Aon Specialty Group, Inc. Announces the Creation of Affinity Insurance Services, Inc.CHICAGO, IL--(BUSINESS WIRE)--Feb. 12, 1997--Aon Specialty Group, Inc. (Aon Specialty Group) today announced the creation of Affinity Insurance Services, Inc. (Affinity Insurance Services). The Aon Specialty Group subsidiaries Aon Direct Group, Inc., Aon Insurance Services, Inc., Attorney's Advantage and Berkely/ARM will be consolidated as divisions within the new company. OUM (Ovonyx Unified Memory) See phase change memory. and Keeling keeling the marking of ewes by the ram when they are mated by the marking on the ewe of paint or chalk from the sternum of the ram. and Company also will operate within the Affinity Insurance Services organization. Michael D. Rice, chairman of Aon Specialty Group, commented, "The creation of Affinity Insurance Services underscores Aon's commitment to growing our affinity group-based business. This new company is intended to facilitate the development and implementation of best practices throughout Aon's affinity group A special interest group. This is a marketing term for a group of people with similar interests. businesses, to foster the development of more such businesses, and to ease some of the regulatory and reporting burdens our clients experience in doing this kind of business." Robert M. Foys (56), president of Aon Direct Group, has been appointed chairman and chief executive officer of the Affinity Insurance Services. Kevin P. Garvin (34), who previously served as executive vice president of Aon Direct Group, will serve as the president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of the new company. Mr. Rice added, "Bob Foys is one of the most capable executives in our industry. Under his leadership, Aon Direct Group has grown into one of the country's leading affinity group marketing organizations. Kevin Garvin has demonstrated exceptional leadership ability as well as sound business judgement. I am confident that, together, Bob and Kevin will adapt Affinity Insurance Services' core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
Aon Specialty Group is a subsidiary of Aon Group, Inc., the world's premier insurance brokerage and consulting services organization. Aon Group, Inc. is a subsidiary of Aon Corporation, an insurance services holding company listed on the 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 , Chicago and London stock exchanges London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . CONTACT: Joan Steel 312/701-3016 |
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