Aon Empower Results

Spotlight on: The Aon Client Treaty

The Aon Client Treaty (ACT) is a proprietary broking solution available to Aon clients, built on sophisticated data & analytics and portfolio underwriting techniques to deliver capacity through accessing the London market.

The ACT has been in place since 1 January 2016 and provides:

  1. Up to 20% of the London and Singapore Broking Centre placement as pre-secured follow capacity to support placements, creating competitive value for our clients (this is up to USD 90m per programme)
  2. Broad scope of business accepted into the facility, subject only to limited exceptions (scope extends to UK solicitors, but one of the benefits for insurers is the spread of risk they get across many industries)
  3. Lloyd's system of global licenses means coverage is available in 80 countries (i.e. the coverage is "admitted" in most major locations around the world)
  4. Access to highly rated A+ capacity (all Lloyd's, led by AXA XL with the PI class of business lead being QBE, other syndicates include RenRe, Beazley, Liberty and Argo)
  5. Utilisation of the Lloyd's Claims process and automatic claims agreement and settlement protocols
  6. Full follow form on pricing, coverage, wordings, terms and conditions following an approved slip leader (the key lead insurers for UK solicitors are approved)
  7. Multi-year arrangement offering continuity and capacity certainty
 
For further enquiries, please contact

Andrew Roast | Executive Director
Commercial Risk Solutions, Global Broking Centre, Financial & Professional Services
Aon
The Aon Centre | The Leadenhall Building | 122 Leadenhall Street | London | EC3V 4AN
t +44 (0)20 7086 4844 | m +44 (0) 7983 576852 andrew.roast@aon.co.uk