Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON) in the UK, has been appointed the global insurance broker for the McLaren Group, providing insurance broking services for both its Formula 1 team, Vodafone McLaren Mercedes, and its new production car company, McLaren Automotive.
Demonstrating the breadth of Aon’s expertise, the account is being handled by Aon’s specialist Corporate team in Redhill, supported by Aon’s London Broking Centre.
The challenges presented by the two principal elements of the McLaren Group’s business – its Vodafone McLaren Mercedes Formula 1 team and its new production car company, McLaren Automotive – include placing insurance for entities as diverse as individual cover for racing drivers, pit crew, transport logistics, property and casualty.
Jon Cooper, area director for Aon’s specialist Corporate team in Redhill, commented: “Working with one of the world’s premier automotive and engineering companies on such a diverse range of risks has been a very challenging and rewarding experience. Providing the McLaren Group with optimal solutions demonstrates the power of Aon very clearly. Very few, if any, insurance brokers would be able to bring such best-in-class global solutions to one of the biggest brands in the world – both locally via the Redhill team and globally via the London Broking Centre. We look forward to working with the McLaren Group for many years to come and being a part, if only in a small way, in its continued success.”
Andy Myers, Chief Financial Officer, McLaren Group Ltd, added: “The McLaren Group is delighted to be working with Aon Risk Solutions, which will be providing insurance broking services for every aspect of our vibrant and diverse business, including but not limited to our hugely successful Vodafone McLaren Mercedes Formula 1 team and our new and exciting production car company, McLaren Automotive.
“There’s a natural ‘fit’ between the McLaren Group and Aon Risk Solutions: both organisations are ambitious, innovative, and above all committed to achieving excellence in everything we do.
“I’m sure we’ll enjoy great success together.”
