and developing new business opportunities with travel operators and consolidators who provide travel insurance to their customers.
Prior to joining Aon, Mr Stacks worked at Journeys Travel Insurance for over three years where he built up experience in client management, marketing and e-commerce.
Mr Stacks’s achievements include launching insuremore.com, an e-commerce travel insurance website, and helping his former company to win six trade press awards.
Paul Jones, business unit manager, with whom Mr Stacks will be working, commented: “Paul has a proven track record in adding real value to client relationships and brings in-depth industry knowledge which clients expect from the world’s leading insurance broker. We’re delighted that Paul will be taking on this management role to strengthen our business development and ensure we offer tailored coverage for our clients.”
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, our ability to consummate the pending sale of the Aon Warranty Group, 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.
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