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News : Aon Launches Global Reinsurer Trading Platform
London 5 April 2016 -- Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON), is launching ABConnect Placements – the firm’s global reinsurer trading platform – on 11 April.
In motion for the 1 July renewals, ABConnect Placements will provide a more integrated, streamlined and documented process for global treaty reinsurance transactions. The goal is to better serve clients with real-time data and metrics through enhanced collaboration between Aon Benfield’s reinsurers and brokers.
Michael Moran, Chief Operating Officer of Aon Benfield, commented: "Collaborating with our reinsurer partners through this platform will result in more real time information to share with clients and enable them to make more informed placement decisions. We conducted a global pilot with reinsurers during the 1 January renewal that has helped to shape the process and create a streamlined and efficient trading platform."
Published by Laura Collins, Editorial Management
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Aon plc is a British multinational corporation headquartered in London, England, that provides risk management, insurance and reinsurance brokerage, human resource solutions and outsourcing services. Aon has approximately 500 offices worldwide, serving 120 countries with 65,000 employees.
Published: Monday, April 11, 2016