Aon Corp. announced the completion of the sale of its U.S.-based wholesale broking operation, Swett & Crawford, to an investor group including Hicks, Muse, Tate & Furst Incorporated and Banc of America Capital Investors. Terms of the sale were not disclosed.
Greg Case, Aon’s president and CEO, noted, “We believe Swett & Crawford has a great future. With the completion of the sale transaction, Swett & Crawford can now move forward to realize its full potential.”
Aon Corp. is a provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting.
Topics Aon
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
Jury Finds Johnson & Johnson Liable for Cancer in Latest Talc Trial 
Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan 
