Aon Launches Aon Affinity Latin America to Provide Insurance Solutions

CHICAGO and SAO PAULO, Brazil, Jan. 18 /PRNewswire-FirstCall/ -- Aon Corporation , a global leader in risk management and human capital consulting, has announced the formation of Aon Affinity Latin America. The organization will be headquartered in Sao Paulo, Brazil, where Aon has an established presence in the affinity marketplace through Aon Affinity do Brasil. Aon Affinity Latin America will serve clients throughout South and Central America, with an immediate focus on the growing market for insurance products in Mexico, Argentina and Colombia.

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Kevin Garvin, CEO of Aon's Affinity Insurance Services, Inc., stated: "Our strategy of bringing insurance products to groups of like-minded individuals is one that has worked extremely well in Brazil. Through the launch of Aon Affinity Latin America, we aim to bring the same client-centric discipline to serve affinity groups throughout the region."

Aon Affinity Latin America will be headed by Jose Carlos Macedo dos Santos, who has been named president of the new enterprise. Mr. Macedo said: "We plan to replicate the systems and processes that enabled us to build a customer base of more than 3 million in Brazil. By leveraging the infrastructure and best practices, we will be able to bring client-centric solutions to these new marketplaces."

About Aon

Aon Corporation ( http://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 51,000 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.

Contact: Dave Van de Walle, Aon, +1.312.381.5028, dave_vandewalle@aon.com

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, resolution of pending regulatory investigations and related issues, including those related to compensation arrangements with underwriters, 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, and 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. Further information, concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission.