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:
"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 |
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