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.
Giuliani Fails to Get $10 Million Sexual Harassment Suit in New York Dismissed 
Dei Primus Holdings Launches LUCY, a Fully Autonomous Insurance Carrier 
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance 
Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses 
