Posted on 08 Dec 2010
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, has won three important awards at two recent London market events.
At the Insurance Times Awards 2010, the firm scooped the Reinsurance Broking Initiative of the Year accolade for its facultative placement platform, FAConnect, and the Broker/Intermediary Innovation of the Year award for its flagship risk management tool, ImpactOnDemand.
Meanwhile, at the Insurance Day London Market Awards, Aon Benfield’s investment banking division, Aon Benfield Securities, won the Broking Team of the Year award for the range of innovative deals it had brought to market over a designated 12-month period.
Dominic Christian, Co-Chief Executive Officer of Aon Benfield, said: “We are delighted to have won these three prestigious awards, and we will continue to invest in our people, products and solutions, in order that we can deliver the tools required by our clients and markets to help them achieve their business objectives.”
ImpactOnDemand combines the functionality of Aon Benfield’s ExposureView and CatPortal solutions, allowing clients to plot a million risk locations in less than five seconds. It includes new features that can be tailored to clients’ individual risk management requirements – such as robust global mapping analysis and comprehensive management reports.
FAConnect is Aon Benfield’s facultative placement platform that enables clients to quote and bind their individual risk placements from an internet-enabled device in under five minutes, utilizing a wide range of global markets.
In 2010 Aon Benfield Securities became the world’s largest insurance-linked securities (ILS) investment bank, having brought to market more transactions than any of its competitors.