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Aon to roll out range of new insurance products

29 Feb 2008 - by Joy Orlek
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RISK MANAGEMENT
and insurance consulting
organisation Aon South Africa,
part of the Aon Africa group
and global Aon Corporation,
is adding significant benefits
to its marine insurance covers
– focusing specifically on the
sub Saharan African market,
says Cheryl Roestoff, Aon
South Africa’s Gauteng-based
marine business unit head.
“As a large global player
Aon has already secured a
significant share of the local
marine market. Net income
increased by 4 2% on global
and local accounts last year
and this year we are focusing
on growth opportunities in
sub Saharan Africa.”
Roestoff, whose 27
years in the industry
include experience in the
insurance and freight
forwarding sectors, is
currently developing products
specifically focused on Africa.
With 550 offices in
more than 120 countries
worldwide, including
representation in all sub
Saharan countries, Aon
Corporation has the capacity
to provide its clients with
major benefits, says Roestoff
who believes the company's
flexible product offering,
which caters to cargo
owners as well as freight
operators, differentiates it
in the global market. “Our
thorough understanding
of markets and relevant
legislation allows us to adapt
solutions to our African
clients’ specific needs.”
Roestoff says that one
of the major problems in
Africa is that of hijacking
and theft which is why
risk management and
security programmes are
so important. “One of our
products, for example, is
linked to a security feature
which offers customers more
value for their money. This
is the type of structured
product that the company
will be rolling out to the rest
of the continent.”

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