Insight and Intelligence on the London & International Insurance Markets

4 February 2012

Aon Benfield aims for $700mn from e-portal

10 February 2010

Aon Benfield is aiming to place $700mn of facultative business annually through its new e-portal FAConnect.

The broking web portal aims to bring together reinsurers with insurers looking to place small individual risks that currently cannot be taken to market because of the transaction costs.

Aon Benfield places around $3bn or 18-20 percent of the overall fac market and hopes to transact between 20-30 percent of its business through the new electronic vehicle within a couple of years.

The vast...

You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.

Purchase


Share: This article was published as part of issue February 2010/2

Insider Publishing Limited - 2nd Floor Asia House, 31-33 Lime Street, London, EC3M 7HT, United Kingdom. The content of this website is copyright of Insider Publishing Limited 2012. All rights reserved Insider Publishing Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π