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Aon Client Treaty Renews with Record-Setting Support for 2025

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Aon plc has announced the successful renewal and expansion of its Aon Client Treaty (ACT) for 2025. The flagship London Market placement facility will increase its co-insurance capacity to 28.5%, up from 22.5% in 2024, marking its largest capacity increase since inception. The renewal includes three new market partners, with all existing partners renewing their participation and agreeing to a three-year letter of intent. QBE continues as the lead partner. Since 2016, over $3.5bn in gross written premium has been placed through ACT. A new ACT Client Dividend feature will be introduced in 2025, offering a 1.5% premium reduction on ACT-placed portions.

Aon plc ha annunciato il rinnovo e l'espansione con successo del suo Aon Client Treaty (ACT) per il 2025. La struttura di collocamento di punta nel mercato londinese aumenterà la sua capacità di co-assicurazione al 28,5%, rispetto al 22,5% del 2024, segnando il suo più grande aumento di capacità dalla sua creazione. Il rinnovo include tre nuovi partner di mercato, con tutti i partner esistenti che rinnovano la loro partecipazione e accettano una lettera di intenti triennale. QBE continua come partner principale. Dal 2016, oltre 3,5 miliardi di dollari in premi lordi scritti sono stati collocati tramite ACT. Una nuova funzionalità di ACT Client Dividend sarà introdotta nel 2025, offrendo una riduzione del premio dell'1,5% sulle porzioni collocate tramite ACT.

Aon plc ha anunciado la renovación y expansión exitosa de su Aon Client Treaty (ACT) para 2025. La instalación insignia de colocación en el mercado londinense aumentará su capacidad de coaseguro al 28.5%, frente al 22.5% de 2024, marcando su mayor aumento de capacidad desde su creación. La renovación incluye tres nuevos socios de mercado, con todos los socios existentes renovando su participación y aceptando una carta de intención de tres años. QBE continúa como el socio principal. Desde 2016, se han colocado más de 3.5 mil millones de dólares en primas brutas a través de ACT. Se introducirá una nueva función de ACT Client Dividend en 2025, ofreciendo una reducción del 1.5% en las porciones colocadas a través de ACT.

Aon plc는 2025년을 위한 Aon Client Treaty (ACT)의 성공적인 갱신 및 확장을 발표했습니다. 런던 시장의 독보적인 배치 시설은 공동 보험 능력을 28.5%로 증가시킬 예정이며, 이는 2024년의 22.5%에서 증가한 수치로, 처음부터 가장 큰 용량 증가를 나타냅니다. 갱신에는 시장 파트너 3명이 새로 포함되며, 모든 기존 파트너가 참여 갱신 및 3년 간의 의향서를 동의했습니다. QBE는 계속해서 주요 파트너로 활동합니다. 2016년 이후, 35억 달러 이상의 총 보험료가 ACT를 통해 배치되었습니다. 새로운 ACT Client Dividend 기능이 2025년에 도입되어 ACT가 배치된 부분에 대해 1.5%의 보험료 할인이 제공됩니다.

Aon plc a annoncé le renouvellement et l'expansion réussis de son Aon Client Treaty (ACT) pour 2025. L'installation phare du marché londonien augmentera sa capacité de coassurance à 28,5%, contre 22,5% en 2024, marquant ainsi sa plus grande augmentation de capacité depuis sa création. Le renouvellement comprend trois nouveaux partenaires de marché, tous les partenaires existants renouvelant leur participation et acceptant une lettre d'intention de trois ans. QBE reste le partenaire principal. Depuis 2016, plus de 3,5 milliards de dollars en primes brutes écrites ont été placées par le biais de l'ACT. Une nouvelle fonctionnalité de ACT Client Dividend sera introduite en 2025, offrant une réduction de 1,5% sur les portions placées via l'ACT.

Aon plc hat die erfolgreiche Erneuerung und Erweiterung des Aon Client Treaty (ACT) für 2025 bekannt gegeben. Die führende Platzierungsstelle im Londoner Markt wird ihre Co-Versicherungskapazität auf 28,5% erhöhen, gegenüber 22,5% im Jahr 2024, was die größte Kapazitätserhöhung seit der Gründung darstellt. Die Erneuerung umfasst drei neue Marktpartner, während alle bestehenden Partner ihre Teilnahme erneuern und einer drei-jährigen Absichtserklärung zustimmen. QBE bleibt der Hauptpartner. Seit 2016 wurden über 3,5 Milliarden US-Dollar an brutto geschriebenen Prämien über ACT platziert. Eine neue ACT Client Dividend-Funktion wird 2025 eingeführt, die eine Prämienreduktion von 1,5% auf die durch ACT platzierten Teile bietet.

Positive
  • Record-setting increase in co-insurance capacity to 28.5% for 2025
  • Addition of three new market partners while retaining all existing ones
  • Secured three-year commitment from market partners through letter of intent
  • Introduction of 1.5% premium reduction through ACT Client Dividend
  • $3.5bn in gross written premium placed through ACT since 2016
Negative
  • None.

Insights

The significant expansion of Aon's Client Treaty (ACT) represents a major development in insurance capacity management. The increase to 28.5% co-insurance capacity, up from 22.5%, along with $3.5 billion in gross written premium since inception, demonstrates robust market confidence and growth. The introduction of the ACT Client Dividend offering a 1.5% premium reduction showcases enhanced value proposition for clients.

The three-year letter of intent from market partners, including QBE as lead and three new participants, signals strong market stability and long-term commitment. This expanded capacity and streamlined access to capital will particularly benefit large commercial clients seeking comprehensive coverage in an increasingly complex risk landscape. The facility's success in attracting new partners while retaining existing ones validates its operational model and suggests continued growth potential.

  • Flagship facility will grow to co-insure 28.5 percent of business placed by Aon's Global Broking Centre, a record increase as it enters its tenth year
  • Renewal includes three-year letter of intent from market partners and introduction of "ACT Client Dividend" — two landmark client features

LONDON, Dec. 2, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the successful renewal and expansion of the Aon Client Treaty (ACT). ACT is the firm's signature London Market placement facility that helps clients respond to complexity with new sources of capital.  

In 2025 – the treaty's tenth year offering innovative, sustainable capacity to clients – ACT will offer 28.5 percent co-insurance across core lines of business placed through Aon's Global Broking Centre in London. This is the treaty's largest capacity increase, up from 22.5 percent in 2024. Since inception in 2016, over $3.5bn in gross written premium has been placed through ACT.

ACT clients will benefit from increased capacity with three new market partners joining ACT in 2025; all existing market partners have also renewed their participation, with QBE continuing as the lead. Additionally, all participating market partners have agreed to a three-year letter of intent, indicating their long-term intent to support the program and demonstrating strong demand from London Market insurers.

Aligning benefits between clients and market partners is foundational to ACT's long-term success, and to further support this, Aon is introducing the ACT Client Dividend in 2025, which is a 1.5 percent reduction applied to the portion of the premium placed through ACT.

Joe Peiser, CEO of Commercial Risk for Aon, said: "The renewal and record expansion of Aon Client Treaty, now in its tenth year, reflects the value it delivers for both clients and participating market partners. As the complexity and size of the risk landscape increases, it is essential that our clients access the insurance capacity they need with speed and certainty."

Tracy-Lee Kus, CEO of Aon's Global Broking Centre, commented: "Innovation is essential to allow clients to access risk capital more efficiently and Aon's significant investment in managing data and information has been a key factor in the growth and sustainability of ACT. We will continue to invest and scale this revolutionary approach to securing risk capital on behalf of our clients.

"The support of market partners, now further strengthened through a three-year letter of intent, is essential to the success of ACT; we are pleased to welcome three new participants and will continue to work closely with our partners to ensure ACT remains a solution that meets the needs of our clients," Kus continued.

ACT is a demonstration of Aon's Risk Capital strategy, bringing together deep expertise and capabilities to provide innovative client solutions, including:

  • A global network of client experts working hand-in-hand with Aon's Global Broking Centre to ensure the optimal placement strategy for clients.
  • Delegated underwriting and exposure management services through Aon's MGA (Aon Underwriting Managers) to manage risk and volatility in line with market partner requirements.
  • Actuarial and consulting through Aon's Strategy and Technology Group providing insights and projections.

Learn more about the Aon Client Treaty here.

About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

Follow Aon on LinkedInXFacebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here.

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Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues in over 120 countries provide our clients with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

 

Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here. (PRNewsfoto/Aon plc)

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SOURCE Aon plc

FAQ

What is the new co-insurance capacity for Aon Client Treaty (ACT) in 2025?

The Aon Client Treaty will offer 28.5% co-insurance across core lines of business placed through Aon's Global Broking Centre in London for 2025, up from 22.5% in 2024.

How much premium has AON's Client Treaty placed since its inception?

Since its inception in 2016, over $3.5 billion in gross written premium has been placed through the Aon Client Treaty (ACT).

What is the new ACT Client Dividend announced by AON for 2025?

The ACT Client Dividend is a new feature that provides a 1.5% premium reduction applied to the portion of premium placed through ACT, starting in 2025.

How long is the market partners' commitment to AON's Client Treaty renewal?

Market partners have agreed to a three-year letter of intent, demonstrating their long-term commitment to supporting the program.

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