Aon and Protecdiv Enter Co-Broking Agreement for Small-Business Reinsurance

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Aon Partners with Protecdiv for Co-Broking Agreement in Small-Business Reinsurance

Aon plc, a global professional services firm, has announced a new co-broking agreement with Protecdiv, a minority-owned enterprise (MBE) broker. This partnership aims to enhance service offerings to U.S.-based public and private sector entities, focusing on small and local businesses.

Protecdiv, co-founded in 2018 by T. Kael Coleman and Paul C. Little, is the only certified MBE, full-service insurance and reinsurance brokerage firm that specializes in serving public entity, specialty, and multi-national clients in various risk transfer spaces.

Lori Goltermann, CEO of Global Regions and North America at Aon, expressed excitement about the collaboration, stating, “Aon is committed to making investments to increase our capabilities on behalf of the needs of our clients. We are pleased to collaborate with Protecdiv as we continue to deliver on a shared commitment to supplier diversity, innovation, and impact, and shape better business decisions for all clients.”

Protecdiv will work with Aon on providing commercial insurance and reinsurance solutions tailored to the market needs within the private and public sectors. This agreement aims to drive measurable impact across industries and expand opportunities for public entities, corporations, and underserved communities.

Robert Simpson, Director of Small Business and Sustainable Procurement at Aon, emphasized the importance of relationships and expertise in differentiating Aon in the market. He stated, “We are committed to driving value for our clients by connecting them with suppliers, like Protecdiv, to create commercial impact.”

The full terms of the arrangement have not been disclosed. For more information about Aon’s Reinsurance Solutions, visit their website.

This partnership between Aon and Protecdiv highlights a shared commitment to supplier diversity, innovation, and impact, ultimately aiming to provide exceptional service to clients and support their vital missions. Stay tuned for more updates on this exciting collaboration.

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