16 July 2014 Insurance

Aon completes National Flood Services acquisition

Aon US, a subsidiary of Aon, has completed its acquisition of StoneRiver National Flood Services, and related entities from StoneRiver Group.

Aon said that National Flood Services is uniquely positioned to help Aon Affinity expand its flood offerings and distribution channels, and National Flood Services will continue to execute its growth strategy led by its existing management team.

Bill Vit, president and chief executive officer of Aon Affinity, said: "We welcome the talented National Flood Services team into our firm and we will work together to meet the growing client demand for enhanced flood insurance solutions and expertise in the US.

“Combining our extensive knowledge of insurance solutions and affinity program management capabilities with National Flood Services' industry-leading flood risk assessment technology for commercial and residential markets will allow Aon Affinity to expand its flood solutions to reach a larger client base with this growing sector."


More on this story

Insurance
4 December 2023   The executive specialises across onshore and offshore energy and power sectors.
Alternative Risk Transfer
29 November 2023   Axis CFO says the transaction will serve as a template for the cyber cat bond market.
Insurance
27 November 2023   The move follows structural changes bringing together its UK and EMEA regions.

More on this story

Insurance
4 December 2023   The executive specialises across onshore and offshore energy and power sectors.
Alternative Risk Transfer
29 November 2023   Axis CFO says the transaction will serve as a template for the cyber cat bond market.
Insurance
27 November 2023   The move follows structural changes bringing together its UK and EMEA regions.

Intelligent Insurer
Newton Media Ltd
Kingfisher House
21-23 Elmfield Road
BR1 1LT
United Kingdom