Aon Affinity completes acquisition of National Flood Services - AZTV7/Cable 13, Me-TV 7.2, HSN 7.3, Phoenix-Prescott, AZ

Aon Affinity completes acquisition of National Flood Services

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Aon plc

Acquisition advances Aon Affinity's ability to serve clients in the flood insurance sector, National Flood Services is a leader in U.S. flood insurance processing and technology

CHICAGO, July 15, 2014 /PRNewswire/ -- Aon Affinity, the consumer, association and program business of Aon Risk Solutions, the global risk management business of Aon plc (NYSE: AON), today announced that Aon US Holdings, Inc., a subsidiary of Aon, has completed its acquisition of StoneRiver National Flood Services, Inc. and related entities ("National Flood Services") from StoneRiver Group, L.P. Financial terms were not disclosed.

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 37,000 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.

"We welcome the talented National Flood Services team into our firm and we will work together to meet the growing client demand for enhanced flood insurance solutions and expertise in the U.S.," said Bill Vit, president and CEO of Aon Affinity. "Combining our extensive knowledge of insurance solutions and affinity program management capabilities with National Flood Services' industry-leading flood risk assessment technology for commercial and residential markets will allow Aon Affinity to expand its flood solutions to reach a larger client base with this growing sector."

National Flood Services is uniquely positioned to help Aon Affinity expand its flood offerings and distribution channels, and will continue to execute its growth strategy led by its existing management team.

About Aon Affinity
Aon Affinity is the trade name for Affinity Insurance Services, Inc. Aon Affinity combines the specialized knowledge of affinity program management with the extensive resources of a global company to help Empower Results for our clients. With an innovative approach to program strategy, from the design of products and services to the delivery of the marketing message, Affinity offers full-service capabilities; technical expertise and industry knowledge to deliver value to clients. Visit http://www.aon.com/affinity for more information.

About Aon

Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world's best broker, best insurance intermediary, best reinsurance intermediary, best captives manager, and best employee benefits consulting firm by multiple industry sources. Visit aon.com for more information on Aon and aon.com/manchesterunited to learn about Aon's global partnership with Manchester United.

Media Contacts:

David Prosperi
Vice President, Aon Global Public Relations
+1.312.381.2485
david.prosperi@aon.com

Caroline Rawson
Vice President, Aon Affinity
+1.215.773.4164
caroline.rawson@aon.com

Logo - http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO

©2012 PR Newswire. All Rights Reserved.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and AZ-TV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.