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Last updated: Wednesday, December 13, 2017

 

Aon in Vietnam: The Aon United Approach - Partnering in Tradition, Integrity and Success

Posted: Monday, September 25, 2017


The partnership between Aon and Manchester United is one that is rooted in the shared values of teamwork, integrity and innovation. Since 2010, Aon’s strategic partnership with the prominent football club has enabled us to collaborate and create integrated solutions for clients across our six core business capabilities of risk, talent, health, retirement, data & analytics, and capital.

Winning is part of the heritage of Manchester United Football Club and, since partnering with Aon, they have brought new ideas to winning both on and off the pitch. Like Manchester United, Aon’s unified approach allows the company to bring the best of our global firm to clients locally by leveraging on its global network and service strength with local expertise and insights to help safeguard and empower clients’ businesses to understand, mitigate and capitalise on risk.
Aon’s operation in Vietnam was established in 1994 and is comprised of Aon Risk Solutions, which provides multifaceted retail broking and Aon Benfield, the reinsurance intermediary and capital advisory arm of Aon.

Over the years, Aon Vietnam has contributed significantly to minimising customers’ total cost of risk and insurance, with an unwavering commitment to protecting their assets, people, profitability, and the integrity of their brand name. Aon Vietnam was also conferred the Ministry of Finance 2015 Award in recognition of its innovative solution offerings in addition to outstanding achievements in building and developing the Vietnamese insurance industry.

By delivering expert risk profiling and quantification, insurance programme design, broking strength, insurer management and seamless fulfilment, Aon amplifies the combined value brought to bear by specialist brokers and insurers for its clients operating in Vietnam.

In 2016 and 2017, Aon Vietnam had the pleasure of welcoming Manchester United to the nation and hosting clients and colleagues at #ILOVEUNITED live match screenings and various pre-match activities including a meet-and-greet with Manchester United Legends players, a cocktail session and a club-hosted dinner.
Sinead McEvoy, Aon’s Director of Corporate Partnerships commented, “Like Aon, Manchester United's reach is truly global, transcending cultures and people. The partnership delivers mutual benefit with a focus on developing talent, managing risk and maximizing opportunity, and enhancing pride by being associated with a world-leading brand. As a key emerging market for Aon, we are delighted to expand our footprint in Vietnam and the region through such collaborative partner events with the club.”

2016 also marked a critical juncture in Vietnam’s growth and emergence in the global economy. The country consistently ranks among the world’s fastest-growing economies and continued to expand for a second straight year, at a rate in excess of six percent, defying a regional slowdown and outperforming a number of other countries in Asia. Moreover, disbursed foreign direct investment climbed 9 percent to a record $15.8 billion in 2016 as foreign companies continue to invest in Vietnam to take advantage of its highly competitive labour and low cost.

The Vietnamese insurance market also continues to be extremely competitive. While penetration is currently low, demand is accelerating. The country's continued economic development, combined with significant natural hazards, means growing levels of risk. As an expert in risk and people, Aon is in a prime position to empower Vietnamese clients and the broader business community with bespoke and innovative strategies and solutions, designed not to just keep up but to win in an unpredictable world.

PV








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