BIRMINGHAM, 21 April 2006 – Aon Consulting, a leading pension, benefits and HR consulting firm, has appointed Richard Cox as client relationship director to head up the Birmingham office. Richard takes up the post with immediate effect and, as a key priority, aims to build upon existing relationships with other Birmingham professionals including solicitors and accountants.
Aon’s pensions consultants are looking to strengthen their links with Birmingham’s pool of professionals to develop mutually beneficial partnerships (for example, legal work may be required on a pension scheme during a merger and acquisition or, in turn, a solicitor may need to call upon actuarial advice for due diligence).
Mr Cox will be responsible for client management and the continued professional development of the firm’s Birmingham based consultants and actuaries, in addition to working closely with independent trustees of pension schemes.
Mr Cox joined Aon in June 1999 and has headed up Aon Consulting’s Bristol office since 2002. Prior to this, Mr Cox was divisional director of SBJ Benefit Consultants and a Pensions Consultant at Willis Faber from 1988, having started his career in pensions in 1979 with Clerical Medical Investment Group. He is also an Associate of the Pensions Management Institute.
Mr Cox said of his appointment: “I’m really looking forward to immersing myself into the Birmingham pensions scene. My role will focus on building upon our already strong professional connections within the city through networking and workshops. This way, we can offer even better service for Midlands companies and pensions trustees.”
Richard takes over the role from actuary, John Scott, who has relinquished this position to focus on the complex needs of employers who provide final salary schemes to their employees.
Note to Editors:
About Aon Consulting
Aon Consulting is a leading human capital consultancy, helping organisations of every size to attract and keep the employees they need. We advise on all aspects of employment, including health-related insurance and risk; employee compensation and pensions; human resource strategy planning; job design and change management; and staff assessment and legal issues. Aon Consulting is a division of Aon, one of the UK’s largest insurance brokers and providers of risk management services and a major force in reinsurance and the UK human capital consulting market. Aon Consulting Limited is authorised and regulated by the Financial Services Authority.
About Aon
Aon Corporation (www.aon.com ) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. The company employs approximately 53,000 professionals in its 600 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 relating to future results, 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 the general economic conditions in different countries around the world, fluctuations in global equity and fixed income markets, exchange rates, rating agency actions, pension funding, ultimate paid claims may be different from actuarial estimates and actuarial estimates may change over time, changes in commercial property and casualty markets and commercial premium rates, the competitive environment, the actual costs of resolution of contingent liabilities and other loss contingencies, the heightened level of potential errors and omissions liability arising from placements of complex policies and sophisticated reinsurance arrangements in an insurance market in which insurer reserves are under pressure, and the timing and resolution of related insurance and reinsurance issues relating to the events of September 11, 2001. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, are contained in the Company's filings with the Securities and Exchange Commission.