15 Feb 2006

Capita Insurance Services, part of The Capita Group Plc, announces today that it is to acquire Aon Claims Management, which is the delegated claims operation of Aon UK, for an undisclosed sum.

Aon Claims Management provides live delegated authority claims management for commercial insurance and has a wide and established client base.

Capita currently manages open commercial claims with £12.5 billion of liability for insurers, brokers, captive insurers, liquidators, Local Authorities and Government Departments. This acquisition will fit neatly into this already large operation, ideally complementing the existing capabilities across all classes of business and bringing extensive expertise.

Dermot Joyce, Executive Director, Capita Commercial Services, says: “The acquisition of Aon Claims Management reinforces Capita Insurance Services’ position as the leading provider of insurance claims servicing in the UK. It will enhance our already substantial capabilities within this arena and we, and our customers, will benefit from the additional expertise that it brings.”

David Mead, Group Operations Director for Aon UK, says: “I am delighted that we have reached an agreement with Capita for the sale of this business. We were impressed with the strength of the Capita proposition for meeting client requirements and the quality of Capita’s proposals in respect of the developmental potential for Aon employees transferring over. We are confident that existing and future clients will benefit from Capita’s expertise in this type of service provision.”

Aon Claims Management’s 103 staff will transfer to Capita and will continue to work from their existing locations in Sheffield, Leeds, Birmingham and Edinburgh.