Aon Appointed Exclusive Broker and Consultant of Unilever Business Worldwide

Aon Corporation, the provider of global risk management and consulting services, today announced that it has formed a global partnership with Unilever to serve the needs of its business lines worldwide. The agreement enables Unilever to approach its buying through the services of Aonís core strengths ñ risk management consulting, insurance brokerage and human capital benefits consulting.

ìThis collaboration and integrated approach clearly demonstrates the significant depth and breadth of resources that Aon can bring to a major organization such as Unilever,î said Steve McGill, chairman and chief executive officer of Aon Risk Services.

The three-year contract empowers Unilever to leverage Aonís relationships with the marketplace by pooling all local insurance and employee benefits together with core global programs, thereby allowing Unilever to reduce dependency on its own capital as well as benefit from bulk-buying opportunities and service efficiencies around the world.

ìItís obviously prudent to have a practical and well-organized approach to risk management,î said Pascal Visee, group treasurer for Unilever. ìAn arrangement like this helps enable us to keep our business simple, whilst leaving experts like Aon to deliver our insurance and benefits needs worldwide and ensure compliance with all corporate governance standards.î

Andrew Appel, chairman of Aon Consulting, added: ìBy combining the expertise of Aonís risk and human capital consulting units, Unilever will receive a complete risk management solution on a global scale.î