Chief exec says there will be no withdrawal from less successful regions

Aon has radically overhauled the way it places risks with the launch of Aon Broking, centred on offering a global rather than national service.

The world’s largest broker will place risks in any global market regardless of where the client is based, Aon Risk Services chief executive Steve McGill told Insurance Times.

He said this would not mean withdrawing from less successful regions, but added that Aon’s new technology would help clients to identify the best carriers and markets. He said: “It will sharpen up the professionalism in the industry when it comes to quality of response and service from the carriers, and clients will be directed to the most effective solutions. If some markets lose out, that’s a decision that will be driven by our clients, not by Aon.”

Warren Mula has been appointed chief executive for retail and specialty broking within Aon Risk Services, reporting to McGill. He will retain his role as chairman of Aon Risk Services US Retail.

McGill said: “We have started to co-ordinate our activities even more effectively across the globe.”