RBC Insurance Signs Agreement with Aon to Expand Business

June 11, 2008

Toronto-based RBC Insurance announced that it has signed an agreement with Aon Reed Stenhouse that makes Aon its “exclusive broker for competitive and comprehensive commercial property and casualty and trade credit insurance solutions to Canadian business owners.”

“RBC Insurance is committed to helping Canadian business owners understand how insurance can help mitigate their business risks,” noted Neil Skelding, president & CEO, RBC Insurance. “Our agreement with Aon combined with our existing products and services will enable us to provide Canadian businesses – large and small – with innovative advice and effective solutions tailored
to meet their insurance needs.”

Chris Fawcus, Aon Reed Stenhouse president and CEO stressed the benefits to clients of the tie up with RBC, including the ability to present them “with multiple options from a group of insurers, rather than just one.”

RBC specializes in life, health, travel, home, auto and reinsurance products as well as creditor insurance services in Canada, the U.S. and internationally.

Sources: RBC Insurance and Aon – www.rbcinsurance.com and www.aon.com

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