Aon Limited has launched a new professional indemnity business to serve the needs of professionals and financial services businesses.
Earlier this year Aon decided to merge three of its specialist divisions to create a new business, Aon Professional Risks (APR).
By combining the three former divisions, Aon says it will be able to share knowledge and information, pool experience and harness best practice for the benefit of clients and markets.
Aon said that the business is now looking to inject more innovation, strategic thinking and improved client service into the risk transfer and corporate protection domain.
APR chairman Paul Milton said: "For businesses it has never been so critical to protect yourself and ironically also never so difficult or so potentially expensive. They are having to change, and therefore so are we."
"In this environment, there is a need for expert advice, real value for money, competitive deals, choices, a fast response to needs, and effective and proactive services - all with improved delivery: in short it means more innovative solutions. Aon Professional Risks has been created to provide just this."
The APR board incorporates leaders from across the three former divisions and is led by Paul Milton.
