(1888PressRelease)
December 03, 2007 - Aon Limited, the UK’s largest insurance broker and risk consultant, today announced an agreement to acquire specialist vehicle insurance broker, Firebond. The terms of the transaction are not disclosed.
Firebond, established in 1993, is an insurance broking service specializing in classic cars. It enjoys a special relationship with classic car enthusiasts and is know for its exceptional service offering.
Aon provides tailor made cover for specialist personal risks, including prestige sports and classic cars, holiday homes, yachts, travel, art, antiques, estates, high value goods and other niche lines.
Aon’s acquisition of Firebond, with operations in Cambridge and Bingley, further consolidates Aon’s position as the clear market leader in the classic car broking sector.
Peter Harmer, CEO of Aon UK, commented: “Firebond is a natural fit with both the Aon Classic Cars business and our Footman James business. Firebond will now be able to utilise the buying power and resources of a large broker to provide clients with the best value and service available. Our wider product provision, infrastructure and backing will provide Firebond with new opportunities for the future development of the business.”
Aon UK is ranked by A.M. Best as the number one global insurance brokerage based on brokerage revenues and voted best insurance intermediary, offering classic car insurance, high value home insurance, entertainment and media liability insurance and construction insurance.
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