Tuesday, November 22, 2016

Aon Sells eSolutions Unit to Symphony technology group



Aon hazard solutions, the global chance management enterprise of Aon p.c, introduced it has sold Aon eSolutions, Inc., its danger control information systems enterprise unit, to an affiliate of Palo Alto-primarily based Symphony technology group for an undisclosed amount.
“because the chance control generation space evolves and integration with enterprise software program systems keeps to amplify, it made sense to transition the eSolutions enterprise to proprietors that awareness completely at the unique components of the software program zone which will keep to empower the nice outcomes for our customers,” said Michael O’Connor, Aon risk answers CEO.
“The evolution of the eSolutions suite of merchandise is seriously essential to Aon and our clients,” he continued. we are excited to continue running with the eSolutions group to provide our clients with main RMIS, claims and protection systems.”
The declaration noted that eSolutions, makes a speciality of “danger, claims and safety software, offerings and solutions,” and “has about three hundred personnel globally. As a part of the transaction, Aon hazard answers will resell solely eSolutions’ iVOS and RiskConsole RMIS solutions to its customers pursuant to a multi-yr distribution settlement.”
eSolutions CEO Kathleen Burns indicated that the Symphony generation organization could “help us keep developing and evolving our technologies on behalf of clients. With investment from a companion centered on software program solutions, we count on to accelerate our innovation and commercial enterprise growth. this indicates extra resources, greater opportunities and a more potent platform, resulting in a greater favorable price proposition for our clients,” she delivered.
Symphony technology institution is a non-public equity firm focused on making an investment in and constructing main-edge software program, net services and technology-enabled offerings organizations the world over.
The institution’s coping with Director William Chisholm praised eSolutions development of its “threat and claims control software platform, serving a majority of the establishments within the Fortune one thousand.”
He also said he believes that the “market for the company’s products is massive and developing because of the increasing importance of handling and studying international risk exposure across huge and medium-sized organizations. The mixture of eSolutions’ excellent team and our knowledge and enjoy inside the generation area results in a great partnership to pursue this marketplace opportunity.”
Symphony generation organization has also offered to collect the part of Aon chance solutions’ enterprise in France that has traditionally supported Aon eSolutions, Inc.

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