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GROUP INSURANCE ADDS HR VALUE

Given the crucial need for retaining skilled staff and the linked issues of improving productivity and service levels, Group Insurance Schemes are in growing demand in the context of the ‘Employer of choice' equation according to Aon Risk Solutions.

However Group Insurance schemes need to be correctly scoped and managed to be fully effective as an employee value add says Aon's Mandy Barrett.

The ultimate intention is satisfied, financially secure members of staff with sound, state-of-the-art short term insurance in place, premised on individual needs profiling and analysis to avoid the discredited ‘one-size-fits all' approach.

"Properly structured and applied Group Insurance must deliver benefits to employees while simultaneously relieving HR managers of the burden of management and administration, thus ensuring a win-win scenario for all."

About Aon South Africa

Aon South Africa is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management cosulting, and speciality insurance underwriting. The company employs more than 1500 professionals in its 17 offices in South Africa. Aon employs over 2000 people on the African continent. Aon South Africa's head office is based in Sandton, Johannesburg.

About Aon

Aon Corporation is the leading global provider of risk management services, insurance and reinsurance brokerage and human resources solutions and outsourcing. Through its more than 59,000 colleagues worldwide, Aon unites and delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally in over 120 countries.

Named the world's best broker by Euromoney magazine's 2008, 2009 and 2010 Insurance Survey, Aon also ranked highest on Business Insurance's listing of the world's insurance based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues in 2008 and 2009. A.M. Best deemed Aon the number one insurance broker based on revenues in 2007, 2008 and 2009, and Aon was voted best insurance internmediary 2007-2010, best reinsurance intermediary 2006-2010, best captives manager 2009-2010, and best employee benefits consulting firm 2007-2009 by the readers of Business Insurance.

Visit www.aon.com for more information on Aon and www.aon.com/manchesterunited to learn about Aon's global partnership and shirt sponsorship with Manchester United