Aon news

Aon New Zealand: Everything you need to know

  • 30+ years’ insurance industry experience
  • 12 industry sector specialisms
  • 65 offices across New Zealand including Auckland, Wellington, Christchurch, Invercargill and Dunedin

Aon New Zealand is one of the country’s leading insurance brokerages, and the business has been operating in New Zealand for over 30 years. It is part of Aon, the larger British professional services company headquartered in London, which was ranked as the largest insurance broker in the world based on revenue in 2011. The global company was founded in 1982 and currently has over 50,000 employees across its 500 offices.

Aon New Zealand specialises in the specific requirements of a range of different industry sectors, protecting them against a full range of risks including cyber, liability and the emerging risks unique to each industry. Its current areas of focus include agri business, aviation, marine, trades and financial institutions, among others.

Aon New Zealand’s vision is to become the globally recognised leader in insurance broking, risk management services and HR consulting, and its staff comes from a wide range of insurance broking and financial services backgrounds. The firm works closely with New Zealand insurers to negotiate cover, with brokers serving clients from 65 offices across both the North and South Island.

Aon New Zealand in the news
2015: Aon New Zealand joins Crombie Lockwood, Jardine Lloyd Thompson (JLT), Marsh and Willis New Zealand in a new All-of-Government (AoG) panel aiming to make government spending on risk financing and insurance more efficient.

2016: Aon New Zealand CEO Geoff Blampied takes on a leadership role in Aon Risk Solutions’ new Pacific regional board structure, which was designed to more closely align the firm’s Australian and New Zealand operations. Blampied becomes the non-executive chairman of Aon Risk Solutions, succeeding former chairman John Cullen.

2017: The Commerce Commission denies Aon New Zealand’s clearance to acquire Fire Protection Services Limited (FPIS), not satisfied that the merger would not substantially lessen competition in the market.

2017: Aon forms a new tie-up with Basketball New Zealand (BBNZ) to help support the development of young basketball players. It becomes the lead sponsor of BBNZ’s National Talent Programme; the under 15, under 17 and under 19 National Championship tournaments; and the NZ under 16, 17, and 18 teams that represent the nation abroad, including at the international FIBA tournaments.

2017: Christchurch City Council (CCC) files an arbitration case against Aon New Zealand seeking $528 million plus interest and costs over the damages wrought by the Canterbury earthquakes.

2019: Aon’s global business reports a net income of US$277 million for the second quarter of the financial year.

Key people as of 2019

Geoff Blampied – CEO of Aon New Zealand
Blampied has been with Aon for almost 24 years, having initially joined the firm in 1996. He is currently responsible for the company’s New Zealand operations, and was also appointed as a non-executive chairman of Aon Risk Solutions in 2016.

Russell Bailey – Deputy Managing Director
Bailey has been with Aon for over 34 years, and among other achievements has helped facilitate the company’s 15 years of partnering with Rowing New Zealand – an initiative encouraging young people to get involved with the sport, and also to offer young athletes opportunities within insurance.

Culture

Aon New Zealand has a strong association with various sporting, environmental and cultural organisations across the country. It has established its place as a ‘cornerstone’ of New Zealand’s insurance industry since its inception, and has since sought to have a strong presence in the SME space and in local communities.

It has a long history of supporting young New Zealanders in sport, partnering with various organisations to help them achieve their potential. Its key current partnerships, as of mid-2019, include Athletics NZ, Basketball NZ, Gallagher Chiefs, Hockey NZ, New Zealand Opera, Rowing NZ, Squash NZ, Swimming NZ, Tennis NZ and Yachting NZ.