Under Pat Ryan’s vision, Aon Corp. has become the world’s leading insurance and reinsurance brokerage and human capital consultant, all while maintaining the founder’s commitment to service, integrity and values.
Ryan built Aon through a combination of organic growth and the integration of more than 425 acquisitions. Each organization he targeted to join Aon had its own story, but each one also shared a dedication to client service and a culture built on values. The acquisitions saw other companies as bureaucratic and centrist, while they viewed Aon under Ryan’s leadership as entrepreneurial and client-focused. They saw it as a place they could continue pushing themselves to excel as professionals. Careful selection of new colleagues and partners ensured long-term, sustainable success for Aon, its shareholders and its clients.
The most challenging aspects were cross-border integration and understanding and managing the diverse cultures involved as a result of many of the acquisitions.
Ryan created Aon as he did his predecessor business with an eye toward specialization. He started Ryan Insurance in 1964 on the premise that his desire for an entrepreneurial opportunity best existed in the insurance business, but he focused his work on creating the business as a specialist company that focused on serving auto dealers. His subsequent acquisitions concentrated on the same focus on specialty lines. As a result of Ryan’s vision, Aon today has grown to a multibillion-dollar global company.
HOW TO REACH: Aon Corp., www.aon.com