"Shaping Decisions for the Better - Protecting and Enriching the Lives of People Everywhere"
Table of Contents
1. Company Snapshot
๐ Global HQ: London, UK (Operational HQ in Chicago)
๐ Operational Reach:
- 120+ countries
- 50,000 employees
- $13B revenue (2023)
๐ Founded: 1982 (Combined from Ryan Insurance Group and Combined International)
๐ฆ Financial Profile: - Market Cap: $65B
- Free Cash Flow: $2.8B
2. Core Philosophy
๐งฌ Business Model:
“Global professional services firm providing advice and solutions in risk, retirement, and health”
๐ Strategic Advantages:
- Unmatched Scale in Reinsuranceย (#1 global reinsurance broker)
- Data & Analytics Leadershipย (Aon United Intelligence)
- Integrated Solutionsย (Risk + Human Capital)
Culture: 4.0/5 Glassdoor | “Performance-driven with global mobility”
3. Leadership
Role | Leader | Strategic Focus |
---|---|---|
CEO | Greg Case | Architect of Aon United Strategy |
CFO | Christa Davies | Capital Allocation Expert |
President | Eric Andersen | Global Client Portfolio |
Notable Alumni:
- Michael OโConnor (Built Aonโs cyber practice)
- Lambros Lambrou (CEO of Aon Reinsurance Solutions)
4. Evolution Timeline
๐ 2010: Acquired Hewitt Associates (4.9B)โโ๐2017โโ:LaunchedAonUnitedoperatingmodelโโ๐ก2020โโ:Calledoff4.9B)โโ๐2017โโ:LaunchedAonUnitedoperatingmodelโโ๐ก2020โโ:Calledoff30B Willis Towers Watson merger
2024:
- Leader in climate risk analytics
- Expanded parametric insurance solutions
5. Business Architecture
๐ฐ Revenue Streams:
- Commercial Risk Solutions (45%)
- Reinsurance Solutions (30%)
- Health Solutions (15%)
- Wealth Solutions (10%)
๐ Competitive Positioning:
Competitor | Aonโs Edge |
---|---|
Marsh McLennan | Stronger reinsurance arm |
WTW | Better integrated data platforms |
- Gallagher | More global footprint |
6. Strategic Battlegrounds
๐ Growth Vectors:
- Cyber risk advisory ($500M+ business)
- Climate resilience products
- Intellectual property risk solutions
๐ฃ Key Risks:
- Talent retention in hot risk advisory market
- Margin pressure in core brokerage
7. Financial Power
Metric | Value | Industry Context |
---|
- Revenue Growth | 8% organic | Leads peers |
- Operating Margin | 26% | Best in class |
- ROIC | 18% | Top quartile |
8. SWOT Analysis
๐ช Differentiated Strengths:
- #1 reinsurance broker (Aon Re)
- Proprietary climate modeling (Climate Atlas)
๐ Structural Vulnerabilities:
- Dependence on large P&C accounts
- Limited emerging markets penetration
๐ฑ White Space Opportunities:
- Embedded insurance partnerships
- Private equity transaction advisory
โ ๏ธ Existential Threats:
- Insurtech disintermediation
- Corporate risk self-management
9. 2024 Game Changers
๐ Solutions Innovation:
- AI-powered “AonIQ” decision platform
- ESG-linked insurance products
๐ Global Moves:
- Asia-Pacific commercial risk expansion
- Lloydโs of London innovation lab
10. Interview Playbook
๐ก Must-Know:
- “Aon United” client strategy
- How reinsurance broking economics work
๐ฏ Killer Questions:
“How is Aon responding to the rise of captives?”
“Whatโs your view on the failed WTW merger?”
11. Why Aon Wins
Core Advantages:
๐น Reinsurance Dominance: 30% global market share
๐น CEO Greg Case: 18-year transformation architect
๐น Data Edge: 10B+ data points in analytics platforms