Aon eSolutions Group Receives 3 ACORD Technology Awards
12 July 2007 - 1:00AM
PR Newswire (US)
CHICAGO, July 11 /PRNewswire-FirstCall/ -- Aon eSolutions Group's
RiskConsole risk management information system has been recognized
by the Association for Cooperative Operations Research and
Development (ACORD) with the Early Adopter, Web Services and
Industry Leadership for Straight-Through Processing awards. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO) The ACORD
Awards recognize outstanding achievement in implementation of ACORD
XML data standards. Aon's RiskConsole risk management information
system uses risk-related data -- including claim, exposure and
policy data -- to give risk managers a comprehensive view of their
organization's risk. Launched in 2001, RiskConsole is the pioneer
in browser-based risk information technology. The system is used by
more than 60,000 users in more than 40 countries in eight
languages. "Web Services is the last piece of the puzzle in making
RiskConsole a true enterprise system with the ability to
consolidate internal and external data on a worldwide basis in
real-time," said Kathleen Burns, chief executive officer of Aon
eSolutions. "The true value of a RMIS is the ability to connect
multiple systems to complete the picture of an organization's total
risk profile to determine the drivers of the cost of risk. Using
Web services technologies and ACORD standards give risk managers
on-demand, immediate access to all the data they need when they
need it." "I would like to congratulate Aon eSolutions on receiving
three ACORD Awards this year as well as for continuing to show the
industry by example how vital ACORD data standards are for
improving communication and integration," said Denise Garth, vice
president, Membership and Standards, ACORD. About ACORD Based in
New York, ACORD (Association for Cooperative Operations Research
and Development) is a global, nonprofit insurance association whose
mission is to facilitate the development and use of standards for
the insurance, reinsurance and related financial services
industries. About Aon Aon Corporation (http://www.aon.com/) is a
leading provider of risk management services, insurance and
reinsurance brokerage, human capital and management consulting, and
specialty insurance underwriting. There are 43,000 employees
working in Aon's 500 offices in more than 120 countries. Backed by
broad resources, industry knowledge and technical expertise, Aon
professionals help a wide range of clients develop effective risk
management and workforce productivity solutions. Contact: Rahsaan
Johnson 312.381.2684 This press release contains certain statements
related to future results, or states our intentions, beliefs and
expectations or predictions for the future which are
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from either
historical or anticipated results depending on a variety of
factors. Potential factors that could impact results include:
general economic conditions in different countries in which we do
business around the world, changes in global equity and fixed
income markets that could affect the return on invested assets,
fluctuations in exchange and interest rates that could influence
revenue and expense, rating agency actions that could affect our
ability to borrow funds, funding of our various pension plans,
changes in the competitive environment, our ability to implement
restructuring initiatives and other initiatives intended to yield
cost savings, our ability to execute the stock repurchase program,
potential regulatory or legislative changes that would affect our
ability to sell, and be reimbursed at current levels for, our
Sterling subsidiary's Medicare health product, changes in
commercial property and casualty markets and commercial premium
rates that could impact revenues, changes in revenues and earnings
due to the elimination of contingent commissions, other
uncertainties surrounding a new compensation model, the impact of
investigations brought by state attorneys general, state insurance
regulators, federal prosecutors, and federal regulators, the impact
of class actions and individual lawsuits including client class
actions, securities class actions, derivative actions, ERISA class
actions, the impact of the analysis of practices relating to stock
options, the cost of resolution of other contingent liabilities and
loss contingencies, and the difference in ultimate paid claims in
our underwriting companies from actuarial estimates. Further
information concerning the Company and its business, including
factors that potentially could materially affect the Company's
financial results, is contained in the Company's filings with the
Securities and Exchange Commission.
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT:
Rahsaan Johnson of Aon Corporation, +1-312-381-2684, Web site:
http://www.aon.com/
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