Aon Exploring Alternatives for Swett & Crawford

February 16, 2005

Chicago-based Aon Corp. reported on Wednesday that it is exploring alternatives relating to its ownership of Swett & Crawford, the largest U.S.-based wholesale insurance broker with more than 900 employees in 40 offices.

According to Aon Chairman and CEO Patrick Ryan, “By exploring alternatives, we expect to determine if Swett & Crawford’s potential can be realized more fully under different ownership.”

Aon is a provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting.

The company employs approximately 48,000 professionals in its 500 offices in more than 120 countries.

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