Aon is planning to close down subsidiary Agency Specialty Product Network (ASPN), a specialty brokerage marketing unit, by the end of this year.
An Aon spokesperson, who confirmed ASPN's planned closing, said: "Aon values the long-term relationships developed with local agents and brokers and we remain committed to developing, underwriting and distributing specialty products and services tailored to agent distribution through our Aon Affinity and managing general underwriting businesses."
“We continue to work side-by-side with local agents and brokers to determine how best to serve their product search and distribution needs.”
ASPN provided agents and brokers access to various insurance products, markets and services they might not otherwise have access to. It offered services to clients including carriers, wholesalers, managing general underwriters, and insurance services companies.