Aon consolidates units into Aon Global

Aon has created a new business unit called Aon Global. Aon Global consists of the company’s former Global Large Corporate business unit, Captives Services Group, International Risk Manage-ment Group (IRMG), Risk Consulting and Risk Engineering business units, among others.

Dennis Mahoney is the chairman of Aon Global, and Steve McGill is the new unit’s CEO. Mahoney will relocate to Bermuda, while McGill will continue in his role as CEO of Aon Risk Services Americas, based in Chicago.

“Our broking and placement capabilities are a cornerstone of client service,” said Greg Case, president and CEO of Aon Corporation.

“Dennis’ leadership and experience are unmatched in the industry. By being in Bermuda, leading the coordination and placement of major and complex risks for the world’s largest companies, Aon can leverage his world-class broking skills on a global scale, where they can have the most significant impact on client value.”

Peter Harmer, who has served for seven years as the CEO of Aon Holdings Australia, has been appointed to succeed Mahoney as chief executive of Aon Limited and country manager for Aon UK (which, in addition to the insurance and reinsurance businesses of Aon Limited, includes Aon Consulting UK).