Aon Announces New Brazil Operation

NU Online News Service, Jan. 18, 1:59 p.m. EST?Aon Corp. brokerage in Chicago announced formation of Aon Affinity Latin America. The organization will be headquartered in Sao Paulo, Brazil.[@@]

Aon said it has already established a presence in the Brazilian affinity marketplace through Aon Affinity do Brazil.

The company said Aon Affinity Latin America will serve clients throughout South and Central America, with an immediate focus on the growing market for insurance products in Mexico, Argentina and Colombia.

Kevin Garvin, chief executive of Aon's Affinity Insurance Services Inc., said, "Our strategy of bringing insurance products to groups of like-minded individuals is one that has worked extremely well in Brazil. Through the launch of Aon Affinity Latin America, we aim to bring the same client-centric discipline to serve affinity groups throughout the region."

Aon Affinity Latin America will be headed by Jose Carlos Macedo dos Santos, who has been named president of the new enterprise.

Mr. Macedo said the plan is "to replicate the systems and processes that enabled us to build a customer base of more than three million in Brazil. By leveraging the infrastructure and best practices, we will be able to bring client-centric solutions to these new marketplaces."

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