Aon confirms deal for top UK broker

Aon confirms deal for top UK broker | Insurance Business Asia

Aon confirms deal for top UK broker
If anyone thought the year was winding down, then this massive insurance deal will put a stop to that thinking.

Global professional services firm and broking giant Aon has announced that it has acquired Henderson Insurance Broking Group – one of the largest independent insurance brokers in the UK.

Henderson, which employs more than 400 people across 16 offices, operates predominantly in the north of England but has clients across the UK. According to a release announcing the move, Aon snapped up the business to reflect its ambitions for growth in the mid-market and specialist sectors.

“I’m delighted that the Henderson Insurance Broking Group team is joining Aon, bringing more talented and experienced colleagues to our business,” said Julie Page, CEO of Aon Risk Solutions UK. “Henderson Insurance Broking Group’s success and the esteem in which it is held, both by clients and the market, is a real indication of the passion it puts into finding the best solutions for its clients. Its underlying ethos of putting clients at the heart of its business aligns perfectly with Aon’s approach, and I’m looking forward to working with the leadership team at Henderson Insurance Broking Group to empower results for clients of both firms.”

For Henderson CEO and founder Joe Henderson, the move offers a “wealth of opportunities.”

“Our clients will benefit from new access to specialist and global expertise, and Aon’s commitment to continuing our excellent service levels,” he said. “As for colleagues, I have no doubt that the talented people within our organisation will seize the opportunity to develop their careers within a firm of Aon’s stature.”

Terms have been agreed and Aon anticipates completing the acquisition in December. Financial terms were not disclosed.


Related stories:
Insurers staring at highest wildfire bill on record, predicts Aon
Aon introduces replacement for long-serving CMO