Aon began its operations in Vietnam in 1994 as the country’s first multinational insurance broker and recently celebrated its 20th anniversary with celebrations in Ho Chi Minh City and Hanoi. The start of this 20 year journey began as ‘Doi Moi’ sanctions were lifted in favour of a more market oriented economy. Aon Vietnam entered at a critical juncture in the country’s growth and emergence in the global economy. Over the past 20 years, Aon has been instrumental in partnering with companies operating or investing in the burgeoning Vietnamese economy.
Aon’s global Chief Executive Officer, Greg Case recently commented, “Vietnam has been a model for economic growth for emerging economies around the world; since 1994, Vietnam has seen its gross domestic product grow nearly 10 fold in addition to quadrupled growth of foreign direct investment. Aon continues to empower our clients’ growth, profit and continuity along with enriching the communities in which we operate.”
Aon’s growth has been tied directly to the growth of the Vietnamese economy mentioned by Case. Through the application of global expertise, Aon has continuously studied and developed innovative and bespoke solutions for the Vietnamese business environment. Aon has also partnered with many of the foreign organisations who have invested in the country, as well as partnering with local firms’ expansion into international markets.
Aon’s operation in Vietnam is comprised of Aon Risk Solutions, which provides multifaceted retail broking and risk management services and Aon Benfield, the reinsurance intermediary and capital advisory arm of Aon. Starting with data-driven risk evaluation; continuing with fact-based risk advice; culminating in the intelligent design and execution of insurance and risk management programmes, Aon delivers bespoke and innovative solutions that have measurable positive impact on our clients’ business.
Aon’s also possesses a global broking network, including a hub in Singapore, to generate the best access and leverage with global and local insurance markets around the world. As an interconnected global placement team, on carefully selects the best local and global market access points to ensure the best results for clients. By delivering expert programme design, broking strength, carrier management and seamless fulfillment, Aon amplifies the combined value brought to bear by specialist brokers and carriers for its clients operating in Vietnam.
Aon’s extensive client portfolio includes leading international and local companies, regulatory bodies, professional associations, as well as small and medium enterprises. Regardless of your size, industry sector, geography or circumstance, Aon Vietnam is dedicated to providing you with distinctive value and superior services.
Over the years, Aon Vietnam has contributed significantly to minimising their customers’ total cost of risk and insurance, and protecting their assets, people, profitability, and the integrity of their brand name. In addition, Aon Vietnam is the only foreign-owned insurance broker to have been presented Golden Dragon Awards including the award for Best Service.
To celebrate Aon’s 20th Anniversary, the company recently hosted two events, in Ho Chi Minh City and Hanoi, with clients and prospects.