What Is Aon?

What Aon Does

Aon’s U.S. Commercial Risk terms describe its role as broker of record for certain programs. They say Aon consults with clients on markets and program options, helps prepare underwriting information and applications, and obtains client instructions to bind a selected program. ¹

Aon’s U.S. Commercial Risk terms describe Commercial Risk Solutions U.S. as broker of record for certain insurance programs. Separate electronic-delivery terms name Aon Risk Services Companies, Inc. acting for itself and licensed brokerage subsidiaries to deliver arranged policies; the terms define an insurer as the policy issuer and risk bearer. These group-level descriptions do not identify the producer or authority for a particular placement. ^1,2Company-reported. Company-reported U.S. Commercial Risk brokerage and electronic-delivery terms; certain programs only. No specific insured, licensed producer, appointment, policy issuer, state authority or placement was matched.

Aon plc is the group’s Irish-incorporated SEC reporting parent. Its U.S. electronic-delivery terms name Aon Risk Services Companies, Inc. and licensed brokerage subsidiaries in the delivery of arranged policies. Neither document identifies the producing entity or insurer for a particular policy; confirm those names and state authority in your quote and policy documents. ^3 2

Pros and Cons

Pros

• Aon describes a dedicated Middle Market practice for mid-sized organizations, with a stated reach across North America. The page does not define a numeric size threshold or establish U.S.-only eligibility. ⁴
• Aon’s U.S. terms describe pre-renewal market and program consultation, application assistance, and administration of selected programs’ insurer relationships where applicable. ¹
• Aon’s U.S. terms explain that clients can request expected compensation information for their coverage and alternative quotes. ¹

Cons

• The group-level terms reviewed do not identify the producing entity, insurer, or jurisdiction-specific placement details for a particular policy. Ask for those details with the quote. ^1 2
• Aon says contingent compensation goals can create an incentive to place coverage with a particular insurer. Ask what compensation and any relevant conflict apply to your placement. ¹
• The terms assign direct insurer notice to the client unless separately agreed in writing. This notice allocation does not establish that Aon provides no claims advocacy; Aon separately describes claims support for some D&O and cyber work. ^1 5 7

Application and Binding

For certain U.S. Commercial Risk programs, Aon says it helps with underwriting information and applications, while the client signs applications that require a signature. Aon says it obtains the client’s instructions to bind specific programs based on its proposal. Those terms do not establish online checkout or that every quote can bind. ¹

For certain U.S. Commercial Risk programs, Aon says it consults with the client about market conditions, insurers to approach and program strategy, helps prepare underwriting information and applications, and obtains the client’s instructions to bind specific programs based on Aon’s proposal. The client signs applications that require a signature. ¹Company-reported. Company-reported contractual terms for certain U.S. Commercial Risk programs; not a universal workflow, online checkout claim, insurer role or guarantee that a quote can bind.

Renewals, Claims Notice, and Compensation

Aon says it consults with clients before placement and renewal and administers insurer relationships for selected programs where applicable. The terms do not promise an automatic renewal or a fixed timetable. ¹

Aon says it consults with clients before placing or renewing coverage and, where applicable, administers the insurer relationship for selected programs, including billing, data reporting and negotiated requirements. The terms do not promise automatic renewal, a timetable, a specific market or a particular outcome. ¹Company-reported. Company-reported terms for selected U.S. Commercial Risk programs; administration varies where applicable and may be changed by written agreement.

The terms say the client must notify insurers directly as required by the policies unless a separate signed agreement says otherwise. Aon’s separate D&O and cyber pages describe claims advocacy or preparation, so ask which claims services apply to your engagement and who must give notice. ^1 5 7

Under Aon’s U.S. brokerage terms, the client is responsible for directly notifying insurers as its policies require unless a separate signed agreement says otherwise; Aon says it does not assume that notice or monitoring duty without a separate written agreement. This allocation does not determine whether Aon separately offers or agrees to claims advocacy or other claims-related services. ^1,5,7Company-reported. Company-reported contractual allocation for covered U.S. Commercial Risk services; policy terms and any separate written agreement control. Aon separately describes claims advocacy on its D&O and cyber pages.

Aon’s terms say compensation may come from insurers or other third parties, can vary by arrangement, and may include contingent compensation. They also describe a client request route for expected compensation information. The public terms do not state what Aon would receive on a particular account. ¹

Aon’s U.S. brokerage terms say compensation may come from insurers or third parties and can vary by contract, insurer and arrangement. Aon and affiliates may also receive contingent and other compensation; contingent goals can create an incentive to place coverage with a particular insurer. Clients may request expected compensation information for their coverage and alternative quotes. The terms do not give a client-specific amount. ¹Company-reported. General company-reported U.S. brokerage terms; actual compensation, fees and conflicts for a client or placement are not stated here and may depend on law or contract.

Coverage Lines Aon Describes

Aon’s global pages describe D&O, cyber, employment practices, professional E&O, commercial property, and cargo services. Its construction practice also lists Builders Risk, general liability, umbrella and excess liability, workers compensation, and surety bonds among coverage areas for construction clients. Its Professional Services Practice lists crime, fiduciary liability, kidnap and ransom, and automobile liability for law, accounting, and consulting firms; it presents management liability as a partnership program/category. These practice listings do not establish standalone products or U.S. placement availability. A separate global Commercial Surety page describes commercial bonds and says available services depend on jurisdiction. The pages do not establish that a particular U.S. business qualifies or that a line is available for its state, identify the producing entity or insurer, or set policy terms and limits. Ask which lines can be placed for your business and who would produce and underwrite each one. ^{5 7 6 8 9 14 10}