Aon Consulting to Offer ELM(sm) Annuities to Clients

Product designed to address changing retirement needs of U.S. employees

CHICAGO, Jan. 23 /PRNewswire-FirstCall/ -- Aon Consulting Worldwide, the
global human capital consulting organization of Aon Corporation (NYSE: AOC),
today announced it will promote the ELM(sm) annuities to its clients. These
fixed annuity contracts were developed by ELM Income Group, working together
with the large insurance companies that issue the contracts. The ELM
annuities are designed to address issues around pricing and transparency, and
respond to the changing retirement needs of U.S. retirees concerned with risks
such as market volatility, longevity and inflation.
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"We think ELM offers the kind of value and integrity employers like to see
in the marketplace," said Cecil Hemingway, executive vice president and head
of Aon Consulting's U.S. Retirement Practice. "There is now extensive
economic research demonstrating how annuities may optimize sustainable income
in retirement. Through independent research, and our own analysis, from
February 2007 to December 2007, we compared the annuities available through
ELM against other similarly available annuities and found ELM annuities are
highly price competitive, very flexible, very secure and provide additional
benefits not often available from competitive products. We believe employers
will want to communicate these messages to retirees and point them to quality
sources in the annuity marketplace."
Aon Consulting will offer the ELM annuities to employer clients seeking to
introduce their retirees to the fixed annuity marketplace.
"ELM Products efficiently address the needs of retirees who need either
safety and income, or safety and growth opportunity," said Chris O'Flinn,
president and CEO of ELM Income Group. "We believe the partnership with Aon
Consulting will enable workers nationwide to learn more about the advantages
of fixed annuities and benefits of the ELM programs."
About ELM Income Group
ELM(sm) Income Group, Inc., based in Washington, D.C., is an independent
insurance agency that offers annuity products online at
http://www.elmannuity.com. ELM was founded by two former officers of large
corporations, each with an extensive background in benefits and applied
actuarial science. ELM helps retirees achieve a secure financial foundation
by increasing their ownership of fixed annuities. ELM Income Group, Inc. is
not affiliated with Aon Corporation.
About Aon
Aon Corporation (NYSE:AOC) is the leading global provider of risk
management services, insurance and reinsurance brokerage, human capital and
management consulting, and specialty insurance underwriting. Through its
43,000 professionals worldwide, Aon readily delivers distinctive client value
via innovative and effective risk management and workforce productivity
solutions. Our industry-leading global resources, technical expertise and
industry knowledge are delivered locally through more than 500 offices in more
than 120 countries. Aon was ranked by A.M. Best as the number one global
insurance brokerage in 2007 based on brokerage revenues, and voted best
insurance intermediary, best reinsurance intermediary, and best employee
benefits consulting firm in 2007 by the readers of Business Insurance. For
more information on Aon, log onto http://www.aon.com.
About Aon Consulting
Aon Consulting Worldwide (http://www.aon.com/hcc) is among the top global
human capital consulting firms, with 2006 revenues of $1.282 billion and 6,500
professionals in 117 offices worldwide. Aon Consulting is shaping the
workplace of the future through benefits, talent management and rewards
strategies and solutions. Aon Consulting was named the best employee benefit
consulting firm by the readers of Business Insurance magazine in 2006 and
2007.
Media Contacts:
Joe Micucci John Hellerman
Aon Consulting ELM
312-381-4786 202.274.4762
joe_micucci@aon.com JHellerman@HellermanBaretz.com

SOURCE Aon Corporation

Joe Micucci of Aon Consulting, +1-312-381-4786, joe_micucci@aon.com; or John
Hellerman of ELM Income Group, Inc., +1-202-274-4762,
JHellerman@HellermanBaretz.com, for Aon Corporation