Printer Friendly
The Free Library
19,595,263 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Aon ASM Relationship Gives Kroll Clients Access to Lloyd's Kidnap & Ransom Insurance Solutions.


Business Editors

NEW YORK--(BUSINESS WIRE)--April 28, 2003

Kroll Inc. (Nasdaq: KROL), the world's leading independent risk consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee
consulting firm

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
, is complementing its broad portfolio of security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the  with kidnap & ransom (K&R) insurance brokered by Asset Security Managers (ASM (1) (Association for Systems Management) An international membership organization based in Cleveland, Ohio. Founded in 1947 and disbanded in 1996, it sponsored conferences in all phases of administrative systems and management. ), a wholly-owned subsidiary of Aon Limited.

Kroll's new, non-exclusive arrangement with ASM, the world's leading K&R insurance and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract.  broker, enables clients of Kroll's K&R crisis management and other services to benefit from insurance solutions facilitated by ASM and supported by underwriters at Lloyd's.

Jeff Green Jeff Green may refer to:
  • Jeff Green (NASCAR), NASCAR NEXTEL Cup driver and 2000 Busch Series champion.
  • Jeff Green (basketball), Seattle Supersonics basketball player
  • Jeff Green (editor-in-chief), editor-in-chief for Games for Windows magazine.
, chairman of ASM, said, "Kroll is a prestigious name in international security and highly respected for its kidnap and ransom response services. We are delighted to be working with them to open up the world-renowned insurance products of the London market to their clients."

"We are equally delighted to be linked with these great names in insurance," said Kroll President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Michael G. Cherkasky. "Issues related to the security of personnel have moved up the agenda for many of our clients and we are pleased to be able to offer the best all-round solution to their concerns. We are confident that this will be a highly beneficial arrangement for our clients, and a profitable venture for both ourselves and ASM."

With the initiation of the ASM relationship, Kroll has shifted management of its K&R response service to its London offices, where it is headed by Donald Palmer, a recognized negotiator with more than 15 years' experience in the field. To further support client service, Kroll has established additional operational centers and response teams in its regional headquarters offices in Buenos Aires Buenos Aires (bwā`nəs ī`rēz, âr`ēz, Span. bwā`nōs ī`rās), city and federal district (1991 pop. , Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
. Personal protection services, anti-abduction training and other travel-related risk mitigation services are offered through Kroll offices worldwide and coordinated by Kroll's Protective Services & Training division, which is based outside Washington, D.C. and noted for its work on behalf of the United Nations and U.S. Department of State.

About Kroll:

Kroll Inc. (Nasdaq: KROL), the world's leading independent risk consulting company, provides a broad, range of investigative, intelligence, financial, security, and technology services to help clients reduce risks, solve problems and capitalize on opportunities. Headquartered in New York with more than 60 offices on six continents, Kroll serves a global clientele of law firms, corporations, non-profit institutions, government agencies and individuals. In addition to K&R prevention and response programs, Kroll's Security Services Group (SSG SSG
abbr.
staff sergeant
) provides security engineering; corporate security consulting; business continuity, counter-terrorism and emergency management programs; and protective services operations and training.

For more information, visit www.krollworldwide.com.

About Aon and Asset Security Managers:

Aon is the UK's largest insurance broker and provider of risk management services, a major force in reinsurance and number four in the UK human capital consulting market. With more than 10,000 staff spread across 90 UK offices, Aon combines an in-depth knowledge of the UK market with an unmatched global reach and perspective. Aon's structure cuts across boundaries and unites specialists from around the world in global business units. Around the world, Aon posted 2002 revenues of $8.8 billion dollars, with more than 53,000 employees in 550 offices across 120 countries, servicing clients' requirements at a global level whilst responding to clients' specialist needs in individual markets.

For more information, visit www.asm-uk.com
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Apr 28, 2003
Words:552
Previous Article:Vivato to Show off Wi-Fi Networking Innovation at NetWorld+Interop.
Next Article:Accovia Offers Industry Leading Airfare Management and Shopping Solution as a Web Service; Travel Suppliers, Wholesalers and Retailers Able to...
Topics:



Related Articles
Hostage Situation.
New AIG Division Is Targeting High-Net-Worth Policyholders.
St. Paul Cos. expands Kidnap & Ransom product. (Property/Casualty: Marketplace).
Chubb markets new D&O coverage. (Marketplace: Property/Casualty).
Using her noodle: Kathryn Emmerson brings the knowledge of 30 years as a broker to the dot-com realm.
The view from Rendez-Vous: amid the maneuvering, the Monte Carlo gathering focused on hurricanes, ratings and discipline.
Aon's full electronic trading could shake up London market.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles