Aon has formed Aon Global Risk Consulting, creating one of the largest risk consulting, captive management and risk engineering groups in the world.
The formation of Aon Global Risk Consulting (AGRC) follows the launch of Aon Global in January and is the latest step by the company in uniting its global capabilities.
As part of Aon Global, AGRC will offer a range of risk consulting solutions including enterprise risk management, actuarial and analytical services, risk finance, risk control and engineering, accelerated claims closure services, and (re)insurance company/captive management.
AGRC is to be led by Stephen Cross as CEO with Philip Stamp as chairman and combines Aon's former Captives Services Group (Aon Insurance Managers), Risk Consulting and Risk Engineering operations.
Cross said: "The creation of Aon Global Risk Consulting is about being able to offer a fully integrated range of services from risk identification to assessment and management of risk, and risk financing. We will be providing our clients with comprehensive tailored solutions, through a consistent global approach. With 1500 staff in over 70 locations, AGRC is already one of the largest risk consulting organisations in the world and is in an excellent position to deliver distinctive value to companies that have to deal with the largest and most complex of risks."
Alongside its risk consulting offering, AGRC delivers services for captive (re)insurance companies, repositioned as Aon Global Insurance Managers (AGIM).
The third part of AGRC is Aon Global Risk Control and Engineering, which provides integrated solutions for complex property and casualty related risks, and includes Schirmer Engineering.