Broking giant Aon is set to negotiate a management buy-out of its London-based investment advice arm, Aon Consulting Financial Services.

The deal is being backed by venture capital house Barclays Private Equity.

A spokeswoman for BPE said it is supporting the buy-out by taking a £20m stake in the company in “the next few weeks”.

BPE last year funded a management buy-out of direct motor writer Admiral from Lloyd's managing agent Brockbank for £110m.

A spokeswoman for ACFS declined to confirm or deny the possibility of a deal.

ACFS employs 300 people, providing advice on investments, excluding general insurance.


The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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