Member Spotlight: Aon’s Litigation Risk Group

Commercial Special Features By John Freund | November 15, 2023 PublicAon is a global insurance brokerage and professional services firm with approximately 50,000 employees across 120 countries that offers a wide array of risk mitigation products and structured solutions. Aon’s Litigation Risk Group focuses on de-risking adverse outcomes in active and potential future litigation for corporate, private equity, hedge fund, law firm, and litigation finance clients through the use of insurance.Aon has spearheaded the rapid development of this insurance market over the past five years with pioneering solutions like judgment preservation insurance, insurance-backed judgment monetization, and portfolio-based “principal protection” coverage for funders and plaintiff-side law firms. Aon’s Litigation Risk Group is the dominant market leader in the litigation and contingent risk space, having placed nearly $5billion in total limits over just the last several years, including over $1billion in limi...