Aon, the Chicago-based insurance brokerage, announced it has combined Aon/Albert G. Ruben film and entertainment business into its Entertainment Group.
The 120-employee business manages risks associated with all aspects of entertainment, including film and television, music, theatre, commercials, multimedia, hospitality, gaming and professional sports, Aon said.
The move was made, Aon explained, to reflect the increasing diversification of the entertainment industry.
As part of the change, George Walden was named Aon/Albert G. Ruben's new chief executive officer, succeeding Sam Cargill, who assumes the role of group chairman. For the past three decades Mr. Walden served as president of Aon/Albert G. Ruben New York.
In addition, Paul Jones and Brian Kingman were appointed co-managing directors in Ruben's 88-employee Los Angeles office.
Mr. Jones, Aon said, focuses on new business development and managing the risks associated with reality television productions. Mr. Kingman manages sales and services a variety of motion picture studios and other film and TV production companies.
Peter Robey, president of Aon/Albert G. Ruben, will continue his association with Ruben, focusing on expanding the Ruben brand worldwide. Mr. Robey will be based in the United Kingdom, the brokerage said.
"This is an important step for our organization," said Joe Addison, Entertainment Practice CEO, in a statement. "Many of the companies Ruben deals with are large conglomerates that are diversifying their entertainment, media and hospitality portfolios. It's important that we be in a position to deliver an equally diverse range of products and services to meet clients' needs."
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