When did Aon acquire Hewitt?
When did Aon acquire Hewitt?
On July 12, 2010, Chicago-based insurance broker, Aon Corp., announced that it had agreed to buy Hewitt Associates for $4.9 billion in cash and stock. The purchase was complete as of October 1, 2010 and Hewitt’s stock ticker (HEW) was removed from the NYSE. .
Did Aon buy Hewitt?
The Aon Corporation, the insurance brokerage company, said on Monday that it had agreed to buy the human resources specialist Hewitt Associates for $4.9 billion in cash and stock to expand its consulting operations.
Are Aon and Aon Hewitt different?
Following the close of the transaction, Aon intends to integrate Hewitt with its existing consulting and outsourcing operations (Aon Consulting) and operate the segment globally under the newly created Aon Hewitt brand, said an official communique mailed to TOI.
What was Aon before?
Aon was created in 1982 when the Ryan Insurance Group merged with the Combined Insurance Company of America. In 1987, that company was renamed Aon from aon, a Gaelic word meaning “one”.
Who are competitors of Aon?
Aon competitors include Lockton, Willis Towers Watson, Arthur J. Gallagher & Co., Marsh McLennan and AIG.
Is alight a BPO?
Unsourced material may be challenged and removed. Alight Solutions is a business process outsourcing company based in Lincolnshire, Illinois. The company went public on July 6, 2021, trading in the New York Stock Exchange under ALIT.
What does Aon actually do?
Aon is a global professional services firm that provides a wide range of risk, reinsurance, retirement, and health solutions. With more than 50,000 employees in 120 countries, the company supports customers worldwide by using propriety data and analytics to deliver insights that improve performance.
What is AON famous for?
Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.